Jim Neighbor
LIC # 47793
Office: 800-555-2790
4339 Main Street
Portland, OR 97203

Mortgage Calculator

View Amortization Table

1. Decide to buy.

This might seem like an obvious step in buying a home. But there are two (and often more) things to consider before purchasing a home. Why are you buying a home? This should be a question that you can answer without hesitation. If there are doubts, or you have not given much thought to buying a home, you might not be prepared for the significant amount of time and money that go into such an endeavor.

The second major consideration is that of financial capabilities. Can you afford to make this investment? While owning a home is a wonderful thing, all too often individuals make careless financial decisions that result in years of debt and financial inconvenience.




2.What is the most you are able to invest?


Knowing the limit to your financial capabilities is crucial to finding a home. Without a price range to work with, no realtor will be able to find a home for you. And without the buyer knowing their own finances, they will not be able to make the best decisions for themselves or their families.




3. What kind of a home would you like?


Do not approach buying a home with the thought process of: “I’ll know it when I see it.” This path leads only to impulse buying, and a good realtor will prevent you from making such a monumental mistake. Being interested in a home and finding the home that suits your needs and desires can be two very different things. An individual or a couple should know what kind of a home they want, before they even contact a realtor. Location, size, build, style, and price: These are the considerations and bits of information that should already be in the mind of the potential buyer. You wouldn’t go shopping for clothes without knowing your sizes, would you? So don’t go looking for a home without know what you want.




4. Find the home you want!


At this point in the process, you (the potential buyer) are prepared to make alterations to the well-constructed approach you have had in your journey of becoming homeowners. Since the process up until this point has been thoroughly clear, you can afford to change some of your previous decisions. Perhaps you can afford a slightly more expensive home. Or you might have decided that location and size are more important than style. Regardless, you now can objectively approach each home with a clear head, with the knowledge that you know what you want in a purchase.