Determining Your Affordable Price Range

Before you start shopping make sure you can afford to buy a new home

This step is extremely important in order to avoid disappointment when you're ready to buy a home. It should be undertaken at your earliest opportunity, in order to create a comfort zone and save you potential embarrassment. There's nothing more heartbreaking than to spend several weeks shopping for a home, finding one you like, wrting an offer to purchase and then finding out you can't qualify for the mortgage. Noone wants to go through that! This is exactly why this step is so important.

In order to determine how much you can realistically afford to spend on your new home, you should arrange an interview with your favorite lending institution, or your Real Estate professional. They will guide you through the pre-qualifying process, in order to ensure you're not looking at property you can't afford or may be less than what your budget can handle. This can save you a lot of time and effort.

In the event you don't have a favorite lending institution, you realtor can suggest a number of them that he/she works with on a regular basis.

| Financing | Determine Your Affordable Price Range | Buyer Hidden Costs |
| Step-by-Step Buying Process | Introduction To Mortgages | Tips for buyers | Tips for Sellers |
| Choosing A Realtor | Current Properties For Sale |

Re/Max

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