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10 Steps to Buying a Home

10 Steps to Buying a Home

1. Start Researching Early

Start reading newspaper, magazines and visit websites that have real estate listings. Note of the type of construction, features, and style of the homes you are interested in and how long they are listed on the market. Also, take not of the fluctuation of asking prices. This will give you a good idea of the market trends in the area you are looking.

2. Determine How Much You Can Spend

Mortgage lenders recommend that home buyers look for homes that are priced no more than 3-5 times the households income, if they decide to make a 20% down payment and have a low to moderate amount of debt.

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© 2019 My Florida Regional Multiple Listing Service, Inc.. All rights reserved. The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional Multiple Listing Service, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.1/17/2019 2:13 PM CST