HomeBlog Here Are 8 Things Important Facts About Home Buying
Here Are 8 Things Important Facts About Home Buying
There are many steps to the home buying process and first time home buyers can get confused with some of them. Here are the basics of what you need to know before you start your home search.
The Home Buying Overview
Pre-approval. It is always better to get pre-approved for a mortgage so that you will know what your budget is for buying a home.
Real Estate Agent. An agent is going to really help you find a home you love, without wasting time, money, and energy. They can also elaborate on the home buying process.
Prioritize. Know what type of home you want, where you want it, and the price range. This will help your agent find homes much quicker than if they had no criteria to work with.
Choose and Offer. When you have decided on a particular home, it will be time for you to put in your offer. Make it professional yet personal with a reasonable price.
Home Inspection. Have the necessary home inspections completed before the closing process. These will include a regular home inspection and an appraisal for the value of the home.
Your Inspection. A day before closing, take another look at the home to make sure it is ready to be moved into.
Close. During the closing process you will need to pay a number of fees for inspections, taxes, and other finances that come up early on in home buying. Documentation of who will pay what will be presented to you and the seller.
Finalize. After signing all necessary documentation, it is time to get your keys and move in.
When buying a home, keep it simple. Use this comprehensive checklist to make sure your bases are covered and your ducks are in a row, so to speak. Slow down and enjoy the process!
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