Are you ready to make the jump from renting to owning? Congrats! While there is definitely excitement in the air, it can also be a bit of a stressful time. In order to make this process as smooth as possible, it is good to arm yourself with a few facts ahead of starting the home search.
- Determine your budget: While this may seem self explanatory, going the extra step of calculating your estimated mortgage payment and understanding your down payment can make a huge difference. Plus, you will want to take in mind any costs you may incur such as moving, purchasing appliances or furnishing your new home. Also remember that while online calculators can give you a ballpark estimate, meeting with a lender is always a safer bet and can earn you that helpful