7 ways to save for your first home!

1. Figure out what you can afford. Track your money for 6 months...what is coming in and what is going out. Look at the amount that is left.

2. Think about the kind of home you want, where you want to live....this will affect the cost of the home. Determine the monthly payment for the home given current interest rates, be sure to include insurance and taxes in your claculation.

3. Based on your research dertermine how much you will need to save to have that monthly payment and also you will need to set aside some money for closing costs and down payment for the home purchase.

4. Find a Realtor who will help you find the right home.

5 . Find a lender who will work with you to find the right financing program that fits your budget.

6. Create a timeline for buying your home. This timeline will depend on how much you can save and also the availability of the home.

7. Pay off credit cards if you can, If not be sure to make on time payments and this is not the time to take on new debt such as buying a new car etc.