Doing a little homework is your first step in the process of buying a home - whether it is your first home or a replacement home. The homework you do now, will streamline the process of find your new home. The information below will guide you through this process.
Evaluate Your Current Living Arrangements
If you were talking to or writing to your closest friend, what would you tell them about where you live right now? Example:
What features do you like most?
What do you like least?
What would you change?
Identify Your Goals - Both Short-Term and Long-Term
Picture yourself in the future ' what does the future look like?
Ideally, where would you like to be in five years? 10 years?
What will you be doing?
Where will you be living?
Describe your perfect home.
Explore Your Wants And Needs
HINT: Needs=Must Have - Wants=Nice to Have
Now that you have done some homework, you are probably getting "antsy" to find that dream home! As you enter this next phase, you will find that the two most important people in this process will be your Realtor and your lender. They will work hand-in-hand to assure that you have a successful home buying experience. And don't worry, if you haven't gotten pre-approved yet, your REALTOR can help you with that.