As a single buyer, embarking on the purchase of a new home may seem like a scary and somewhat lonely experience. Though there is a lot of empowerment that comes with purchasing such a large personal investment, along with that can come an unusual amount of anxiety.

According to experts, the biggest factor for singles and families continues to center around the location of the home; then price, and finally proximity to work, school, family, and friends.

As a single homebuyer, there are many things that you can do to prepare yourself as you journey down the road of home ownership. We've put together a list of tips you will want to keep in mind to help you find the home that is right for you in today's market.

• Make sure you first consider your personality and lifestyle.
  Make a list of interests and hobbies that you have. What is important to you? Is the thought of a long commute ok with you, or seem like an unbearable option? Is being close to a fitness center important? All of these considerations are important when you consider location of your new home.
  
  
• Assess your situation.
  It's possible that the size house that you can afford is not feasible for you to own at this time. Consider the size of the home and the yard; think about yard work and maintenance. Will you want to have a lot of upkeep if you're the only one doing it? Write down a list of pros and cons to owning a large home, and owning a small home. Keep your options open.
  
  
• Do your research- both market research and personal research.
  Determine what you want - how many bedrooms, approximate square footage, and which neighborhoods you prefer.
  
  
• Consider multiplex living.
  Condominiums and townhouses are a great way to invest in real estate without the typical maintenance of a single family dwelling. They are often easier to maintain and in close proximity to activities oriented towards singles like fitness centers and recreational facilities. Some may even have a pool area for your use.
  
  
• Get Pre-Qualified.
  The worst thing you can do for yourself financially is fall in love with a home that is way out of your budget. Sit down BEFORE you even start looking with a mortgage lender and find out what you qualify for and then start searching. You'll feel better about the whole process if you stay within your means.
  
  
• Consider your employment situation.
  Owning a home can be a great investment, but it can also be a financial disaster if for some reason you can't make your mortgage payments. Assess your employment situation. If you're in danger of a layoff, salary cut, or your company is making a major transition, it might be best to hold out for a few months or year to wait until the dust settles so you can make a confident purchase decision.
  
  
• Decide on the kind of neighborhood you will fit into best.
  Research different neighborhoods and drive around in them. Ask friends, coworkers and family members about what they know about them; are there are a lot of families and children, do singles live there, etc. Figure out what social setting you would feel best in and make your decision based on that.
  
  

Most importantly enjoy yourself! This is a fun and exciting time of your life, and you should make the most of it!