7 Things to Do Before Looking at Homes for Sale

So you’ve decided that it’s time for you to start shopping for a new home. If you’ve never been house hunting before, this can be quite intimidating. But as long as you have an idea of where to get started, the process really isn’t that difficult. Let’s dive into what you should do before beginning your house hunt.

1. Know Your Budget

You need to be very aware of your budget before shopping for homes for sale. Consult with your bank and determine what kind of mortgage you could be eligible for, as well as whether or not you qualify for any programs that will aid you in buying a home. Budgeting will also include saving up a down payment, so this may take some time.

2. Know What You’re Looking For

What are your musts, and what are the things that you could do without? This is the type of question that a realtor will likely ask when you begin shopping for a home. Know how many rooms you need and whether you’re looking for a detached single-family home, like 83% of shoppers in 2020 according to Rocket Mortgage, or another home style.

3. Consider Your Location

How far are you willing to travel for your commute? What type of school district do you need to be in? Location is just as important as the house itself.

4. Look For A Realtor

Your house hunt will be much simpler if you work with a realtor. Look online for recommendations in your area, or better yet, ask your friends for recommendations if they’ve been house hunting lately.

5. Know Who’s Buying

If you have a partner, the two of you may be being together. Conversely, only one of you may be the legal buyer. Know the ground rules before shopping.

6. Know Your Limits

This doesn’t just apply to your budget. Know what you really won’t be able to abide in a house, as well as what you will commit to, like renovations.

7. Improve Your Credit

Before you do any of this, make sure your credit is in the best possible shape. It will help you get a better loan offer, and make your life much easier.

Buying a home can be amazing, but it can also be stressful. The more you prepare, the less you’ll have to worry about.