Ready. Set. Go: How to Buy a House? Here’s the short list. What does the process actually look like?
Find a Realtor
There are several benefits to working with an expert. They have access to more information when it comes to listings and showings, they’ll also be there to answer any questions you have. Take your time and find someone who understands your priorities.
Before you start looking at homes, you’ll need to know how much you can afford to pay. Sit down and determine what monthly payment fits within your budget. Then find a lender, shopping around to find the best interest rate. Getting pre-approved for your loan is almost as appealing to sellers as making a cash offer, so it’s worth the effort!
Find a House
Look for houses you’d like to see in person by using your realtor’s online portal or browsing popular home sites. You’ll then set up showings to see the house in person. Photos can be deceiving, so it’s important to see the house with your own eyes.
Make an Offer
Your realtor will walk you through all of the jargon that goes into an offer, including contingencies and the details of the amount you’re offering.
Inspection and Closing
If your offer is accepted, you’ll have a home inspection. Then you’ll know if there are any damages or issues that affect the value of the home. Assuming everything looks good, you’ll do a final walkthrough before signing on the dotted line. Welcome home!