You’ll sign a mountain of paperwork, pay your remaining down payment and closing costs, and finally receive the keys.
Paint colors, carpet, or landscaping (these are easy to change later). 5. Make an Offer and Negotiate how to buy my first home
Expect to pay 2% to 5% of the home’s purchase price in taxes, lender fees, and inspections. 2. Get Pre-Approved You’ll sign a mountain of paperwork, pay your
Number of bedrooms, school district, or commute time. Make an Offer and Negotiate Expect to pay
When you find "the one," your agent will help you determine a fair price based on "comps" (what similar homes nearby sold for). Don't be afraid to ask for a "seller concession" to help cover your closing costs if the house needs minor repairs. 6. The "Due Diligence" Phase
A "pre-qualification" is a guess; a is a commitment. It shows sellers you are a serious, vetted buyer. Shop around with at least three lenders to compare interest rates and loan terms. 3. Find a "Buyer’s Agent"