The Homebuying Process

The Basics

  • Determine what you can afford
  • Find out your credit rating
  • Set aside money for a down payment

Financing Your Home

  • Learn about the different types of mortgages
  • Choose a lender and get pre-approved

Finding a Home

  • Determine where you want to live
  • Hire a professional real estate agent
  • With the realtor’s help, determine the type of home you want to buy
  • View properties with your realtor

Buying Your Home

  • Make an offer and utilize contingencies for items like home inspections and repairs
  • With your realtor, negotiate to until you and the seller arrive at a fair price for the home
  • Set a closing date and close on your new home