Here are some steps to take to help you achive your dream of your own home in Portland
Nearly 26 percent of people under 25 own their homes, up from less than 20 percent in 1982. During the same period, ownership in the 25-to-29 age group grew from 39 percent to 41 percent. Because home prices have tripled since 1982, it takes more planning for a young person to buy. Here are some steps to take to help you achive your dream of your own home.
Meet with a credit counselor to determine how much you can afford to pay for a house.
Get a free copy of your credit report online. If your credit score is 620 or higher, you should be able to get a mortgage. If it's lower, consider paying off some debt.
Get pre-approved for a mortgage of a certain amount so sellers will take your bid seriously.
Find a good real estate agent to negotiate for you.
