Tips to Consider When Buying a House

Know your Budget. It’s important to establish your price range before you even begin looking for a house. How much can you afford? How much is too much? What kind of monthly payments can you make? How much can you put toward a down payment?
There will be Additional Costs. Keep in mind that there will be additional costs when you buy your home. There will be closing costs, property taxes and insurance premiums. Don’t forget to include these when calculating your budget.
Get Pre-Approved for a Mortgage. It is important to get pre-approved for a mortgage loan before getting too far into the buying process. It’s a safety feature when it comes to making an offer (you know that you can back it up) and it adds a wanted comfort factor when considering what home is right for you. You can check out our recommended mortgage lenders here.
Make a List. a piece of paper and draw a line down the middle. Label one side “Really Need” and the other side “Really Want.” Bring the list to your realtor. Be honest with yourself; you know what will make you happy. Sometimes it just helps to see it in writing.
It’s All About the Location. You have to live there, make sure it’s where you want to be. Consider the commute time to and from work. How is the school district? Is there a Home Owner’s Association? What does the rest of the neighborhood look like?


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