The home buying process involves determining if buying is right financially, getting loan preapproval, finding a trustworthy realtor, narrowing down areas and homes to view online first before seeing in person, passing paperwork, appraisals, inspections, and finally closing on the home.
2. Overview
Determining if buying is right for you
Getting Loan Preapproval
Finding a Realtor
Finding a home
Passing paper work, appraisals, and inspections
Closing!
3. Determining if buying is right for you
Financial means
Buying vs. Renting
Advantages vs.
Disadvantages
6. Finding a home
Narrow down area first
Use internet resources
available to you
(google street view)
Limit the # of homes you
see in person to only the
top of your internet
criteria
7. Passing paper work, appraisals, and inspections
Contract excepted!
Appraisals ordered
Survey
Inspections
Title Search
Loan Approval
Home insurance
HOA or Condo approval