With so many steps involved, answering the question of how to start buying a house can seem daunting. However, there are some basic steps you can take to make the process more manageable before you get to the home inspection and final purchase of your home.
Here are some of the basic things you need to do to start buying a house:
Get preapproved for a mortgage
Getting a preapproval letter from a mortgage lender benefits you in several ways. It helps you determine how much you can afford to spend on your new house, and also shows sellers you’re a qualified and motivated buyer.
Hire a real estate agent
Real estate agents are equipped with knowledge and resources to help you navigate every part of the real estate process. Most importantly, they can use their expertise to find listings that match your criteria for a perfect home.
Start your home search
Utilize the skills and resources provided by your real estate agent to find your dream home. Start with a list of priorities like must-have features, location and purchase price.
Make an offer
Once you’ve found the right house, your real estate agent can help you with any necessary negotiations and make the best offer based on purchase price, home inspection results, appraisal and home features.
While this is a simplified version of the home-buying process, it can be helpful to think about it in these basic steps.
About the Author
Kevin Kelleher
The thing that sets me aside from other agents is my experience, I started out a young man in construction learning everything from anyone that could teach me so before long I had my own company as a remodeling contractor then specialized in historical renovations by the end I had the pleasure of working on great jobs with great clients for 30 years. For the past 12 years, I have been enjoying the process of assisting my faithful clients with real estate transactions my knowledge of houses has given my clients a huge advantage when viewing properties and what is needed when selling. I have always enjoyed working with people and helping them in probably the largest investment they will make. I hope you will give me the chance to show you that honesty and hard work does pay off in the end whether you're buying or selling.
