It’s easy to get distracted by a pretty kitchen. Stay grounded by making a list:
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 how to buy my first home
Once your offer is accepted, you enter escrow. Never skip these two steps: It’s easy to get distracted by a pretty kitchen
You’ll sign a mountain of paperwork, pay your remaining down payment and closing costs, and finally receive the keys. A "pre-qualification" is a guess; a is a commitment
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"