You’re ready to buy or ready to start seriously thinking about buying. There’s a lot you can do to prepare. With so much information available at your fingertips, you may have already started doing your own research. Here are a few things to keep in mind while you get started.
DETERMINE YOUR PRICE RANGE
The best place to start when buying a home is to find out how much house you can afford. An agent can refer you to a mortgage lender who can assist you with determining how much of a down payment you can afford, comfortable monthly payment, and the type of mortgage that fits your needs best. Serious buyers who are highly motivated should go through the effort of getting pre-approved; not only will this allow you to focus your home search, but it will also position you as a serious buyer in the eyes of sellers when the time comes to make an offer.
MAKE A LIST AND PRIORITIZE
Imagine your ideal home and location. Now make a list of everything you envi- sioned, take that list and break it down from high to low priority. High-priority items are the things you cannot live without in your new home (Large Bedrooms, Large Closets, High-end appliances, proximity to amenities and schools, etc.). Lower-priority items are those that are an added bonus, but not necessary (Jet- ted-tub, landscaped yard).
TOUR HOMES IN PERSON AND ONLINE
Some people look at several homes before finding just the right one. And others find “the one” immediately. Thanks to the internet, you can streamline your search pro- cess significantly by checking out homes for sale online. You can visit open houses and preview everything that’s for sale in your market on one of our websites.