How To Buy Your First Home In 2025 (Step-by-Step)
Summary
Sean Pan explains the steps in buying a first home, including comparing owning vs renting, assessing readiness based on steady income, a good credit score, and understanding debt-to-income ratios, calculating savings needed based on type of loan, reviewing tax breaks like the Section 121 Exclusion and Prop 13, and selecting a team of real estate agent and lender. He also discusses the benefits of online house hunting, going to open houses, contingencies, and the closing process.
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