This piece is sponsored by The First National Bank in Sioux Falls.
So you’ve answered the question of “Should I rent or buy?” and decided that you want to buy a house in the short- or long-term future.
If renting is right for you right now but your end goal is to buy a home, that brings us to the next question: How do I prepare to buy a house?
Homeownership is a huge leap, but you can make the transition easier by taking these small steps along the way:
1. Start saving for a down payment early in the process.
If you’re a first-time homebuyer, you may be able to take advantage of down payment assistance, tax credits and reduced private mortgage insurance premiums…