1. Get you finances in order.
Examine your credit report & be prepared for down payment or closing cost.
2. Get pre-approved for a mortgage.
Talk to a lender NOW – before looking at properties! Most sellers, all lenders, require pre-approval or proof of funds to be submitted with
3. Do your homework before looking at homes.
Determine exactly what features you want in a home and which are most important to you.
4. Think long term.
Are you looking for a starter home, or something to stay in for a long time?
This could influence the type of home you decide to purchase, as well as the
type of mortgage terms that best suit you.
5. Don’t become “house poor”.
Buying the biggest home you can afford may leave no money for maintenance,
decor, or renovations. Plus, it may make it hard for you to save for other
6. Be choosy, but realistic.
You may never find the “perfect” home.
7. Don’t take chances.
Obtain a professional home inspection and, if possible, a home owner’s
warranty to cover any defect within the first year.