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Now is a great time to consider buying a home. Whether you're relocating, purchasing a vacation house or looking to become a homeowner for the first time, there are certain things you need to do before you even begin to look for a new home. Doing your homework before plunging into the house hunt can save you valuable time and energy. Before you begin looking at homes, determine what you can afford to spend. "This may seem obvious," says Michael Litzner, Broker of Century 21 American Homes, "but it's a step that can lead to disaster if overlooked, causing you to waste time with homes you can't afford, or sparking arguments with family members about what your budget looks like." Before you begin looking, sit down with all parties involved and set a realistic price range, including the amount of money you can afford to put down. Once your budget is determined, make a list of what you're looking for. What type of neighborhood do you have in mind? Do you want to be able to walk into town,...
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