Tips for Buying a Home
A home is one of the biggest investments you’ll ever make, so it makes sense to put plenty of thought into the process. Read the tips below to make sure you’re prepared.
Connect with Professionals
- Commit to buying a home
- Educate yourself about the process
- Find an experienced local realtor
- Become pre-approved with a lender
Create a Wish List
- Decide on a location
- Choose a size
- Determine how much you can pay
- Explore financing options
- Figure out what amenities are "must-haves"
- Visit potential homes that fit your wish list
Make an Offer
- Instead of buying on impulse, compare homes and talk to your realtor about a strategy
- Once you’ve chosen, make a formal offer to the property seller
- Allow your realtor to negotiate the contract
- Sign all closing and loan payment documents
Finalize the Transaction
- Order home inspections
- Negotiate repairs
- Allow lender to order an appraisal & survey
- Arrange utilities in your new home
- Complete a final walkthrough
Close on the Home
- Sign the closing disclosure
- Schedule a closing appointment
- Complete all closing paperwork
- Send documents to the lender