The Freddie Mac site covers a lot of information about homebuying, avoiding predatory lending, homebuyer education, financial calculators, etc.
Nine Steps to Buying Your New Home
Buying a home can be a complicated process. By following these nine steps, you can make the process a lot easier.
- Figure out how much you can afford
- Know your rights
- Shop for a loan
- Learn about home buying programs
- Shop for a home
- Make an offer
- Get home inspection
- Shop for homeowners insurance
- Sign papers
Prior to beginning the home buying process you should determine what you can afford and how much you want to spend each month. By using a mortgage calculator you can determine the estimated purchase price that you may qualify for. The link provided below will take you to an online mortgage calculator.
Free Credit Report
Your credit score is very important when you are buying a house. The higher your credit score, the more buying power you will have when coming to get a low interest rate on your mortgage. In order to determine what your credit score is you may obtain a credit report from the credit bureau.
You are eligible to receive a free copy of your credit report from each of the 3 credit repositories once a year. There will be a small charge if you choose to also purchase your credit score. However, the scores provided to a consumer may differ from those provided to a lender when accessing your credit.
You can obtain your free credit report by calling 1-877-322-8228.
To Request your Credit Report by Mail:
- Download the request form (You need an Adobe viewer to view the requested form. Download the free Adobe viewer)
- Print and complete the form
- Mail the completed form to:
Annual Credit Report Request Service
P.O. Box 105281
Atlanta, GA 30348-5281
Your reports will be mailed to you within 15 days. Please, allow 2-3 weeks for delivery.
Local Real Estate Listings
To make your search a lot easier, here are some direct links to real estate multi list services that are located in Luzerne County.
Uniform Construction Code
Pennsylvania's statewide building code is called the Uniform Construction Code (UCC) and the State's pre-UCC requirements for commercial buildings. The UCC Administration and Enforcement regulation has adopted the codes for use throughout the Commonwealth of Pennsylvania which went into effect on December 31, 2006. There are 2,563 municipalities located in Pennsylvania that have elected to administer the code and have hired private code enforcement agencies to enforce the UCC.