1 minute reading time (195 words)

Buyers Workbook

BuyerWorkbook_Graphic_big


The home-buying process can vary depending on the location and specific circumstances, but generally involves the following steps:

Section 1: Determine Your Budget

  • Assess your income, expenses, and credit score
  • Determine how much you can afford to borrow

Section 2: Get Pre-Approved for a Mortgage

  • Find a lender
  • Provide necessary financial documents
  • Get pre-approved for a mortgage amount

Section 3: Find a Real Estate Agent

  • Research potential agents
  • Schedule a meeting or interview
  • Choose an agent to work with

Section 4: Search for Homes

  • Determine your home preferences
  • Use online resources and real estate agent to find homes
  • Schedule home showings

Section 5: Make an Offer

  • Work with your agent to make an offer
  • Include the price you're willing to pay and any contingencies
  • Negotiate with the seller if necessary

Section 6: Home Inspection

  • Schedule a home inspection
  • Review the results with your agent and determine next steps

Section 7: Finalize the Loan

  • Work with your lender to finalize your mortgage loan
  • Provide any additional documentation or information as needed

Section 8: Closing

  • Review and sign all necessary documents
  • Pay closing costs and any other fees associated with the transaction
  • Take ownership of the property
Danger ahead: MLSs consider agent alerts for peril...
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