Buying a home can be an overwhelming process.
Here are some steps to take to get yourself organized and focused on the task at hand.
1.Gather your financials-
Request your credit report from Equifax, Experian, and TransUnion. Make sure that it is accurate and there aren't any errors. Next, compile all of the documents you may need to present to a loan officer: pay stubs, bank statements, and previous years' tax returns.
There are many online tools and sites that allow you to comparison shop from the comfort of your own home. You will be able to look at a diverse group of reputable lenders in all 50 states, ranging from small providers to larger well-known companies. You can also read lender reviews and ratings that may help you determine which lender is right for you. You will be able to receive a personalized quote and also find out if you qualify for a special loan such as a VA loan or any special home buying financing options.
Investigate various areas you think you would like to live. Take in to considerations all of your needs-commute time, school districts, near by shopping, etc. Consider checking out bordering neighborhoods for additional options.
4.Make a List-
When you start to look at so many homes it can be hard to stay focused on what you really need and what you can really afford. Take some time to write a "must-have" list. You can than add options that would be nice to have also. Knowing what you need in your home with help you and your agent narrow the search and help to navigate the home buying process easier.
5.Find an Agent-
This is one of the most important steps of the process. Ask friends and family for recommendations. Research agents online. Be sure to read their ratings, profiles and reviews. In the end you want to pick and agent that specializes in the type of house and area that you are looking to buy in.
6. Start House Hunting-
You ready to take the next step to finding your dream home!