“Number one, talk to a bank to see how much
you know you can afford. If you can get
approved for a loan of $150,000, there’s no sense at looking at a $225,000
house. It’s not going to happen. To make it easier on yourself, and try to
keep the headaches of home-buying, the hassle, and the stress level down, talk
to the bank and see how much you can afford.
Let your real estate agent know that.
Give them a ballpark of what you want to spend and what type of house you
you’re looking into buying a house now, Joseph says to act while interest rates
are still very low. They are also beginning to rise slightly.