Home Buying Process For Dummies [RECOMMENDED]
: A lender reviews your finances and gives you a letter stating how much they’ll lend you. This makes you a serious buyer in the eyes of sellers.
: You sign a mountain of paperwork at a title company or attorney's office, pay your remaining costs, and get your keys. home buying process for dummies
: Includes your price, down payment, and contingencies (conditions that must be met for the deal to go through). : A lender reviews your finances and gives
: These protect you. For example, an inspection contingency lets you back out if the house has major hidden issues. 5. Closing the Deal (1 Month Out) : Includes your price, down payment, and contingencies
: The lender hires someone to ensure the house is actually worth what you're paying.
: Don't just borrow the maximum a bank offers. Factor in property taxes, insurance, and maintenance. 2. Build Your Team and Get Pre-Approved (3 Months Out)