The first step that anyone interested in buying property must take is to determine how you will pay for the property and how much you can comfortably afford for a monthly payment once you own it.
Assuming you are not planning on paying cash for a home then you will need to sit down with a mortgage lender and get pre-qualified. When you speak with a lender they will check on your credit score, ask you questions about your income and assets (how much cash you have available at present) and on your debts (car loans, credit card balances, student loans etc) Based on this information they will advise you as to whether you can get a mortgage, if you can what type and the terms, how much you could afford and what the approximate monthly payments would be. Not a lenders are equal, and there are those who might try to take advantage of you, I would suggest looking for referrals from people you know or you could speak with a local Realtor and ask them to suggest a couple of Lenders they know are good, or send me an email or give me a call and Iâ€™ll give you a few names and numbers.
The next step is to find a good local Realtor who works in your area and has experience behind them. Again speak to people you know for references, or again you could give me a call. I donâ€™t work in your area, but know a few agents I could refer you to who do.
I wish you the best of luck.