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Step 4: Go Home Hunting!

Now that you have a better idea of the price range you can afford, you can start to look around for what will be you future property. But always keep in mind that you need to be very critical when deciding on a property for your future home. This is going to be the place where you live for at least the next few years, and possibly the rest of your life!

Here are some tips:

* Consider the advice of a real estate agent. A good agent will help you decide exactly what you want in a home, what is essential and what is less important, what are your likes and dislikes, and how you can save hours of fruitless searching. Agents are the first to know when new homes come on the market and can advise you throughout the home-buying process.

* When visiting a property, make sure the most expensive things to repair or renovate such as structure, plumbing, wiring, and heating and cooling system are all in good condition.

* Think about how the home suits your needs. Consider every aspect of the home such as number of bedrooms / bathrooms, kitchen space, parking, front / backyard, etc. Evaluate what you would like to have against what you really need in your property.

* Always ask for an estimate about utility and maintenance costs. Such costs can be crucial when preparing your monthly budget.

* Get acquainted with the area. Think about whether the neighborhood fulfills your needs, taking into account such things as schools and shopping. Consider what the average commuting time and costs are. Ask about security concerns in the area.

* If possible, bring a spouse, family member, or friend along in your house-hunting expeditions. Wear comfortable clothes for the occasion.

* Take pictures inside and outside the property.

* Do not make a quick decision on the property. Visit as many potential properties as possible. Inquire about the value of other homes in the area you are visiting, and note whether there are significant variations or not.

* The most important factor: Do you like how the home feels? Do you feel comfortable in the property?