Buying A Home 101

So you’re thinking of buying a home, but whether you've spent years saving and preparing to buy a home, or are unsure if you can afford it, the questions surrounding a house purchase can feel endless. Click on the icons below to learn more about each of the steps that will mark the path to your new front door.

DECIDING TO BUY

HIRING AN AGENT

FINANCING YOUR HOME

GOING SHOPPING

MAKING AN OFFER

INSPECTIONS & APPRAISAL

SETTLEMENT

 

Deciding to Buy
Buying a home is one of the biggest financial decisions you will ever make, so the decision to purchase starts with evaluating your personal situation. Are you ready to move? Have you done research on the neighborhoods you want to live in? How long do you plan to stay in your current area? Are your comfortable in your job situation? Will it be a better financial decision to rent or buy? Do you know what you can afford to pay monthly on a mortgage payment? How much money do you have for a down payment? What is your credit score? What are the current housing market conditions in your area? Considering each of these questions is the first step toward deciding if now is the right time to buy.