Goldenwest Properties Puyallup WA Real estate

buying a home in puyallup wa

How do I buy my first Puyallup, WA, home?

Buying is simple with help

Being a first-time buyer in Puyallup, WA. Buying your first home in Puyallup can seem very intimidating. This is a new world to you, and everything is very foreign. Not to worry, between our reports and our agents, you will get through this process with ease. In no time, you will be the proud owner of your first home.

Where do you start?

Assess your finance literacy. Being ignorant of the financing basics is definitely not bliss when you are buying a house in Puyallup. Being knowledgeable of the financing basics, as well as the home-purchasing process can be very beneficial to you when you begin this journey. Developing yourself into an educated shopper can help you save thousands of dollars in the long run.

Programs for first-time buyers. There are many programs, including local and federal programs that will assist first-time home buyers purchase their property. Our agents know all about these programs, so make sure to ask us about it. Our Puyallup, WA, real estate agents can guide you in finding the perfect program for you.

Your lender. The lender of your choice can more than likely help you buy your first home. If you have an asset, like a car or a boat that is free and clear, but you don’t have a significant amount of money for a down payment, you could use this asset as a lien for your loan. Contact your lender to see if this is an option that is suitable for you.

Private contracts. A seller might be interested in doing a private contract. In some cases, sellers may be willing to carry this contract and waive the down payment altogether. You could be looking at only paying monthly mortgage installments.

Need financial solutions?

Credit or tax problems. Do you have problems with your credit rating or owe money in taxes? Buying your first Puyallup, WA, home is still a possibility. It may be a little more difficult, but sellers will still be willing to sell a home to you. Check with your lending institution about options, such as paying a higher down-payment.
If necessary, contact a financial advisor or tax resolution service.