Get pre-approved! Being pre-approved gives you buying
power because when your offer is submitted, the seller knows
you already qualify to buy their home. This also gives you an
idea of what you can afford. These things save everybody time
and effort by not wasting time on homes out of your price range.
Don't move money around! It is critical to keep your
spending to a minimum during the home buying process. Big deposit/withdrawals
should be avoided for approximately 3 to 6 months before buying
a home. Lenders will look deep into your finances. A change
in your credit score, big purchases or deposits without a known
source will throw red flags for the lender and can cause problems
for you while trying to get a loan.
Make a list! Make a list seperating your wants and needs,
perhaps make a check list. This will help you look logicly and
not emotionally at a home to decide where it meets all your
Know what you can change! Know what things you can change
(e.g. paint color, flooring or landscaping) and know what you
cannot change (e.g. the view or location of the home). Don't
discard a house just because you don't like the colors or the
capret is dirty and don't choose a house because it has the
best colors or is just clean.