| Whether it's your first time buying a home or not, you | | | | Why confuse yourself between needs and wants |
| should familiarize yourself with the whole mortgage | | | | when you can have both? Upon gathering information |
| process. Numerous mortgage lenders will assist you in | | | | in buying a home, take into consideration the different |
| the process of acquiring a pre-qualified and | | | | types of houses available and decide what you want |
| pre-approved home buying application. Of course, your | | | | from what is offered. |
| mortgage qualifications will be required by your agent | | | | - Word Confusion |
| to strengthen your deal in finding and buying a home. | | | | Needless to say, when you buy a home you should |
| Here are some things to consider when buying a | | | | familiarize yourself with the terms and words used |
| home. | | | | during the dealing and negotiating with your agent and |
| - Money | | | | contractor. Also, try to keep a list of the questions you |
| Before buying a home, consider your financial status. | | | | have that need further clarification. |
| Check your credit situation by getting hold of your | | | | - Cue Cards |
| most recent credit report at the credit center. You | | | | You don't want to forget even a single detail about the |
| should know exactly how much money you have and | | | | home you've selected, right? Why not keep little cue |
| how much you can afford to spend on a home. | | | | cards where the 'plus & minus' on each home or |
| - Time | | | | property you've seen is listed and recorded. |
| Don't expect to find a great home tomorrow if you've | | | | - Points and Plus |
| only begun your search today. Buying a home is like | | | | Learn how to bargain and get the best possible deal. |
| working on a school project. It needs ample time. If you | | | | - Safety and Security |
| think you've gathered enough information and | | | | Be sure to get homeowner's insurance. It may seem |
| resources within your time table, so be it. | | | | like a lifetime expense, but it will get you continued |
| - The Right Agent | | | | savings in the long run. |
| If you believe in the comfort and rewards of buying a | | | | - Final Check |
| home, you will need to trust the agent who will do the | | | | Do a final inspection or walk-through of the house |
| work for you. In finding a reliable agent you will need to | | | | before settlement and before the contract is |
| look at many sources of information to determine | | | | processed. |
| "who represents what". It is always best to compare | | | | Consider the above points as helpful factors when you |
| experiences, backgrounds and referrals of reputable | | | | to decide to buy a home. Plan ahead and avoid the |
| people. | | | | common mistakes that most home buyers make. |
| - Needs vs. Wants | | | | |