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If you're embarking on the exciting process of searching for your first home, you may be feeling a bit overwhelmed. After all, from choosing the right location to securing the necessary financing, there are many important details to tackle. These details can often cloud your judgment when looking at prospective homes to buy. However, in order to be happy in your new home for years to come, you must choose a property that embodies what's most important to you. The U.S. Department of Housing and Urban Development (HUD) recommends answering the following questions as a guide to selecting your first home: 1. What part of town/neighborhood do you want to live in? 2. What price range would you consider? Establish the maximum price you'd consider. 3. Are schools a factor and, if so, what do you need to take into consideration (i.e., the school system's ranking, whether the kids can walk to school, etc.)? 4. Do you want an older home or a newer home (less than five years old)? 5. What kind of...
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