What You Need to Know When Buying a Home

Low interest rates make now a great time to buy a home.  Taking advantage of today’s low interest rates will save you a lot of money in the long run.  But, before you start your home buying process, consider the following advice.

  • How long do plan on living in the home?  If this isn’t a permanent home, look for a house with three to four bedrooms and at least two bathrooms.  These homes are the most popular and tend to be easier to sell.
  • Knowing how much home you can afford is essential.  You want to be able to enjoy your new home without feeling overwhelmed by the mortgage.  Feel free to go to my site at http://livinginstgeorge.com and use the Affordability Calculator to see how much you can afford to spend.
  • Trying to coordinate the sale of your home as well as the purchase of your home can be stressful.  Consider whether or not you need to sell your current house before purchasing a new one.  Also consider whether or not you can afford to pay two mortgages while waiting for your current home to sell.
  • Find a Realtor® who fits your needs.   A good Realtor® will listen to what your interests are and help accordingly.

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