Eight Things I Wish I Had Known Before I Bought a House.

Purchasing a home is a major milestone that tops many people's lifetime to-do lists—and maybe their list of financial fears too. But it certainly doesn't have to be a scary or stressful experience. With time, care, and research, you can take control of the home-buying process.

Like many other homeowners, I researched the heck out of buying my first home: what to look for in…

 1.Determine What You Can Truly Afford

Well, there are no surprises here: Your first step in the home-buying process is to determine your budget, just as you'd likely do for any other major financial decision

2.Figure out Which Mortgage is Right for You—and Get Pre-Approved

Now that you've nailed down your numbers, it's time to start shopping for a mortgage lender with a reputation for good customer service and timely closings. You'll likely have a lot of questions—like how long the process will take and what the qualifying guidelines are—so choose a lender that answers them all satisfactorily.

3.Consider a Financial Trial Run

If the idea of not being able to afford your mortgage keeps you up at night, this step is all about assuaging those fears by simulating the experience of being a homeowner—before you buy.

 4.Decide Which Features Are Must-Haves and Nice-to-Haves

It's the rare lucky person who finds the perfect home within their budget, so before you go house hunting, brainstorm a list of what you absolutely must find in a home—and which features are simply nice extras.

5.Start House-Hunting, and Decide If You Need a Real-Estate Agent

Now for the fun part: house hunting! Browsing online resources for available homes in your neighbourhood is a good place to start, and can help confirm whether your budget and house must-haves are reasonable in light of what's for sale.

 6.Research Homeowner's Insurance

Your lender will likely require the name of the agency providing you with home insurance, which is why you should shop around for a quote while you're still house hunting.

7.Put in an Offer

So, you've fallen in love with a property that meets all of your needs and some of your wants—and it's within your price range. Let's make an offer!

8.Review the Contract and Submit Your Mortgage Application

The seller accepted your offer—congrats! But before you sign on the dotted line, you should make sure to review the contract thoroughly and understand every single clause.

After that, make sure the money for the closing wired into the correct account.