5 Clever Tactics to Save Thousands on Your Next Home Purchase
Posted by Adam Chahl on
Purchasing a home is a significant milestone, but it doesn't have to break the bank. With strategic planning and informed decisions, buyers can save substantial amounts during the home buying process. Here are five effective tactics to help you retain more of your hard-earned money.
1. Enhance Your Credit Score Before Applying for a Mortgage
Your credit score plays a pivotal role in determining the interest rate on your mortgage. A higher score can lead to lower interest rates, translating to significant savings over the life of your loan. For instance, improving your score from 650 to 750 could reduce your interest rate by up to 1%, potentially saving you thousands.
Action Steps:
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Review your credit report for inaccuracies and dispute…
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