Well, the answer is, take it in logical steps. Start with price. After all, we all have a budget, and housing is the single largest slice of the pie. Right?
Now call a mortgage lender. (If you don’t know one, I’ll provide you a referral.) Ask him/her to run your credit and do a financial analysis of your debt to income ratio…. critical to determining how much of a mortgage you qualify for.
Next, sit down with your spouse and make a list of your ‘must have’s’ in one column and ‘wants’ in another. Maybe 3 bedrooms are a ‘must have’, and a 4th bedroom or office is a ‘want’. Maybe a carport is a ‘must have’, but a garage is a ‘want’. Got it?
And by doing just having the conversation, you can set realistic expections… the first step to finding the right home for your family.