2023 BN360: Homebuying Tips as the Market Heats Up

Description

Homebuying Tips as the Market Heats Up

We all know that it has been a seller’s market for the last two years with homes being sold for over asking in bidding wars. A new influx of homes will hit the market this Spring, so arm yourself with the knowledge and tools to be in the best position to purchase the home that is right for you. Join BN360 and Five Star Bank Regional Sales Manager of Residential Lending Bridget R Campbell for practical advice on mortgage qualifications, budgeting, home-buying assistance programs, and other critical pieces to the home ownership puzzle. Bring your questions for this interactive discussion!

Key takeaways include:

• Importance of having three lines of established credit in your name, Establishing a budget that includes monthly expenses such as utilities, and maintenance costs, and moving fees
  
  
• How much in liquid assets you should have available before you begin your house hunt.
  
  
• How to build an emergency savings account to cover larger maintenance expenses such as a hot water tank or furnace replacement, How to hand the stress of house hunting and not give in to pressure
  
  

Speaker Bio: Bridget R Campbell is an experienced mortgage professional. She has been a member of the Five Star Bank family since February 2018, serving as our Regional Sales Manager of Residential Lending. Bridget is proud to call Greece – a suburb of Rochester – home, with great neighbors and a convenient location. In her free time, Bridget enjoys watching her children play sports and spending time at their family cottage on Cayuga Lake. With over 26 years of experience in the field, Bridget is able to help customers navigate the homebuying process to find the mortgage solution that best fits their needs.