A first time buyer has questions about how to get started buying a San Francisco home
A reader asks:As a first time buyer, what are the first steps in buying a house or condo in San Francisco?
Our reply:
Our first suggestion would be to meet with a mortgage broker to see what price range home you qualify to buy. There are also mortgage calculators (Dennis Kowalski of Princeton Capital has one on his site) to give you an idea of what you can afford. But meet with a professional who will know what loan programs are available to you as a first time buyer. Once you know this it will go a long way in determining what area you should be looking in and the type and amount of the property you should buy.
- Mick Orton
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