REman7
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I'm looking to buy a house and I need to know what ...

I'm looking to buy a house and I need to know what things I should look out for when shopping around.  Does anyone have any tips?


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1. Don't buy if you can't stay put

2. Start by shoring up your credit

3. Aim for a home you can really afford

4. Don't worry if you can't put down the usual 20 percent

5. Buy in a district with good schools

6. Get professional help

7. Choose carefully between points and rate

8. Before house hunting, get pre-approved

9. Do your homework before bidding

10. Hire a home inspector

 

Sources :

cnn.com

real estate property
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First of all, you must ensure that you have a fixed rate mortgage. Watch out for unscrupulous lenders out there who offers "low" mortgage schemes. Chances are they won't tell you everything you need to know. You might be surprised when your rates shoot up after a perriod of time. To be sure, go for fixed-rate mortgages

 

Source: http://www.mortgages-for-everyone.com/news/how-to-identify-risky-mortgages/
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reese
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This is a short walkthrough for the first time home buyers that might consider:

http://homeloancalculators.blogspot.com/2008/07/tips-for-first-time-home-buyers.html
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