There are many things to consider when buying a home. Where you want to move, when, and how much you want to spend are some of the biggest factors. Read below to see what you need to consider before making a home purchase.
Having a wish list or priority list for a home
Having a wish list before viewing properties can help buyers know what they are looking for. This can save time when choosing and viewing properties. Things on a wish list could include: commute time, school district, number of bedrooms and bathrooms, neighborhood and square footage.
Being pre-approved for a loan
Several lenders have mortgage applications on their websites you can find and fill out from the comfort of your own home. Decide if you would like to use a mortgage broker, bank, or credit union to write your loan. Consider and ask your potential lenders what type of loan is right for you. Loan types include FHA, VA, USDA, and conventional.