Some good information below. I would like to re-visit your question from your perspective.
1. How would you feel if you fell in love with a home only to find out it is out of your reach financially?
2. Do you have the time to be led on a "wild goose chase" viewing homes that are either well below or well above your purchasing power?
3. If you fall in love with a home in the $1.0 million dollar price range and find out that you can only afford $500,000, will any home at the lower price ever make you as happy as the home at the higher price?
4. When you have made any major purchase in your life time (car, engagement ring, audio system, etc), did you set your expectations of what you wanted, then look at your finances, then shop around to get the best deal for the best price?
Buying a home is a major purchase, a major decision, and for many, a very emotional experience. Knowing what you are jumping into, before jumping, can make the experience much more joyful and fulfilling.
Now, regarding the agent you spoke with, obviously this person has a different communication style than you do. Do you want to spend the next few months of your life, sharing your major decisions, hopes and wishes with someone who, it appears, speaks a language that is foreign to you? Better to find out early that they may not be the best fit for you. What they might have been saying, although not in a language that was clear to you or to many of those who answered below is: (1) Find out how much you can afford. (2) Think about what you want in a house. (3) Communicate this clearly with the professionals who make up your Team (who will be helping you find and negotiate a great deal on your new home). (4) Then with everyone on the same page, lets get out there and find a home that fits your needs, your lifestyle and your pocket book. (5) And lastly, lets negotiate a great deal on this great home and make sure that you have a great loan to finance it.
If that sounds like what you want to do, feel free to contact me. Working together, we can make your goal of home ownership a reality. Dare to Dream.
Real Estate Consultant
RE/MAX Palos Verdes Realty.