Buying a home is one of the most important financial decisions you will ever make, and one that requires careful consideration and an understanding of the lengthy home buying process. By educating yourself and choosing qualified professionals to assist you, purchasing your new Oregon home can be a satisfying and financially rewarding experience.
Attend a home buyer training course: Often offered for free or little charge by your state or city government, and by local real estate professionals, these workshops cover topics including financial preparation, mortgages, finding the right home, closing the loan, insurance requirements and protecting your investment once the purchase has been made.
Determine what you can afford: An honest look at your finances will help you determine what size monthly payments you can comfortably afford. Utilize the tools you received in your training course or an online calculator to create a realistic monthly budget that will help you map out a plan for covering the various expenses of owning a home.
Find a qualified buyer