CHAPTER 7 12 Steps to Buying a Home ying a Home
We have been over much of the material here in greater depth elsewhere; however, this is a 12-step checklist and program that will make the home-buying experience more rewarding and less stressful.
BUYING STEP #1: Fig TEP #1: Figure Out What You Can Afford (Account for Expenses)
It is NEVER too early to reach out to a real estate professional to help you with each of these 12 Steps. 6-12 months prior to purchasing is recommended. You know by now that the purchase of a home is a complex process. In particular, buyers will often feel troubled by the huge expenses involved. Before setting out to buy a home, consider its affordability. You need to know if the particular home is in your budget. A home may seem affordable to you at a glance, but there are hidden expenses involved in buying. These expenses may lead you into financial problems. The actual cost of the home will always end up being more than the selling cost indicates, because there are added fees, as well. BUYING STEP #2: Make Sure You Can Get a Loan (Contact a Lender) If you don't have a preferred lender, your agent can make suggestions.
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