Articles Tagged "buying a home in bellefontaine"

Choice Properties Real Estate Home

Subscribe and receive email notifications of new blog posts.

rss logo RSS Feed
Bellefontaine | 19 Posts
Home Buyers | 68 Posts
Home Owners | 31 Posts
Home Sellers | 36 Posts
Indian Lake | 23 Posts
Lakefront Homes | 6 Posts
Living in Ohio | 11 Posts
Logan County | 7 Posts
Moving | 11 Posts
Real Estate | 10 Posts
local attractions | community life | life in Bellefontaine | home staging | presentation | house showing | inspections | real estate agents | house hunting | finding a home | recreation | home listings | seasons | winter | midwest | outdoors | homes in bellefontaine | bellefontaine school system | find homes in bellefontaine ohio | bellefontaine businesses | homes for sale in bellefontaine | History of Logan County | Life in Logan County | Logan County Indians | Local Culture | Residents of Logan County | Houses for Sale in Logan County | Logan County Lawncare | home presentation for sellers | Showing Your Home in Logan County | Logan County Hospitality | Logan County Attractions | Local Lodging | Summer | Central Ohio Attractions | Summer Festivities | Festivals and Events | Indian Lake Boating | Summer Sports | Homeowners | Home Utilities | Summer | moving | moving | smartphone apps | home mortgage | home financing | interest rates | home buying budget | home repairs | House Comps | Home Decorating | Local Wildlife | Home Gardens | Landscaping | Home Maintenance | Home Care | Organizing your Home | Selling Your Home | Family Bonding | House Cleaning | home improvements | house upgrades | kitchen remodel | bathrooms | outdoor patio landscaping | making an offer | looking for homes in logan county | home shopping in bellefontaine | dream home | window treatments | energy costs | energy bill | home insulation | energy efficiency | solar energy | home staging | home buyers | long distance sale | vacation home | investment properties | indianlakeproperty | indianlakeboatshow | indianlake | home remodeling | cleaning closets | home upkeep | indian lake living | garage | garage cleaning | garage storage | closing costs | house financing | closing on a home | retirement | retiring in ohio | retirement home | finding a home | living in ohio | ohio retirement | moving to a new neighborhood | relocating | moving | healthy living | central ohio neighborhoods | indian lake neighborhoods | home insurance | insurance policies | buying homeowners insurance | homeowners insurance | insuring your ohio home | indian lake home insurance | buy a home in indian lake | indian lake homes for sale | indian lake real estate | bellefontaine real estate | bellefontaine properties | when to buy | calculate your payments | buy a home in indian lake | indian lake ohio real estate | homes near indian lake | homes in bellefontaine | central ohio homes | northern ohio homes | renting your home | home rental | AirBnB | vacation home rental | indian lake vacation homes | vacation homes by the lake | sellers market | selling your home | indian lake homes | homes for sale | central ohio homes | home loans | home financing | qualifying for a home loan | finding a mortgage | home mortgages | mortgage lending | buying a home in bellefontaine | buying a home | home buyers | bellefontaine homes | buying lakefront property | vacation home on the lake | vacation homes | renting your home | find the perfect home | waterfront living | Seasonal | Home Maintenance | Home Protection | Home Care | Seasonal | Winterization | Winterize your Home | Home Care | Home Maintenance | Energy Costs | Retiring in Ohio | Retire in Ohio | Renting a Home | Pros and Cons | Buying a Home | Home Renovations | home repair | living in a home | homeowners | fixing up a house | Retirement | Vacation Home | Houses for Sales | Senior Living | real estate agent | real estate company | indian lake real estate | working with an agent | renting a home | buying a home | home buyers | home owners | cost of renting | cost of buying a home | indian lake home | buying a home | indian lake houses | real estate ohio | bellefontaine hosue | senior citizens | retirement property | buying a home | indian lake homes | indian lake properties | senior house | buying a home | closing on a house | closing sale | mortgages | logan county homes | feeling at home | buying a home | finding a home | home shopping | bedrooms | kid bedrooms | kids | family home | home renovations | winterizing | winterizing your home | home care | home maintenance | home protection | winter | Home Repairs | Home Maintenance | Fixing a Clogged Sink | Tips for Homeowners | Living Room | Using Space | Decorating | Furniture | Refinancing | Financing | Buying a Home | Saving Money | New home buyers | Escrow | Home buying process | ohio home buyers

The Indian Lakes region is a beautiful, scenic place to buy a home. Bellefontaine has top rated schools, amazing community of people and has been growing in popularity for individuals and families looking for affordable homes. Learn some things to do before looking to buy a home in Bellefontaine.

buying a home in Bellefontaine.

Checklist for Buying a Home in Bellefontaine

No matter whether a person is a first-time buyer or experienced owner, a house purchase requires some checks before moving forward. The following is a great start.


Strengthen credit scores

Generally speaking, the higher a credit score, the more desirable it appears to potential lenders. Anything below 660 or 680 may result in paying fees or a higher down payment. To get the best rates available, stay above 700 but, ideally, a score at 750 or above will receive the best mortgage rates. Review credit reports prior to applying for a mortgage to assess credit worthiness and make any adjustments.


Go low

FHA financing accounts for one-fifth of loans which dictates a payment cannot exceed 31% of monthly income. A safe formula is to stay at or below 28% of gross monthly income. Calculate mortgage payments in the desired price range, along with expenses and bank the difference.


Save money

Depending on credit and financing, it generally helps to save enough for a down payment between 3% to 20% of the home's price. To receive an FHA loan, a credit score must be 580 or higher. Saving up now can result in lower, shorter payments and save money in the long run.


Build up savings

Loan fees can add up including closing costs. Building savings is something people can do to save up for anticipated costs. Save up anywhere from 3 to 5 months' worth of mortgage payments to demonstrate financial stability. Having money in the bank can demonstrate to the financer equity and are generally considered lower risk for mortgages.


Get pre-approved

Serious home buyers must focus on the most important thing which is getting everything in order. Prior to shopping, look at financing and get that in place. The preapproval process is much more extensive than it was a few years ago.


Buying the dream house

Bellefontaine is a beautiful area with lots of places to search for the perfect home. Do some research to find the right home that will keep the family happy for years to come. Whether it is a vacation property or permanent home, focus on finding the right home, in the right price range which is affordable and has most of the desired amenities. Step back, be certain the home is the right one and only move forward when it feels right.


Speaking with an experienced, qualified real estate agent can help guide a home search. A Choice Properties real estate agent can support individuals in the search for a property in Bellefontaine and surrounding areas.