Thinking of buying a new home?

 

5 tips for buying a new home

1. Do your research and get pre-approved for a mortgage - Before you start house hunting, it’s important to know exactly how much you can afford. Research different mortgage options and get pre-approved by a lender so you can make an informed decision when it comes time to make an offer.
2. Know what you're looking for - Make a list of the features you want and need in your next home. This will help you stay focused when you look at different homes.
3. Inspect the home - It’s important to have an inspection done by a qualified professional before you make an offer. This will help you understand any potential issues with the home and give you bargaining power during the negotiation process.
4. Consider resale value - While you may not be planning on selling your new home anytime soon, it’s important to consider how the features you choose today will affect the resale value of your home in the future.
5. Don’t forget about the costs - When budgeting for a new home, it’s important to consider all of the costs associated with the purchase. This includes closing costs, taxes, insurance, and other expenses.