Step by Step Guide To Buying A Home

Use our Step-by-Step Guide to Home Buying, because buying a home is a big decision, and it is probably
the most expensive purchase you will ever make.

You don’t want to make any miss-steps along the way that could cost you money, time, hassle and disappointment.

A comprehensive discussion is found within your free e-book: “Step-by-Step Guide To Home Buying” that you will be able to download at the bottom of this page.

This article is an introduction to
the 10-step process of home buying.


Step1. Are You Ready?

Evaluate the pros and cons of homeownership.
Determine if you afford to be a homeowner?
Look carefully at whether Renting or Buying is best for you.

Step 2. Get a Realtor

Buying a home is a complex matter, you need a Trusted Advisor
Learn why a “Buyer’s Agent” may be your best choice.
Evaluate the Experience, Credentials, and Recommendations

Step 3. Get Loan Pre-Qualification & Pre-Approval

How to get pre-Qualification.
Visit the Mortgage Lender of your choice
Provide your basic financial information
Be sure to get a letter estimating the amount of loan you should qualify for.
Learn why Pre-approval is not the same as pre-qualification

Step 4. Look At Homes

You can access our comprehensive advanced search of the MLS to help you find all the homes that meet your wants and needs while your REALTOR is also searching.
Use our Home Hunter Worksheet to compare homes you visit.
Narrow down the field – View all possible matches as often as needed.

Step 5. Choose a Home

Now is the time that you and your Trusted Adviser / REALTOR meet

Determine which home best meets your needs, that you can afford
Which home provides you with the best VALUE.

Step 6. Financing Approval

The financing process is both long and complex and you should start early in the home buying process to avoid problems and disappointment later.
As we noted in Step 3, you should get Pre-Qualified and Pre-Approved as early as possible.
Financing is a key factor in buying a home.

Step 7. Make an Offer

Determine price.
Decide on the terms and conditions to include in the offer.
Learn how terms and conditions can often result in costing or saving you a significant amount of money.

Step 8. Contract to Closing – Transaction Management

All of the terms and conditions of the contract must be fulfilled on time
All contract conflicts must be resolved.

Step 9. Closing – What happens at closing?

The title company makes sure that the REALTOR, title companies, and lenders and all other parties to the transaction have their interests protected
The title company makes sure all the conditions of the contract have been met
All funds due to both Buyer and Seller are disbursed
Finally, the title company makes sure that all of the paperwork is correct and signed by all parties.

Step 10. What’s Next?

Now that we have looked at the steps along the path to Home Ownership, you can see that there is not only a lot to do but also a lot to learn about how to do it.  We strongly urge you to get our Detailed Step by Step Guide. It is just a click away.

Fill out the tiny form below to download “The Complete Step by Step Home Buyer’s Guide.” Have questions? Contact us to clear up any questions you may have. 

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