What to Know Before Buying a Home



In this #CreditChat, we discuss everything you need to know before buying a home with Lisa Gibbs from Money Magazine. Here are highlights:

Join us every Wednesday at 3 p.m. ET for #CreditChat

Questions we covered:

Q1: What mistakes do people make when deciding to buy a home?
Q2: What are the hidden costs of home ownership?
Q3: Any favorite apps or sites to help you research a home and neighborhood?
Q4: What are warning signs you should not buy a home?
Q5: How much should you put down? Any loan recommendations?
Q6: Any advice on finding a great realtor?
Q7: When is it better to rent than to buy? Any tips for figuring that out?

Favorite Tweets:

The typical home buyer searched for 12 weeks and viewed 10 homes.

House Buying Mistake: Not understanding total costs and borrowing maximum.

House Buying Mistake: Not knowing what they can afford & not reviewing credit history.

We storified the full tweetchat below …

Experian Blog

Experian is the leading global information services company, providing data and analytical tools to clients in more than 90 countries. This news blog provides our perspective on issues and trends affecting our businesses and our constituents in North America, while occasionally touching on Experian global news. Learn more.

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