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The Four Keys to Being Prepared to Buy a Home

You will probably only buy a home a few times in your life, but we’re laser-focused on the process every day. We know how important proper preparation is to making the process easy and rewarding. Reach out today and we’ll get you started on the path to being a well-informed, confident and happy home buyer. Below are four keys to being prepared to buy a home.

  1. Know what you can afford and how much cash you will need.
    Knowing what you can afford before looking at houses is an important first step on the path to home ownership. Getting pre-approved will protect you from the disappointment of falling in love with a home that’s out of reach. Our experienced Loan Officers will be happy to help you get Marketplace Approved® so you know how much you can really afford when you begin your search.
  2. Know where you want to be located.
    Identify the area you would like to live in. Learn about the neighborhood before you make an offer to buy. Sample the commute. Talk to future neighbors. See the schools, local stores and services before you start negotiating.
  3. Choose your residential property type.
    Consider your range of choices: single family, multi-family, town home, condo, co-op, new construction, etc. Know the pros and cons of each. Decide which is best for you and define your home property search accordingly.
  4. Know your wants vs. your needs.
    Think about what you want in your future home: layout, number of bedrooms, attached vs. detached garage, etc. Spend some time considering which features are nice to have, and which are non-negotiable. Having these factors clearly defined will make it easier to compare listings. If you want some help putting these thoughts to paper, check out our handy dream home checklist.

Source: Top of Mind Networks