I am really thinking about buying a home within the next 5 years or so. I am hoping to be in a place where I can buy a home and right now I’m taking some steps to do this. One I have opened a savings account and am hoping to be able to add a little money here and there to it so I can save money for a down payment. I’ve also been looking at helpful websites like Aurora loans to get advice and ideas on how to save and get that home I want.

Another thing I am doing is looking at and following the housing markets in areas I would like to live in. It’s always good to know what areas are increasing in growth and what areas are declining over time. Maybe an area with good school a few years ago, doesn’t have great schools now. Maybe the value of the homes in your perfect neighborhood went from increasing in value to decreasing due to homes going into foreclosure. Maybe you want that foreclosed home to make a profit down the road and you can get approved for a great mortgage just for that type of home.

For me I would love to buy homes I need to fix up, but at the same time home in a good area is a big need for me to as I would be living by myself. For me though my perfect home would still need a little work, would have at least three bedrooms and a nice yard for a flower and vegetable garden. I think the reason I have decided to start saving now is that I’m in an apartment and I can’t have a garden. I love to garden!

What about you? Are you looking for a home or did you just buy one. Share your experience.

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