Build a Plan of Action and Get Ready
Buying a home will probably rank as one of the biggest personal investments
one can make. Being organized and in control will contribute significantly to
getting the best home deal possible with the least amount of stress. It's
important to anticipate the steps required to successfully achieve your
housing goal and to build a plan of action that gets you there.
Before you can build a plan of action, take the time to lay the groundwork for
your decision-making process.
First, ask yourself how much can you afford to pay for a home in the
Springs Real Estate
market. If you're not sure on the price range, find a lender
and get preapproved. Preapproval will
let you know how much you can afford
so that you can look for homes in your
price range. Getting pre-approved helps
you to alleviate some of the anxieties
that come with home buying. You know
exactly what you qualify for and at what
rate, you know how large your
monthly mortgage payments will be, and you know how much you will have
for a down payment. Once you are
pre-approved, you avoid the frustration of
finding homes that you think are perfect, but are not in your price range.
Second, ask yourself where you want to live and what is the best location for
you and/or your family. Things to consider:
*convenience for all family members
*proximity to work, school
*crime rate of neighborhood
*types of homes in neighborhood, for example condos, town homes, co-ops,
newly constructed homes etc.