Home Buying Question Checklist - Money Smart CBI

FDIC Money Smart Your Own Home ? Study Aid for Adults

Home Buying Question Checklist

If you would like, print this study aid for future reference. Am I ready to buy a home?

1. Do I have a steady source of income? 2. Have I received this income on a regular basis for at least the last 2 or 3 years? 3. Do I have a credit history? (This refers to whether you have ever borrowed money for

any purpose.) 4. Do I have a good record of paying bills and other debts? 5. Will I be able to make the mortgage payment every month, plus handle additional costs

for taxes, insurance, maintenance, and unexpected repairs, plus pay my other bills? 6. Do I anticipate moving within the next few years? 7. Do I have money saved for a down payment and closing costs?

Page 1 of 1

................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download