Before You Buy Checklist

Here are ten things to do before buying a home:

1. Determine how much you can afford and how a purchase impacts your cash flow

2. Understand the pros and cons of home ownership

3. Review your credit and eliminate or reduce debt

4. Create a plan to save and invest for your home

5. Determine how much the real estate taxes will be

6. Shop for mortgages and understand the pros and cons of different types

7. Choose a home inspector

8. Get homeowners insurance

9. Prepare for costs at closing

10. Develop a strategy for saving for taxes and home repairs