From Here to Homeowner: A Homebuying Road Map

June 1, 2023 at 8:02am in Community, Homeownership

June is National Homeownership month, a time to highlight the value owning a home brings to families, communities and neighborhoods across America.

Buying a new home will likely be the biggest investment most people make in their lifetime. It can also be a confusing process for first-time homebuyers or individuals who have not purchased a home in a while. That makes it important to gather as much information as possible before considering whether to buy a home.

Here are five things that Alaska Housing's mortgage experts recommend potential homebuyers think about before getting on the road to homeownership.

Graphic shows five things to consider before buying your first home. 1. determine if buying is right for you 2. what's your financial status 3. take advantage of homebuyer education 4. shop approved lenders 5. find a realtor

Additional Resources

Where can prospective homeowners go to start gathering information? Here are some resources that can help get things going. From free credit reports, to information on how to protect your money, to different types of available loans, these resources can provide important insights into the homebuying process.

Graphic shares some resources for prospective homeowners, including the websites for Alaska Housing (ahfc.us), a free credit report (annualcreditreport.com) and the federal government (consumer.gov).