| Things to know: | | | | There are many sites that you can browse that can |
| 1. Check your financial status: can you afford a new | | | | give you ideas of what you should be looking for. |
| home at a recession period? Do you have an | | | | The price range of what you are looking for as well |
| emergency fund you can count on for at least six | | | | as the location you may be looking for. Sometimes |
| months? Are you sure you have a steady job as well | | | | you stumble on prices of good homes you don't |
| as a stable job? Do you have enough money for the | | | | even expect to find. If you are diligent enough you |
| down payment? | | | | will be surprised at the wealth of information you can |
| 2. Get a credible and well informed estate broker | | | | get online. |
| that could give you information about the best | | | | Be specific about the time frame: |
| mortgage lenders. Do a proper research on few of | | | | Do not let your estate broker to indulge in an undue |
| them and establish a relation with at least two of | | | | search. Give him a time frame to work on and insist |
| them. This might involve opening account with the | | | | on getting result within that time. There is no reason |
| two. This would aid you at the time you want to buy | | | | why you should search for a home than a month. So |
| your home. | | | | search for an agent that can work within your time |
| 3. Know what you need to do for your banker to | | | | frame. |
| give you a letter of pre-qualification. Pre-qualification is | | | | Have a detailed list of what you want before |
| finding out from your lender what you require to get | | | | embarking on home search. Most times going with a |
| a loan to finance your home after disclosing your | | | | written list can help you a long way in deciding on |
| income pattern and your assets. With this information | | | | time. This is because while you check out new |
| your mortgage lender will give you an estimate of | | | | homes you can tick qualities you wanted in that |
| what the institution can lend you. | | | | home that correspond with the one you have in the |
| 4. You can also find out what qualifies you for a low | | | | list. Afterward rate each house in percentage to find |
| down payment or no payment at all [as in the case | | | | out if you are getting close to your desired goal for a |
| of veterans] and adhere to those rules. | | | | home. Sometimes you might go with digital camera. |
| Having done this you can then proceed to take | | | | Remember the decision to choose is yours alone to |
| these steps to search for a home. | | | | make, so make the wise one you can live with for a |
| Start by browsing the internet: | | | | long time. |