Web Extra: New Homebuyer Litmus Test

So you’re a new homebuyer and you think you’ve picked your future house. How can you be sure you want to pull the trigger?

Prudential Douglas Elliman Vice Chairman Dolly Lenz has a litmus test:

1) Do you have your mortgage and down payment ready?

2) Have you negotiated to secure the right price plus are you comfortable with the terms of the mortgage? Have you secured an inspection of the home?

3) Did you visit the school district, public library, parks, and ask yourself "Do I feel comfortable in the community?"

4) Finally, are ready to live here for a long time? If everything checks, then you are ready to sign the dotted line.