Related: "Fathers Finance Real Estate"
Here's the bottom line: the most important thing for a buyer is to know exactly what they want. Buyers need to have a good handle on their ideal price range, must-haves and narrow down the geography to now more than three neighborhoods. This will better position buyers to secure a homeright down to the day it hits the market. At the risk of sounding like a broken record, pre-approval is key. Know what you've got in the bank and whether your savings will be enough. Set price alerts on well known house hunting sites and nail down an experienced realtor who is well-connected and can get a jump on new-to-market listings or potential listings for you. Know the lifestyle you want and what it will cost to make it happen. Set aside reserves for the usual home repairs that accompany daily wear and tear and reduce your stress level by knowing you have some security in the bank. While most of these reminders might seem a bit "old school", financial preparation is imperative when it comes to securing your new home. Sit down with an experienced realtor who will guide you through the process smoothly and will help you to determine your affordability factor.