Home Buying Guide — Pdf

Usually 24 hours before closing, you'll visit the house one last time to ensure it’s in the agreed-upon condition.

Distinguish between "needs" (3 bedrooms, good school district) and "wants" (granite countertops, hardwood floors). Phase 3: The Search & The Offer

This is the final deep dive into your finances by the lender. Pro tip: Do not make any large purchases (like a new car) or open new credit cards during this time! Phase 5: Closing Day home buying guide pdf

Look past the paint colors and staging. Check the age of the roof, the HVAC system, and the "vibe" of the neighborhood at different times of day.

While 20% is the gold standard to avoid Private Mortgage Insurance (PMI), many programs (like FHA) allow for as little as 3.5% or even 0% down. Usually 24 hours before closing, you'll visit the

Hire a professional to find the hidden "skeletons" in the walls. This is your chance to back out if there are major structural or safety issues.

A pre-approval letter tells sellers you’re a serious buyer with backed funding. In a competitive market, you can't win without one. Phase 2: Building Your Team Pro tip: Do not make any large purchases

A higher score equals a lower interest rate. If yours is under 620, consider a few months of "credit repair" before applying.