Making the decision to buy a new (to you) home doesn’t usually happen overnight. Sure, a savings plan and a Pinterest board are great starting points, but there are things that can save you time, stress, and money if you plan ahead! With adequate time to think, you can really execute a masterful plan. What does that look like? Here are my thoughts.
1. Your Credit Score Matters More Than You Think
Yes, you know it’s important, but you may not realize just how much a few points could change your mortgage rate—and by extension, your monthly payment. If you check your credit report six months out and work on improving it, you might qualifiy for a better rate. Even a 0.25% difference adds up over 30 years.
What to do: Check your credit score now. Pay down high-interest debts, avoid new lines of credit, and correct any errors on your report.
2. Pre-Approval Is Not Just a Formality
You may assume you’ll get pre-approved closer to when you’re ready to start making offers. In reality, getting pre-approved early gives you a much clearer picture of your budget and shows sellers you’re serious. Plus, it helps you spot any issues with your financials while there’s still time to fix them.
What to do: Talk to a lender early. Even a pre-qualification (a less formal version of pre-approval) can be a helpful starting point.
3. Don’t Just Save for a Down Payment
You may have saved for the down payment, but don’t underestimate the other costs—closing costs, inspection fees, moving expenses, utility deposits, and furnishing. It adds up fast. Six months out is the perfect time to start building a buffer.
What to do: Add 2–5% of your target home price to your savings goal for these “curtain costs.”
4. Neighborhood Research Is Gold
Spend time getting to know potential neighborhoods—commute times, school ratings (even without kids), safety, resale value, and local amenities.
What to do: Drive through neighborhoods at different times of day, chat with locals, and set up Google Alerts for real estate listings and news in those areas.
5. Your “Must-Have” List Will Change
As you tour homes and understand what is available in your price range, you’ll learn to prioritize differently—things like good natural light, solid structural condition, and overall layout may become more important than fancy finishes.
What to do: Make a list, but be open to change. Touring homes—even casually—will help clarify what really matters to you.
6. The Emotional Side Is Real
Buying a home is exciting, but it is also overwhelming. You may not be prepared for the emotional rollercoaster—hope, disappointment, anxiety, excitement—all often within the same week.
What to do: Build a support system. Whether it’s your partner, a trusted friend, or a real estate agent who genuinely has your back, having someone to talk through decisions with is crucial.
Final Thoughts
If you’re six months out from buying a home, you’re in a powerful position: you have time. Use it wisely. Educate yourself, prepare your finances, and approach the process with both heart and strategy. Future you will be grateful.
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