Calculate your expenses and how much you spend each month on bills, home maintenance and other miscellaneous expenses on your Stephenville home.
Tip #2: Create a wish list.
The first step is to figure out a budget and once you have a budget, you can then come up with what you want in a home. Creating a realistic wish list of some of the amenities you want in your home will help keep you focused and organized when it comes times to shop around.
Tip #3: Get pre-approved for a mortgage.
The first step in getting pre-approved for a mortgage is to find a lender in the form of mortgage brokers, regional banks and local lenders. Make sure to compare and shop around in order to find the best lender for your particular situation.
Tip #4: Inspect your home.
Find a qualified home inspector in order to thoroughly check your home. If you do not have an inspector at your disposal, consult family or friends who may have a referral available. Having an in-depth inspection of your home will save you money in the long run.
Tip #5: Take into account all costs of owning a home.
The expense of owning a home does not end at mortgage payments. Many homeowners do not take into account homeowners insurance, taxes, homeowner’s association fees and any other maintenance issues that may come up.
Tip #6: Scope out the neighborhood.
Before choosing a location, speak to the neighbors and drive around the area. Make a practice trip during rush hour to test the commute and take into account the businesses around the area.
If you’d like to know more about homes and properties in the Stephenville area, please contact us. We’d be happy to share information on some wonderful Stephenville-area real estate opportunities.