(TNS)—Here’s a secret for first-time homebuyers: No two homebuying experiences are the same. Even with a Zillow sneak peak, a shopper never really knows what homes will look like until they see them in person or what snags they’ll encounter once mortgage lenders and home inspectors get involved.
For some people, it’s the unpredictability of the experience that makes it most exciting. Others prefer to go in armed with as much knowledge as possible. If you fall in the second camp, and you’ve been eyeing open houses, this nine-step guide can help you prepare for your first time buying a house.
Figure Out If Buying is a Good Idea
Some first-time homebuyers don’t know that homeownership isn’t right for everyone. There are several scenarios in which renting might be a better option, according to financial planner Katie Brewer, such as the following: