Tip #1 – Don’t Move Your Money Around Before Buying a Home
Keep all your money in one place for at least 6 months (proves to lender that you are reliable, have the income necessary to purchase & pay your mortgage off on a monthly basis)
Tip #2 – Get Pre-Approved For a Mortgage Loan
Get pre-approved for a mortgage loan; (more in-depth analysis of your credit score, job history, & finances to determine the exact amount you should be approved for)
Tip #3 – Don’t Try To Time the Market
Don’t wait another 30 days for prices to drop because there is no guarantee what prices will look like in the near future.
Tip #4 – Know the Home That You’re Searching For
After being pre-approved, you should do is to know the type of home that you’re searching for. Any unique features?
Tip #5 – Don’t Get Emotional About a Home
DON’T get emotional about a home because you could ultimately pay more than what it’s worth. (You want to make sure you offer what the home is worth)