Home Buying Tips

The number one tip and the first thing you should do is talk to a lender and get preapproved for a mortgage. There is no worse feeling than looking at homes that you can't afford. It makes the homes you can afford look undesirable. A lender will help you read and understand your credit report, tell you how much of a down payment to expect and how much you should set aside for closing costs. Alender will also be able to estimate your mortgage amount so you can figure out a realistic budget. Remember to leave money for decor, fix-ups and maintenance. Don't become "house poor."

You should determine what features you absolutely can't live without and the ones you would prefer. It will make looking at homes more efficient. You will get a better idea of what amenities you can get for the price in certain neighborhoods. It will help you be realistic on what you can get for your budget. You may not find the perfect hom, but you can prioritize what you want and get the best home for you that is affordable.

Know what your move-in date is so you can coordinate that with your offer. It is probably best to leave some extra time in case you have delays in closing.

You also need to give some thought to how long you are planning to stay in your new home. That will affect the type of home you are going to purchase as well as the type of mortgage you may select.

Lastly, get professional help for your real estate needs and a professional home inspection.

Good luck and don't be afraid to ask any of the professionals questions.