How to Prepare Your Budget for Buying Your First Home #realestate #homeownership #wealth

Source:  Credit.com

Since the beginning of spring and more interest-rate hikes coming up, a lot of people are wondering if it's time to make the jump from renter to homeowner.  Of course, making such a move involves much more than browsing real estate listings and cobbling together enough for a down payment.

One of the most important things a first-time homebuyer can do is prepare their budget for this big financial event.  We asked our partners and money-savers extraordinaire at Clark.com to share some of their best budgeting tips for people looking to buy a home this year.  Some of the steps homebuyers should take to prepare their finances include getting their credit in shape, save enough for a down payment - and then some, and prepare for other upfront costs.

Click the link for further reading:  http://finance.yahoo.com/news/prepare-budget-buying-first-home-123000854.html

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