Buying a home may seem daunting! Especially if you’re a first-time home buyer. Mortgage rates, realtors, property taxes, negotiating a deal, inspections and settlement – it’s easy to feel overwhelmed. Although it requires a lot of time and effort, if you familiarize yourself with the necessary steps, the home buying process can be manageable! Below is a step-by-step guide of what to expect and how to prepare – start to finish!
- Are you ready to buy?
- Is buying right for me?
- What do I need to buy?
- How much can I afford?
- Pre-approval
- Choosing a Realtor
- Making an offer/Earnest money deposit
- Contingencies/Inspection/H.O. insurance
- Final walkthrough
- Settlement!
- Additional Resources
Link to: “Following Your Path to Home Ownership – Buying Basics Pt. 1” by Carolyn Prante (at 3:10 mark)
