Buying a home in 10 steps

Buying a home is a major milestone and a significant financial decision that involves careful planning and research. It typically begins with assessing your financial readiness — reviewing your credit score, determining your budget and getting preapproved for a mortgage. Once you have a clear understanding of what you can afford, the next step is to identify your needs and preferences, such as location, size, amenities and proximity to work or schools. Working with a real estate agent can help