1. Know your “Budget” and determine what you can “Afford”. Have some money saved for a down payment, closing costs, and other expenses.
2. “Contract” a Real Estate Agent. Your Realtor will help you with the paperwork, negotiating, and getting the deal done.
3. Get “Pre-qualified” or “Pre-approved” for a mortgage. A pre-approval positions you to make a quick and serious offer when the time is right.
4. Narrow your search and find your “Dream Home”. Decide what is important to you, location, condition, size, features, etc. It all depends on the size of your family, your lifestyle, and above all, your budget.
5. Evaluate the asking price and “Make an Offer”.
6. Have a Home Inspection and Appraisal. The lender will order an appraisal to make sure the house is worth the amount you are borrowing. Property inspections are sometimes required for your loan, and they also give you “Peace of Mind”.
7. Shop for Homeowner’s Insurance. It will “Protect” your home and items such as furniture, electronics, clothing, etc.
8. Close. At closing the down payment, closing costs, and other fees are due. You will also need to secure “Title Insurance” for the property.
9. CONGRATULATIONS! Now you can recruit friends and family to help you move