1. Start your research early
If you’re planning to move into your new house in December, then it’s recommended you start the process in August at the latest.
2. Determine your Affordability
Before you start searching online and looking at homes, the very first thing you should do is to determine how much house you can afford.
3. Get pre-approved, not pre-qualified
you should contact a mortgage professional to not only calculate how much you can afford but to get pre-approved.
4. Finding the right real estate agent
Although they work for you and act in your best interest, they typically get paid by the seller of the house.
5. Shop for your home
Keep an open mind when deciding what you want. Look at houses outside of your desires. The house you fall in love with might not have everything you want.
6. Work with your mortgage professional to select your loan
Professionals provide you with some options to discuss and eventually select the program that best fits your situation.
7. Make an offer
The lender will provide you a pre-approval letter to share with your realtor. With this in hand and after you found a home, you’re going to wanna make an offer.
8. Home Inspection and Appraisal
An inspection is not a necessary part of the home buying process, but it is strongly encouraged and recommended.
9. Coordinate the paperwork
By the time the purchase contract is ratified. Meanwhile, you would need to provide some updated pay stubs and bank statements.
10. Close the sale
Make sure you bring the following with you: two different forms of government-issued IDs and necessary funds to the closing agent.
Friends we can't explain everything about these 10 tips here due to the google web stories word limit. So we made a dedicated article on this topic, please check below.