Preparing to Buy
Lenders: Talking to at least two lenders will give you an idea what your price range is. Getting a preapproval letter allows you to put in offers now.
Start Saving: Most real estate transaction need a down payment but its also important to have a reserve for repairs or improvements that come up.
Know Your Needs: location, size, parking, condition, etc. Making decisions before you buy a property will save you time, gas, and frustration. Being flexible is great but having defined parameters speeds up the process.
Real Estate Agent: Get a real estate agent that will guide you through the home buying process. They can put you on a very specified search and put you in contact with other parties you may need, likes inspectors and attorneys.
Don’t sit on properties: In a sellers’ market you may have until the end of the day to see it and/or make on offer. Being an decisive and aggressive buyer will ensure you don’t lose out on the sale.