A4HB Homebuyer's Blog

2.2.2 Tackle the Trade-off Decisions

Tackle the Trade-off Decisions Gathering Critical Information When you get serious about buying a home, you’ll tackle a series of trade-off decisions. They are often difficult, and sometimes agonizing. You’ll sort them out as you gather information from three areas of concern. Loan types and amounts you will qualify for. How much you can afford, what you are willing to spend, and the type of home you would like to buy. What types of housing are actually available, where they are located, and at what price? Bringing the Options into Focus First-time home buyers often experience some speed bumps in

Read More »
November 9, 2017 No Comments

2.2.1 Locating Yourself in the Market

Locating Yourself in the Market Whether it takes you two days or two years to find a home, the search process involves two stages. The first step of the home search is locating yourself in the market. Once you’ve done that, then you can begin the focused home search. The location stage requires some significant soul searching and sometimes a reality check. Where Is My New Home? Often, the primary issue involved in “locating yourself in the market” is deciding on the physical location of the home. Even if there are no financial restraints, there will be questions regarding commuting

Read More »
November 9, 2017 No Comments

2.1.2 Meet with Lenders and Real Estate Agents

Meet with Lenders and Real Estate Agents Interview Professionals To start the home buying process, meet with lenders and real estate agents. At a minimum, you’ll gain an understanding of the process and your available options. If, in the end, you decide that you prefer working on your own, at least you will have picked up some useful information. There are great resources available to you at little or no cost. Use them. Meet with a Lender During a one hour meeting with a loan officer, you should be able to find out how much you can borrow. A lender

Read More »
November 9, 2017 No Comments