Buying a New Home is an Exciting Experience
But it can also be very stressful and frustrating. When you first embark on the journey towards homeownership, the sky is the limit and visiting open house after open house is extremely exciting. Exploring newly listed properties, discussing the pros and cons of quartz versus granite countertops, making the decision on whether you want a pool in your backyard or not, doing the math on square footage in your sleep and so much more becomes an endless loop in your head.
Once the novelty wears off however, it can become tiring spending your weekends going to yet another open house. You will see so many houses listed for sale that you don’t even know what you are looking for in a home anymore. This is why it is so important to do your research and prepare ahead of time before you even begin looking for a home.
Make Sure You Are Able to Afford the Payment & Expenses
Take the time to get together with a professional lender who will help you put your finances in order, help you understand the process of applying for a mortgage and provide you with a pre-approval that will show you just how much house you can afford.
Once you know how much money the bank is willing to lend you, then you will be able to begin narrowing down your search based on specific neighborhoods, home size and amenities.