Steps to Buying a House

Buying a house is a large decision for anyone. When you finally make the decision to buy, it is important to know where to start. That is why we have compiled the necessary basic steps in which you will need to take in this sometimes intimidating process.

Decide on Your Wants in Your New House

In order to get the home buying process started, it is necessary to pinpoint what you are looking for in a home. What area or areas do you plan on looking for ownership? How much are you going to be able to spend on you new home? How large of a house will you want, and what kind of accommodations are you looking for in your new residence? Eliminate as many variables as possible so you can have a more precise search for your new home.

Find a Good Real Estate Agent to Help with Your Search

To help and guide you in your purchase of a home, a real estate agent can help alleviate a lot of unneeded stress. After pinpointing what you are looking for in a house, your agent can help find your new home more efficiently and effectively. An agent will be there to represent you throughout the process and will help answer many of the possible questions you may have on your way to home ownership.

Get Pre-Approved

It will help you in the long run to get a pre-approved loan for your new house. It is very simple and painless the majority of the time, and will be a great benefit in your home shopping. It will help you determine how large of a loan you will be able to receive, and bring clout in the eyes of the sellers who will know you are serious and ready to purchase a home.

Choose Your Home

With the help of your real estate agent, look at as many homes as possible so you can get a good idea of your options. Thoroughly inspect all the home options and pick the house that is most right for you.

Make Your Offer

When you have decided on your home, you need to make an offer through your agent. In this process you will state what you are willing to pay for the home and issue other details as to when you want to close and at what time you wish to move into the house. Making an offer as clear and concise as possible will help speed up the process and allow you to purchase your new home in a timely manner.

Have the Home Professionally Inspected

Beyond your own personal inspection, you will need a professional inspector to come look at the house to discover anything that you easily could have missed. This is a very important part of the process. Using a certified inspector will help inform you on all the workings of the house. You do not want any unwanted surprises from your new home, so take this inspection very seriously.

Finish the Loan Process

You have now found the house you wanted and have had it properly inspected. It is now time to finalize your loan process. If you have been pre-approved for the loan, the whole process will go much smoother as much of the legwork as been finished already. Take your time and find a mortgage that suites you best.

Final Walkthrough

Less then a week before moving into your new house you will do a walkthrough to ensure that everything is as it should be in your soon to be residence. This will give you a chance to look over everything one last time before all is finalized.

Close the Deal

Your loan will be finalized and you will close escrow. You will sign all the final legal documents and take ownership of your new house. This will conclude your journey in home buying.

Move Into Your New House

After finalizing escrow, the keys will be given to you. It will be time to move all your belongings in and make this new house a place you call home!