Buying a house requires a lot of time and effort, but these few steps can help make the home buying process manageable and help you make the best decisions possible.

Start Your Research Early.

Determine How Much Expencive House You Can Buy!

Get Prequalified and Preapproved for credit for Your Mortgage.

Find the Right Real Estate Agent.

Real estate agents are important partners when you’re buying or selling a home. Real estate agents can provide you with helpful information on homes and neighborhoods that isn’t easily accessible to the public. 

Shop for Your Home and Make an Offer.

Start touring homes in your price range. It might be helpful to take notes (using this helpful checklist) on all the homes you visit. You will see a lot of houses! It can be hard to remember everything about them.

About Neighborhood: 

Are the other homes on the block well maintained?

How much traffic does the street get?

Is there enough street parking for your family and visitors?

Is it conveniently located near places of interest to you: schools, shopping centers, restaurants, parks, and public transportation?

Take enaugh time as you need to find the right home. Then work with your real estate agent to negotiate a fair offer based on the value of comparable homes in the same neighborhood. Once you and the seller have reached agreement on a price, beginning the period of time it takes to complete all of the remaining steps in the home buying process.

Have the Home Appraised

Lenders will arrange for an appraiser to provide an independent estimate of the value of the house you are buying. The appraiser is a member of a third party company and is not directly associated with the lender. The appraisal will let all the parties involved know that you are paying a fair price for the home.

Coordinate the Paperwork

As you can imagine, there is a lot of paperwork involved in buying a house. Your Real Estate Agent will handle all of the paperwork and make sure that the seller is the rightful owner of the house you are buying.

Close the Sale

At closing, you will sign all of the paperwork required to complete the purchase, including your loan documents. It typically takes a couple of days for your loan to be funded after the paperwork is returned to the lender. Once the money is delivered to the seller, you are ready to move into your new home!