When looking for a new house, it essential that you consider how much you are able to spend and what type of house you want and to make sure you cover every inspection and any unforeseen problems. Check out the neighborhood and ask about any neighbor disturbances. Having good credit would be a great first step in being approved for a home loan. Most people are able to afford to purchase a home that is worth about three times their total annual income. You don’t always have to deal with a real estate agent or broker, but do make sure you understand every document you are signing and all the terms in the agreements.