1. SAVE FOR A DEPOSIT & CLOSING COSTS
Create a budget to save for a down payment, closing costs, appraisal fees, inspections, and potential taxes.
2. GET PRE-APPROVED FOR A MORTGAGE
Obtain pre-approval from a lender to determine your budget and ensure you can confidently make an offer on a home.
3. CHOOSE AN AGENT
Select a trusted realtor who understands your needs and preferences, including must-haves like location, number of bedrooms, and commute time.
4. LOOK FOR YOUR DREAM HOME
Tour homes with your realtor that match your budget and criteria. Take note of features, potential upgrades, and overall suitability.
5. PRE-CLOSING: INSPECTION, APPRAISAL, REPAIRS & NEGOTIATION
Once your offer is accepted, schedule a home inspection to uncover any issues and request an appraisal to confirm the home’s value. Based on the results, negotiate repairs or concessions with the seller, and finalize the contract details.
6. FINAL WALKTHROUGH
Before closing, perform a final walkthrough to confirm all agreed-upon repairs have been made and the property is in the expected condition.
7. Closing Day
Sign the final paperwork, complete your payment, and officially take ownership of your new home. Congratulations – it’s time to move in and enjoy!