The number one rule for starting a home search is that you have to get all of your priorities straight, right from the start. In order to do this, you will need to follow a few simple rules at the beginning your home buying process.
Know Your Budget
Your budget should be your top priority. This budget will give a number that you can work with during your home search. It is also great for when you meet with your real estate agent. When you put together your budget, make sure that you account for what your expected bill amounts will be with a new home. It's good to do some research ahead of time to know how much taxes might be in your area. You can even call your insurance company to find out how much your homeowners insurance will cost. The more information you have about your budget and what you can afford, the better you will know which homes you should consider.
Find a Lender
With a budget in hand, it is time to go see a mortgagelender. By this point, you should already have checked your credit score and credit history. You should also have made any corrections as necessary to ensure that your score is at a reasonable place for when you apply for a home loan.
Find a Real Estate Agent
After you have been pre-approved for a home loan, you can see a real estate agent. Give the real estate agent details on your budget as well as your home. This should include information like specific neighborhoods, number of rooms that are necessary, and upstairs or one-story floor plan.
You can also do some searching on your own. Your agent will provide you with their findings and you can get information on the search results you have come up with yourself. Since agents have access to detailed information on houses, they can make your home search a much easier process.
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