Step 3 of 10 to Successful Buying

Determine a Buying Strategy

 --About how long are you planning keep the home (a 5-year minimum is considered a good rule of thumb)?

--Are you willing to make long-term commitments to mortgage payments, taxes, insurance and the maintenance costs of home ownership?

--Are you willing to follow the home-buying steps in sequence (e.g. pre-approved for a mortgage before house hunting)?

Questions like these can help you to formulate a buying strategy that leads to sound buying decisions and good long-term planning.

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