It’s important to identify what you are able to afford when it comes to a home and what sum a lender is willing to loan based on key factors such as income, debt, expenses etc. Your advisor can help you work within that budget and take into account other considerations as it relates to the property you seek.

Create a list of features and attributes that are essential for both you and anyone you are buying the home with. This list should include priority items such as the number of bedrooms and bathrooms, proximity to work or school, and specific neighborhood preferences. For instance, you might prioritize a large kitchen, a spacious backyard, or access to quality public transportation. In addition to your must-haves, compile a list of non-negotiables—those features or conditions that you absolutely cannot compromise on. These might include budget constraints, a certain school district, or accessibility features for elderly family members. Having these lists in hand when you view potential homes will help you stay focused and avoid being swayed by properties that don't meet your critical criteria. This method helps ensure that you don't overlook any important factors during the excitement of home tours, because we understand that this is an exciting time.