Personal Finance Resources: Financial Education & Literacy

WalletWorks Podcast – Episode 2: Homebuying 101

Written by PSECU | Oct 26, 2021 11:03:32 AM

Real estate is a hot market right now, and many folks are buying, selling, relocating, or downsizing. But buying a home is a big financial commitment. In today’s episode, we’re sharing tips for new homebuyers and existing homeowners so your transition to your new digs is seamless.

When house hunting, you’ll need to know where to start. Learn more about where to find a realtor, how to determine what you can afford, which mortgage is right for you, and what you should know before you begin the application process. As a first-time homebuyer, it can be easy to make house-hunting mistakes. We’ll review some tips for success and what you should avoid to make the homebuying process less stressful.

In each episode of the WalletWorks podcast, we’ll answer questions from the audience. This week our audience is wondering if renting is really throwing money away and what the difference is between being prequalified and preapproved during the buying process. To find out answers to these questions along with other homebuying tips, download our latest episode.

If you have a financial question you’d like to ask, please email the WalletWorks podcast at walletworks@psecu.com. All submissions will remain anonymous. If you’d like, you can subscribe to the podcast and get updates when we release new episodes. Visit psecu.com/learn for additional financial tips and tools from our WalletWorks program.