ERA Premier Realty Partners
cell # 270-792-3140
Who knows what will be available?
Who knows what the loans and interest rates will be like?
Who know where unemployment will be?
What you can do, is concentrate on YOU!
You cannot be too thin or too rich:
Get as much in Savings as you can.
Focus on getting your Credit Score above 800; the higher you go, the lower will be your Interest Rate.
As far as neighborhoods; go Garage Saleing Saturdays and look for things you like.
Good luck and may God bless
It would not hurt to pick a real estate agent you are comfortable with now and start to work with him/her . Make sure you let them know your timeline and that you're on a slow, steady pace. Ask for a recommendation of a good loan officer and start working with the one you select to get pre-approved. Your loan officer will give you a good timeline for doing that (you probably don't want to do it too early because things can change and you'll have to start all over again). Your real estate agent can set you up with a MLS search that will show you the types of houses you are looking for and the computer will send you options to review. That will help you narrow your search and identify what you really want in a home. Starting this far out is a good strategy. Best of luck in your home search...
I would start physically looking at homes about this time next year. I would highly recommend choosing an agent to represent you in your purchase. This doesn't cost you anything and you'll end up finding it a much easier and more enjoyable process. Also when you do find the right home, you have someone representing only you and not the seller also. You would also need to get pre approved through a local lender. If you don't have anyone in mind, your realtor can help you with that also. In the mean time look online and figure out what your must haves are. It should be an enjoyable and fun process. If you have any further questions I'd be happy to help.
Gary Wantland firstname.lastname@example.org