Here are some tips for first-time homebuyers... do some homework and define your expectations before you start to search in earnest.
- Take out a blank sheet of paper and write out your wish list... better yet, go through Finding the Best Place for You.
- Recognize that there is no such thing as the perfect home, but there is a home that is perfect for you... signs you have found it.
- Get pre-approved for a mortgage so you know how much you qualify for... then budget for expenses beyond PITI (mortgage prinicipal, interest, taxes and insurance)
- Consider whether it makes more sense for you to rent or buy... 6 reasons why it can be better to own rather than rent
- Wondering if you are ready to buy? Check out 10 signs you are ready to buy
Sharlene Hensrud, RE/MAX Results - Minneapolis Buyer's Agent
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