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Ready to take the plunge into home ownership? Before you start dreaming of new paint colors and the perfect furniture, you should take the time to ask yourself some basic questions - making sure you're financially ready is essential.

In the Coinage video above, learn about the three financial necessities home buyers should know about, from credit scores to down payments. Figuring this out ahead of time will make it much easier to see that "sold" sign outside your new pad.