My New Blog

The first step would be to calculate your price range.You should have about  20 percent  for a down payment on a conventional loan or 3.5% for an fha loan.Next step will be  to contact a mortgage lender and get prequalified for a mortgage loan.Doing this helps you to know how much  home you qualify for and what options you have available regarding rates ,length of loan ,and type of loan. When you're ready to make an offer on a home ,your prequalication letter will show the seller  that your serious on your intent to buy the home they're selling .

You've calculated your price range,and prequalified with a lender,now you can   move the next step. Deciding where you would like to live and what kind of home you want to own.What type of home would work best for you? A single family townhouse,condo, co-op,or something else?Where do you want to live?Do you prefer the city or the suburbs? Are you relocating to a new job?Do you need to be within a certain school district ?Do you like to commute to work or would you like to work near home?You should make a list of everything you need and another list of everthing you want.I highly recommend you begin with the list of what you need ,because once you have what you need then you can work on what you want.

 Now you're ready to proceed with actually going out and looking at homes that are on the market.I recommend you find a good realtor, someone who knows the local market and can answer all your questions.Of course this is still only the beginning stages,there's still much to be done, like negotiating the deal ,going into contract and everything else in between here and  the closing. Happy home hunting!!!!

You can go to www.SearchHudsonMLS.com for a full list of available homes in Hudson County.