This depends on your income, debt, credit score, and the amount of your down payment. It’s often recommended to get pre-approved for a mortgage to understand your budget.

Pre-qualification is an estimate of how much you can borrow, while pre-approval is a more detailed process that involves a credit check and verification of your financial information.

Consider factors like location, size, condition, price, and neighborhood amenities. It’s also important to think about your long-term needs and resale value.

PMI is insurance that protects the lender if you default on your loan. It is typically required if your down payment is less than 20% of the home’s purchase price.

Buying a home can build equity, provide tax benefits, and offer stability. Renting can offer flexibility and lower upfront costs.

The value of your home depends on factors like location, size, condition, and market conditions. A real estate agent can provide a comparative market analysis (CMA) to help determine a competitive price.

Clean thoroughly, make necessary repairs, depersonalize, and stage your home to appeal to potential buyers. Enhancing curb appeal is also crucial.

A home warranty is a service contract that covers the repair or replacement of major home systems and appliances. Offering a home warranty can make your property more attractive to buyers.

Overpricing, neglecting repairs, poor staging, getting emotional, and not hiring a real estate agent are common mistakes to avoid.

Be honest and transparent about any known issues. Failure to disclose can lead to legal problems down the line.