Buying a home can be challenging for a first-timer. After all, there are so many steps, tasks, and requirements, and you may be anxious about making an expensive mistake. But first-time homebuyers enjoy some special advantages created to encourage new entrants into the real estate market. To...
Offer accepted? Congrats! Now you've got just a few more steps to go. You'll also likely write your first check at this point. Earnest money is a deposit you'll make toward the purchase of the house. It usually goes into an escrow account, and when the sale goes through, most buyer...
Step 6: Make an offer. An offer is usually accompanied by earnest money to show your intentions to complete the sale. Step 7: Get a professional home inspection. Soon after your offer is accepted, you should hire a home inspector to check the structural soundness of the property. Step 8:...
If a property has too many or expensive problems to fix, you may need to pass on buying it. Banks and government agencies usually let buyers include a home inspection contingency in their offer, allowing you to order a home inspection after your offer is accepted but before the sale closes...
From securing your mortgage to picking out that perfect house you can call home, this is the homebuying process timeline every first-time homeowner can expect to complete. Homebuyer first steps Remember the old adage: Rome wasn't built in a day? Before you put your key into your new ...
To help you craft an offer on a home and understand the offer acceptance process, we’ve broken down the steps to both making and accepting an offer on a house. Here's what you need to know: Buyers: How to make an offer on a house. ...
Buying or selling a home is more than just a transaction—it’s a relationship. As your local realtor near you, I’m dedicated to understanding your needs and guiding you through every step of the process. Whether you're a first-time homebuyer or an experienced seller, my goal is to pr...
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So now: the Homebuying Process: Step 1: Hire a REALTOR® Step 2: Get pre-approved for a mortgage Step 3: Download our homebuyer’s checklist Step 4: Find your dream home Step 5: Time for showings Step 6: Choose a property Step 7: Make an offer Step 8: I have an accepted cont...
Complete these five simple steps to get to the closing. Okay. You’ve found your dream home and the seller has accepted your offer. Here’s what you can expect during the mortgage process, from application to closing. Submit an application. ...