Checklist For Buying a Home

Purchasing a home is the largest investment you'll probably ever make in your life. It's crucial that you have all of the necessary paperwork and foreknowledge to get you through the process just a little bit easier.

<b>Be an Informed Buyer-</b>
Check out the area you're looking to buy, compare real estate value and average home sales. Drive around to get a feel for the neighborhood, schools, parks and amenities. After all, you'll be living here for a while and need to know it's convenient for you and your family.

<b>Understand the Mortgage Process-</b>
Applying for a mortgage is a long and oftentimes grueling process. You'll need pay stubs, tax forms, investment documents and bank account balances just to apply. You also need a relatively good credit score to be approved, so be sure the person signing for the mortgage has a good or excellent score to improve your chances of approval. Remember it could take weeks to be approved.

<b>Work with a Realtor-</b>
Realtors will help you find a great home at the price you can afford. Realtors are also responsible for disclosing all information on a property, both the good and the bad. This can be advantageous when making your final decision.

<b>Don't Be Quick to Buy-</b>
Slow and steady always wins the race, and this goes with buying a home, too. Take your time, compare properties and don't be afraid to wait to find the perfect one. The worst thing you can do is jump on a home that you later regret buying.

<b>Know Your Budget-</b>
You need to know how much you can afford before getting locked into a mortgage agreement. Take into consideration things that could potentially happen in the future, like the birth of children or the loss of a job. Mortgages are not always easy, but they should always be feasibly affordable.