We all know the old line about location. But buying a home takes research, research, research, too.
You will want to determine:
1) How much you can comfortably afford. The pre-approval process, which entails full documentation and credit check, is the best way to determine the numbers that are right for you. Early in your search, you can identify any potential hurdles and focus only on homes truly available to you.
2) How much cash you need to close. Knowing how much cash you’ll need to close and, ideally, consolidating those funds into one account will help to prevent stress and ease the process later.
3) What kind of property you really want. Single family, multi-family, condo, co-op, Victorian, Colonial, Cape, split,…