Orient yourself by saving 10% of every paycheck for a house before you start the buying process.
A budget based on income and savings will be your anchor. If possible, pay all cash for real estate.
If you can’t pay cash, find a lender to approve a loan. A 15-year mortgage is more responsible than a 30-year.
Hire someone you can trust and who understands your financial limits.
Finally, the fun part! Stay under budget to leave room for closing costs, repairs, etc.
Keep in mind, your down payment should be at least 20% of the cost of the home.
You don’t want to purchase a treasure that turns out to be cursed!
Protecting your new treasure may cost a pretty penny, but it could save a fortune down the road.