Step 1: Get Pre-Approved for a Mortgage
Before you start shopping for homes, it’s important to know how much you can afford. Getting pre-approved for a mortgage gives you a clear budget and shows sellers you’re a serious buyer.
What You’ll Need:
- Proof of income (pay stubs, W-2s, tax returns)
- Bank statements
- Credit report authorization
- Employment verification
Step 2: Find the Right Real Estate Agent
A knowledgeable local agent can make all the difference in your home buying experience. Look for someone who knows the area, understands your needs, and communicates effectively.
Step 3: Start Your Home Search
Once you’re pre-approved and have an agent, the fun begins! Create a list of must-haves and nice-to-haves, and start touring homes that fit your criteria.
Step 4: Make an Offer
When you find the right home, your agent will help you craft a competitive offer. This includes the purchase price, contingencies, and timeline.
Step 5: Home Inspection & Appraisal
After your offer is accepted, you’ll schedule a home inspection to identify any issues. The lender will also order an appraisal to ensure the home’s value supports the loan amount.
Step 6: Close on Your New Home
At closing, you’ll sign the final paperwork, pay closing costs, and receive the keys to your new home. Congratulations!