Here are some initial thoughts to get you in the home buying and selling mindset. Even though you may be months or even years from buying a new home, get prepared now. Keep up on developments in the housing market, figure out what you'd like in your next home, do some research on the Internet. This is particularly important if you are buying your first home. Maybe you'll need to start some investments to save money for a down payment.
Many people forget to prepare for costs associated with closing and moving.
Prioritize your expenses and put saving for a house near the top of the list. And, speaking to a mortgage banker in advance is also a good move. He or she can help you determine how much more home you can afford, will give you advice on how to clear up outstanding credit issues and then get you pre-approved for the right home loan once you're ready to move.