Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

We would like to buy a home this summer but we don't even know where to start...Any advise?

Answer Question
 
Anonymous

Asked by Anonymous at 2:11 AM on Apr. 12, 2010 in Home & Garden

Answers (4)
  • canada!!!! lol
    alexis_06

    Answer by alexis_06 at 2:20 AM on Apr. 12, 2010

  • Read information regarding home buyers on Dave Ramsey's site. Use mortgage calculators to make sure you can comfortably afford it. Get pre-approved. Remember a house is just a house. You don't need the biggest or nicest house on the block. You want the smallest mortgage payment on the block:)
    We bought too much of a house last October. I love the house, but feel like $2.200.00 is a huge mortgage considering we live in a low cost living area. We can afford it, but have to make some sacrifices. If we stay here this will be what we pay every month for the next 30 years!! Ugh!
    Hopefully I answered your question???
    Anonymous

    Answer by Anonymous at 2:35 AM on Apr. 12, 2010

  • Start with the bank and get pre approved.
    Buy WAY under your means/what the bank tells you you can afford.
    Do the math. You don't want to live to pay for your mortgage.
    Your first home will probably be your first/starter home.
    My area has a free publication that you can pick up at the grocery stores and what not. It shows you what is for sale.
    Or you can do internet searches. If you see something you like and can afford, go look at them :)
    Or you can hire a realator to do the leg work for you and show you homes you can afford.
    Good luck!
    mrsderekjeter

    Answer by mrsderekjeter at 1:25 PM on Apr. 12, 2010

  • Get a pre-approval letter. Then decide on the location and price range you would like to buy a home in. Once you have made those reasonable choices. Check the market and see what Fair Market Value is for homes. My other suggestion. Get with a Real Estate agent. They can often direct you to homes that are in pre-foreclosure, foreclosure, bank owned or short sale. Your best bet for your money is right there. Tho sometimes you might have to sacrifice specific location. You will be able to get a home you might not be able to afford otherwise. Once you have a real estate agent. They will be able to help you take the steps needed to make and offer and buy a home.
    If you dont have an agent, but you have found a great home. Talk to the selling agent. Sometimes they are so eager to sell, that they will drop their percentage, in order to get the seller to agree to taking a lower offer.
    Good Luck!
    Hottiehp21

    Answer by Hottiehp21 at 8:42 PM on Apr. 12, 2010

Join CafeMom now to contribute your answer and become part of our community. It's free and takes just a minute.
close Join now to connect to
other members!
Connect with Facebook or Sign Up Using Email

Already Joined? LOG IN