Create a budget. You need to know where your money goes, where
you can save, and how much you can afford to spend on your mortgage installment
Check your credit rating and correct any errors in it. A good rating
can help you get a mortgage loan; a spotty one may end up paying a higher
Assemble the documents youll need to get a mortgage.
Pre-qualify for a mortgage to find out how much you can borrow.
Make a list of what you need in your new home: number of bedrooms,
eat-in kitchen, family room, garage, central heating and/or air, etc.
Identify a neighborhood or two to focus on. Remember to consider
price, character, schools, and proximity to work, daycare, recreation
facilities, public transit, etc.
Find a real estate agent who is familiar with the neighborhoods
you have chosen.
View houses with your agent so that he or she can get a better
handle on your needs and preferences.
Narrow your search to a few homes you can afford and like enough
to make an offer to purchase.