As the market returns to normal - slowly, but it's getting there, it is time to get in on a house of your own before they get too expensive, Here are some things you need to consider before you jump into it.
- Get Pre-approved
- Find a good Realtor
- Get familiar with your market and values (your Realtor will help you)
- Find a good home inspector, Why get a home inspection
Now that's the easy part, you also need to decide what you would like in a house. One way to do this is to create a "Needs and Wants" list.
All you need is paper and two columns, first one is needs, second one wants. Now list the things you need - say 3 bedrooms, a roof (yes I'm a funny guy that way), 3 car garage, etc... You get the idea, these are things got must have. The wants are things that would be nice, like a fireplace, pool or maybe a large garage.
Once you have this, you have a much better last of the specs you want in your house , and it makes my life easier since I know what to look forward. The next step is the looking part.