Make your opening bid something that’s fair and reasonable and isn’t going to totally offend the seller.

A lot of people think they should go lower the first time they make a bid.

Your home is only going to go up in value as much as the other houses around you.

Lenders need to see that you’re reliable and they want a complete paper trail so that they can get you the best loan possible.

If you open new credit cards, amass too much debt or buy a lot of big-ticket items, you’re going to have a hard time getting a loan.

Buying Secret #9: Get Pre-Approved for Your Home Loan There’s a big difference between a buyer being pre-qualified and a buyer who has a pre-approved mortgage. Getting pre-approved means a lender has looked at all of your financial information and they’ve let you know how much you can afford and how much they will lend you.

Being pre-approved will save you a lot of time and energy so you are not running around looking at houses you can't afford.

It’s better to spend the money up front on an inspector than to find out later you have to spend a fortune.

Buying Secret #2: The Secret Science of Bidding Your opening bid should be based on two things: what you can afford (because you don’t want to outbid yourself), and what you really believe the property is worth.

Trying to anticipate the housing market is impossible.

The best time to buy is when you find your perfect house and you can afford it.

It all depends on what the market is doing at the time.