Steps a Buyer Should Take When Preparing to Purchase a Home

Buying a home is one of life’s biggest adventures—exciting, a little daunting, and full of possibility. Whether you’re a first-timer or a seasoned mover, taking the right steps before you start shopping can make the journey smoother and more rewarding. Here’s how to set yourself up for success:

1. Assess Your Financial Readiness

Before you dive into listings or fall in love with a dream kitchen, take an honest look at your finances. Do you have a stable income? Are you carrying manageable debt? Understanding your financial health helps determine if now is the right time to buy and what you can realistically afford.

2. Check Your Credit and Set a Budget

Your credit score plays a big role in the homebuying process. Pull your credit report, fix any errors, and pay down outstanding debts if possible. Next, set a realistic budget—not just for the purchase price, but also for closing costs, moving expenses, and the ongoing costs of homeownership.

3. Get Pre-Approved for a Mortgage

Getting pre-approved isn’t just a box to check it shows sellers you’re serious and gives you a clear price range to shop within. Shop around for lenders to find the best rates and terms. This step can also highlight any financial issues you might need to address before making an offer.

4. Research Neighborhoods and Home Types

Location matters! Think about your lifestyle, commute, school districts, and amenities that are important to you. Explore different neighborhoods, visit at different times of day, and consider what type of home fits your needs single-family, condo, townhouse, or something else.

5. Partner with a Real Estate Agent

A good real estate agent is your guide, negotiator, and advocate. They’ll help you navigate listings, schedule showings, and understand market trends. Choose someone who listens to your needs and knows your target area well.

6. Make a Wish List and Start Your Search

List your must-haves and nice-to-haves: number of bedrooms, outdoor space, updated kitchen, proximity to work, and so on. Share this with your agent and start touring homes. Stay open-minded—sometimes the perfect home looks different than you first imagined!

Taking these steps before you start house hunting can help you feel confident, prepared, and ready to find your next home sweet home.