WHAT ARE THE NECESSARY STEPS TO BUYING A HOME?
It is not an easy task to buy a house. However, these 10 steps will help you manage the process and make the best buying decisions. Find a Myrtle Beach Real Estate agent to help you through the home buying process. Step 1: Get started early with your research Start reading real estate listings as soon as possible. Keep track of the homes that you are most interested in, and how long they remain on the market. Note any price changes. This will allow you to get a feel for the housing trends in particular areas. Step 2: Find out how much you can afford Lenders recommend that home buyers look for properties that are three to five times their annual income. This is if they plan to pay a 20% down payment and have moderate amounts of debt. This decision should be made based on your financial situation. Step 3: Get pre-qualified and pre-approved Before you begin looking for a house, you need to determine how much money you are willing to spend. Prequalifying for a mortgage is the best way to...