• Know your budget. A pre-qualification process will give you an informed opinion on what you can afford.
• Gather information on the true cost of home ownership - taxes, insurance, closing costs, and upkeep.
• Pre-approval is based on the documentation and verified information you supply concerning your income, employment and cash flow. This process is a sign of your intent to the seller and proves you are credit worthy.
• Know your neighborhoods and decide where you want to live. Is it important to be close to your job or services such as restaurants and entertainment? Or would you rather live in a more secluded area? Talk to your potential neighbors and visit the area during different times of the day.
• Decide what kind of house would work best for you. Will you be more comfortable in a colonial 2 story or a condominium? What are the important elements in a home - a big back yard, a large kitchen and dining area for entertaining, a garage? Keep a list and make sure your Real Estate professional knows what you want!
• If your search includes new homes, choose a reputable builder and make sure you have in writing the cost of the 'bare bones' plus an itemized list of any upgrades. And know that a new house may cost a bit more than one that is pre-existing. (Tip: Check on any hidden operating costs such as homeowners' association fees and CDD's.)

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