Carolyn Luke’s Post

View profile for Carolyn Luke, graphic

Lic. Real Estate Salesperson at Coldwell Banker Prime Properties

Keep your homeownership dreams from turning into first-time buyer blunders! Avoid these common mistakes: 1. Ditch the 20% Myth: You don't need a hefty chunk of cash upfront – explore lower down payment options that open the door to homeownership sooner. 2. Know the Difference: Don't confuse a pre-qualification (a ballpark estimate) with a pre-approval (the real deal!). Get pre-approved before you fall in love with a house beyond your budget. 3. Affordability: Don't get swept away by the charm – ensure your monthly payments, including taxes and insurance, fit comfortably within your budget. 4. Don't Forget the Fees: Factor closing costs into your budget upfront so you don't have any hidden financial surprises. Carolyn Luke, REALTOR® License# 10401222793 #CarolynLuke | #Realtor | #RealEstateAgent | #CarolynLukeRealtor | #CarolynLukeRealEstateAgent | #ColdwellBanker | #CB | #CBPrimeProperties | #NYhomes | #NYproperties | #realestate | #homeownership | #homebuying | #firsttimehomebuyer | #opportunity | #CapitalRegion | #CapitalDistrict | #Albany | #Troy | #Schenectady | #Niskayuna | #Realtor | #518Realty | #518RealEstate | #CarolynLukeHomes | #CountonCarolyn

To view or add a comment, sign in

Explore topics