This tutorial was designed to help you get the most out of buying a home, whether you're a first-time buyer, moving up or downsizing, we'll walk you through the steps and strategies you'll need.
- Getting Started
Your reasons for buying a home determine the steps and strategies you should follow.
- How Much House can You Afford?
Take the time to examine your finances and determine how much you can afford for down and monthly payments.
- Choose a broker
Home sellers enlist the help of professionals to represent their interests, so why shouldn't home buyers do the same?
- Begin Your Search
The search for a new home should not start with the price. More important are the location and quality of the property and its ability to meet, or be tailored to meet, your needs.
- Make the Offer
Once you've found the home you want, it's time to negotiate the price. Find out about various factors to consider when preparing to make an offer.
- Select a Mortgage
Finding the right mortgage involves some digging. Interest rates, points, processing costs, and adjustment features all affect how well a mortgage suits your needs.
- The Application Process
Here's what you can expect when you're ready to apply for your loan.
- Close the Deal
An accepted contract doesn't mean the deal is done yet, but there are things you can do to help avoid any snags.