tips for home buyers

So you’ve saved up some money and can’t wait to buy your new home. Before you line up your home visits though, it’s best to get prepared so you won’t run into trouble along the way. Tip #1: Go have a talk with your banker You will likely waste a lot of time if you start looking for a home, only to find out later that the homes you were looking at don’t fit in your budget. Yes, a banker will not get you a bank loan if you don’t have a purchase contract signed, but they can give you an idea of what budget you can expect. There are even handy online calculators such as this one, which let you figure out how much house you can afford. Knowing whether to sell your home first before looking for a new one, or buying the new one first before ditching the old one is always a popular topic of discussion. Your banker can help here as well. Tip #2: Figure out what you want There are many clients that start looking before they even know what they want. And granted, it’s not always easy to know exactly what you want. But you could start by [...]