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Tips For Buying Your First Home

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MADISON, Wis. - eTradeWire -- 1. Know Your Budget. Sit down and work out your budget. Look at all of your monthly expenses and remember that you'll want to continue to set aside savings for a rainy day. Once you see how much is left for a mortgage payment, give yourself some wiggle room.

2. Choose Where You Want to Live. If you're going to take the plunge as a first-time homebuyer, be strategic about your search. What area calls to you? A great price or a beautiful home will not be enough if you're unhappy with the location. Consider the school district if you have children and think about access to your favorite stores. Figure out if you want neighbors nearby or if you would prefer your own space. Perhaps most importantly, decide if you're comfortable with the quality of the surrounding area you're moving to. This will help you to trim down your list of potential homes.

3. Make A List Of Essentials. Take into consideration how many bedrooms you need, the number of bathrooms and if the home has a garage or parking structure. You may prefer a spacious backyard or not care about that at all. If you are going to have children, you'll need a house with enough room to accommodate an expanding family. If you don't find what you want, keep looking.

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4. Learn About Financing Options.  Do your homework. Your credit union may have an irresistible promotion. You could go the traditional route with a mortgage through your local bank or other mortgage brokers. You may also qualify for a variety of loan programs.  Look at the interest rate and whether or not the rate will be fixed.

The See Team is one of the premiere real estate teams in the greater Madison and Middleton Wisconsin area. We have over 60 years of combined experience in real estate, and we know the towns where you want to buy a new home or sell your home: Madison, Middleton, Verona, Sun Prairie, Waunakee, Fitchburg, Spring Green, Oregon, or any other place in South Central Wisconsin.

If you're looking for the perfect house, home, condo, town home or land for sale in the Madison / Middleton real estate area, we're your team. We also help clients locate commercial property to rent or own.

SEE the difference.

http://www.seemadisonrealty.com

Relocating to Madison - Middleton, Dane County:

http://www.seemadisonrealty.com/aboutmadison.html

Source: First Weber
Filed Under: Real Estate

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