1) "How much house can I afford?" - Most buyers ask themselves this question at one time or another. The process of buying a home or investment generally starts with determining your buying power; that is, your financial reserves plus your borrowing capacity..
2) Locate your home - How do you go about finding the right property? It is one of the biggest decisions in your life. Once you do, make a well calculated offer.
3) Do the financing - Understand the issues surrounding obtaining your mortgage - rates terms, points, and variable versus fixed rates.
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The process of obtaining financing should begin before you start your property search.
Finding Your dream home - Once you know how much you can and want to invest, the next step is to find the properties that most nearly fit your needs. This is the time to choose a real estate licensee. When picking a real estate agent look for one who is also a REALTOR®.
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