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guide
to buying
Why Should I Buy?
How Much Can I
Afford? PreApprovals Types Of Loans
Shopping For A
Home Finding A
Realtor Negotiating Closing The Deal
Shopping for a
home
What are your home needs? Is a
new home with new appliances and wall-to-wall carpeting more
important than, say, an older home that is smaller but possesses
character? Or perhaps a multi-family home is desirable as a
source of rental income.
You may be considering buying a
condominium or cooperative. Cooperatives sell you shares in a
corporation, granting you a proprietary lease to occupy a unit.
Condominiums allow you to buy the unit outright. In many cases,
a co-op or condo board of directors okays your purchase. Co-ops
and condos charge monthly fees to pay for shared costs such as
the mortgage for the land the property sits on, or for the
maintenance and operating costs associated with the property.
Similar to conducting a
neighborhood search, consider creating an attribute checklist to
identify those home features you deem most important. Here's an
attribute checklist, arranged arbitrarily, for a detached,
single-family home:
Click
to continue
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