Starting Guide
Whether you are ready to purchase your first home or ready to sell your current home and move to another location, there are several important factors worth considering. First, it's best to establish the reasons why you're looking to buy or move. While there are many benefits to home ownership, it is a major financial commitment and you need to be certain that your decision is an educated one.
Establish your price range.
Before shopping for your new home, shop for the right mortgage. It's recommended to get pre-approved by a lender rather than just pre-qualified, so you know exactly the price range you can afford. One doesn't just go out and buy a car with knowing the price to start with.
Know your Neighborhood.
On the weekends cruise by open houses in different neighborhoods throughout town to get a sense of all the homes within your price range. Go again at night time to get a feel of the night noise of the area.
Cover your bases.When making a purchase offer on a house, be sure to include contingencies for the mortgage financing and appraisal from the lender. It's also important to include your approval of a professional inspection report on the house, to avoid getting stuck buying what could turn into a money pit.
