Financial Web
> A Structured Prepayment System that Works
> Selling your Home via Auction
> Selling Your Home? Don't Neglect the Yard
> Understanding Assumptions
> Discussing Mortgage Delinquency
> Know Your Home's Worth
> FSBO Selling Tips
> Prep Your Home for Sale
> Balloon Mortgages
> Interest-Only Mortgages
> Mortgage Forgiveness Debt Relief Act of 2007
> Pre-Qualifying and Pre-Approval
> Tips to Increase your Home's Value
> Advertise your Home Thoroughly
> Tips to get the Best Mortgage Rate
> To FSBO, or Not to FSBO?
> Negotiating your Home's Selling Price
> Mortgage Payment Problems?
> Help for Delinquent Borrowers
> Selling the Property Yourself
> Hiring a Realtor to Sell your Home
> Shopping for a New Home? Create a Wish List!
> Home Sellers and Buyers: Tips for Both
> Money-Saving Kitchen Remodeling to Upgrade your Home
> Is Manufactured Housing for You?
> Upgrade your Home with Landscaping
> Buy or Build?
> Staging can make the Difference
> Home Warranties
> Take Advantage of Online Marketing to Sell your Home
> Short-Term Mortgages
> Negotiating your current Mortgage
> Adjustable Rate Mortgages (ARMs)
> All about Prepayment
> An Examination of Discount Points
> A few Home-Buying Fast Facts
> A Mortgage Primer
> Buydowns and Rate Locks
> Buying a Home as a Long-Term Investment
> Buying a Home? Don't Forget the Insurance
> Blended Rates
> Choosing the Right Lender
> Conventional Loan Disclosures
> Conventional Loans: Pros and Cons
> Closing Expenses
> Common ARM Indexes
> Don't be Victimized by Mortgage Scams
> Evaluating the Housing Bubble
> For First-Time Home Buyers: First Things First
> FHA and VA Loans
> Foreclosure
> Financing Your Home Renovation
> Forestalling the Foreclosure
> Fixed Rate or ARM?
> Glossary of Mortgage Loan Terms
> How to Save BIG Money on Your Mortgage
> Home Equity Lines of Credit (HELOCs)
> Home Equity Conversion Mortgage (HECM)
> HUD Foreclosure Homes
> Home-Buying Offer Strategies
> Interest-Only Loans: Good or Bad?
> More FHA Loan Programs
> Making Your Offer
> Mortgage Loan Underwriting
> Need a Mortgage but have Bad Credit?
> Negotiating with the Seller
> PMI - Do You Need It?
> Pros and Cons of FHA Loans
> Pros and Cons of Prepaying
> Paying off Your Mortgage Early
> Rent vs. Buy: How Should I Live?
> Reverse Mortgages
> Real Estate Financing Instruments
> Seller Financing
> So What Is a Mortgage, Exactly?
> Subprime and Hard Money Lenders
> Surviving the Closing
> Some HELOC Fast Facts
> Should You Buy with Cash or with a Mortgage?
> Some Mortgage Myths
> Special Mortgage Loan Programs
> Special Mortgage Loan Programs - Part 2: The Rural Development Guaranteed Housing Loan
> Some Helpful Tips when Applying for a Mortgage
> The FHA 203(k) Rehab Loan
> Ten Home-Buying Tips
> To Refinance or Not to Refinance?
> The Loan Application Process
> The Secondary Market
> Truth-in-Lending Act (TILA) - Real Estate Settlement Procedures Act (RESPA)
> The Energy-Efficient Mortgage (EEM)
> The Top 6 Types of Mortgages
> The Components of Your House Payment
> Turned Down for the Loan?
> Take Note of 'Bad Mortgage' Warning Indicators
> The Self-Employed Homebuyer
> There are Plenty of Ways to Buy
> The Perils of Interest-Only Mortgages
> Which Mortgage is Best for You?
> What's Good about Reverse Mortgages?
> When should you opt for an Adjustable-Rate Mortgage?
> Your Credit Health

Shopping for a New Home? Create a Wish List!

For most people, buying a home is still the "great American dream." But before you go out shopping for that dream home, why not create a wish list encompassing all the criteria that you'll require to meet your needs? While it's only the beginning, it can nevertheless save you a great deal of time and effort in tracking down the perfect home for you and your family. You can start your house-hunting expedition by researching the following topics:

  • Where do you want to live?
  • What type of home are you looking for? (For instance, do you want a condo, townhouse, duplex or other multifamily structure, or are you in the market only for an unattached, single-family home?)
  • Is the neighborhood a safe one?
  • Is the home located near good schools?
  • Is the home situated near parks, grocery stores and other shopping areas?
  • How far away is public transportation?
  • How close to the freeway do you want your new home to be?
  • How many bedrooms do you require?
  • How many bathrooms would you prefer?
  • Do you want or need a garage?
  • Does the home offer a good view?
  • How large would you like the kitchen to be?
  • Does the kitchen have enough cabinet space to accommodate your needs?
  • How many closets do you require?
  • Do you prefer a multi-level home with a basement or recreation room?
  • Does the home need central air-conditioning and/or heating?
  • Do you prefer carpeting or parquet floors?
  • What types of appliances do you want in your new home?
  • What type of window casings do you prefer?
  • Do you want or need a large back yard?
  • How large would you like the front yard area to be?
  • Do you want fencing around the yards?
  • Do you want a deck or patio?
  • Is the new home surrounded by plenty of trees?

These are just some of the questions that may be useful when searching for your new home. You may also have other requirements on your list that are just as important. The most common questions, however, typically relate to location. For instance, if you have children you'll probably prefer to live in an area where there are quality schools. Additionally, if you have a family pet, you may want to make certain that there's enough back yard space for your pet to safely run around in.

The kitchen is a focal point of any house and, while you can probably make some compromises, for many people it's this area that must meet the most rigid requirements. A kitchen lacking sufficient cabinetry will never endear itself to its owners. Space for a breakfast nook or a dining room off the kitchen area where the entire family can sit comfortably is also typically in high demand.

It's always a good idea to make a wish list before you shop for a new home. Even though it may take awhile before you can actually purchase a home, you can still keep track of the items that are most important to you. As your children grow or your perspectives change, your list may change, too. That's quite alright; the important thing is to keep the dream alive.