inquisitive
Recycles dryer sheets
- Joined
- Apr 7, 2008
- Messages
- 223
I am moving to a new city and after much reading and thinking I've decided that it makes better financial sense to purchase instead of renting, since I will be building equity instead of losing rent payments, and in a few years I can recoup the extra money I would spend on a house by renting it out, selling it, or waiting for prices to get better and then sell it. Now seems like an ideal time to buy because of the terrible housing market. Plus I will be able to use the tax deductions from my mortgage payments and I'll have more space than renting.
My question is, should I try to get prequalified from a mortgage banker/broker here before I go to this new place looking for houses and when/how do I find a real estate agent? My timeline is:
I am off from 5/3/08-5/15/08 and 5/20-6/12, and I start my new employment on 6/13/08, so I'd like to be moved in somewhere by then.
I already booked tickets to fly there on May 6, I'll be there the 7th and 8th, and then flying back 8th night. I booked these tickets on a special when I thought I would be renting, so I figured 2 days would be enough to see places.
Anyone have any advice on how I should go about this? I am going to look at houses online on realtor.com and some other websites. Do I need to start making calls to these people? Should I read up about the local housing market and how? Thanks for any information.
My question is, should I try to get prequalified from a mortgage banker/broker here before I go to this new place looking for houses and when/how do I find a real estate agent? My timeline is:
I am off from 5/3/08-5/15/08 and 5/20-6/12, and I start my new employment on 6/13/08, so I'd like to be moved in somewhere by then.
I already booked tickets to fly there on May 6, I'll be there the 7th and 8th, and then flying back 8th night. I booked these tickets on a special when I thought I would be renting, so I figured 2 days would be enough to see places.
Anyone have any advice on how I should go about this? I am going to look at houses online on realtor.com and some other websites. Do I need to start making calls to these people? Should I read up about the local housing market and how? Thanks for any information.