How will I know what I can afford?
There is a very simple and important answer to this question: get pre-approved. It is pertinent that all potential homebuyers get a pre-approval from a qualified lender before even beginning their home search. Your pre-approval will let you know your maximum purchase price and if there are any issues with your credit or otherwise that may stop you from being qualified for a mortgage. You really don’t want to find the home of your dreams and then be turned down by lenders.
Should I sell my current home before buying another?
The answer to this is yes and also no. There are definite pros and cons to either approach. On the one hand, if you sell your home first, you are able to buy a new home without the…