How to Choose a Neighbourhood 5 steps to finding a place where you belong
STEP 5 -- Close the Case
You've chosen your neighbourhood. Now for the hard part: finding a house you love. Luckily, you've narrowed it down to a few streets. Now, make sure to:
· Find out how much house you can afford. The amount of money a lender offers you is often more than you can truly afford to pay. Use use our handy mortgage calculator to add all your current debts and see how much you can afford. You don't want to be stuck eating ramen noodles for the next 15 to 30 years.
· Compare your loan options. Ask yourself these basic questions to find out what mortgage is right for you. Decide between fixed and adjustable rate mortgages.
· Draw up your vision of home. It worked for your neighbourhood -- now think about what you want in a home. Write your own vision of home and stick to it while you're house hunting.
· Find the perfect house! Search for homes by neighbourhood.
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