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Be
Honest
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| It's
important to be 100% candid with yourself about what you want
and expect in your new home. Think about your everyday routine
and list the items that are important to you. The time to do
this is now - before you get caught up in the excitement. |
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Prepare
and Plan 
Assemble all
of your information and develop a good idea of what you want before
you begin shopping.
Getting Organized
Your house hunting will be more efficient and less stressful if you
take the time to organize yourself. Make sure you know what you can
afford, where you want to live, and what features you want in your
new home.
Where
Do You Want to Live?
Think about the communities in your area and decide which ones
you like and why. Consider schools, recreational facilities, and access
to work and shopping. Write down the various features you like and
dislike about each community; then review the list to decide which
areas are right for you. It's important to know where you want to
live from the start - otherwise it's too easy to get excited over
a great house in the wrong location. Don't forget to consider price
range when narrowing down your choice of locations - you'll want to
spend your time looking where you'll have a good chance of finding
something appropriate.
Make
a Features List
List the features you want in your new home, including rooms,
room dimensions, lot size, architectural style, access to schools,
recreation, etc. Use this wish list when
viewing homes to help evaluate each property.
Determine
Your Financing Options
Finding the right mortgage is almost as important as finding the
right house. There are many financing options available in today's
marketplace, so it pays to take the time to find the right type of
loan. Many lenders offer pre-approval programs that allow you to secure
a loan before you even find your home - giving you a real advantage
when negotiating with sellers.
Prequalify
for Your Loan
Many lenders allow you to apply for a mortgage
before you even find a home. Once prequalified, the only major requirement
for your loan is a satisfactory appraisal of the property to be purchased
(once you find it). Prequalifying
can not only give you peace of mind while shopping; it can really
give you an advantage in a tight market - where a seller may preference
a buyer who has funding secured.
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