How To Buy Your First Home: A Step-By-Step Tutorial
AAA
  1. Buying A Home: Introduction
  2. Buying A Home: Choosing Your Location
  3. Buying A Home: Determine What Kind Of Home Suits Your Needs
  4. Buying A Home: Calculate How Much Home You Can Afford
  5. Buying A Home: Get Preapproved For A Loan
  6. Buying A Home: Find An Agent
  7. Buying A Home: Find A Home
  8. Buying A Home: Write An Offer
  9. Buying A Home: Go Through The Escrow Process
  10. Buying A Home: Get Properly Insured
  11. Buying A Home: Close And Become A Homeowner
  12. Buying A Home: Conclusion
Buying A Home: Introduction

Buying A Home: Introduction

By Amy Fontinelle

Many people go through life thinking that they could never buy a home. Maybe they think they can't afford it, or they think that their credit isn't good enough. Perhaps the whole process of buying a home is just so daunting and complicated that they wouldn't even think of dreaming of home ownership.

The unknowns of buying a home shouldn't be a deterrent to you getting your dream home. Research and diligence can unlock the mysteries of the process and enable you to buy a home without feeling too lost or overwhelmed. Fortunately, there are plenty of resources to explain the procedure to you. This tutorial will take you through the entire process of buying a home - from the "simple" stuff, like finding a place that you like, and the complicated stuff, like applying for a loan.

With this chronological, step-by-step explanation of the home buying process, you will know everything you should be thinking about and doing at each point of the process. Sure, the process can still be difficult, stressful and draining, but at least you'll know what to expect and understand what's happening at every step along the way. You don't have to rent forever if you don't want to. Reading the detailed explanations, advice and suggestions here will prepare you to tackle buying a home without fear. (For resources on how to decide if you're ready to be a homeowner, see To Rent Or Buy? The Financial Issues and To Rent Or Buy? There's More To It Than Money.)

Buying A Home: Choosing Your Location

  1. Buying A Home: Introduction
  2. Buying A Home: Choosing Your Location
  3. Buying A Home: Determine What Kind Of Home Suits Your Needs
  4. Buying A Home: Calculate How Much Home You Can Afford
  5. Buying A Home: Get Preapproved For A Loan
  6. Buying A Home: Find An Agent
  7. Buying A Home: Find A Home
  8. Buying A Home: Write An Offer
  9. Buying A Home: Go Through The Escrow Process
  10. Buying A Home: Get Properly Insured
  11. Buying A Home: Close And Become A Homeowner
  12. Buying A Home: Conclusion
Buying A Home: Introduction
RELATED TERMS
  1. Commercial Real Estate Loan

    definition of a commercial real estate loan
  2. Reinsurer

    A company that provides financial protection to insurance companies. ...
  3. Realtor Property Resource (RPR)

    A National Association of Realtors member benefit providing realtors ...
  4. Housing Choice Voucher Program

    The Housing Choice Voucher Program helps families with very low ...
  5. Warranty of Title

    A guarantee by a seller to a buyer that the seller has the right ...
  6. Warranty Deed

    A type of document that may be used to legally transfer property. ...
  1. I am a first-time home buyer. If I take a distribution from my 401(k) to purchase ...

    As you may already know, you must meet certain requirements, outlined in the 401(k) plan document, to be considered eligible ...
  2. How does my debt-to-income (DTI) ratio affect my ability to get a mortgage?

    Find out how much your debt-to-income ratio affects your ability to get a good mortgage rate when buying a home.
  3. Can I buy a house directly from Fannie Mae (FNMA)?

    Yes; you can buy homes directly from Fannie Mae. Fannie Mae (the Federal National Mortgage Association, or FNMA) is a government-sponsored ...
  4. On average, what can I expect my private mortgage insurance (PMI) rate to be?

    Learn the several factors that come into play when insurance companies determine the private mortgage insurance rate for ...
comments powered by Disqus
Related Tutorials
  1. Homebuyers' Walkthrough
    Home & Auto

    Homebuyers' Walkthrough

  2. The Complete Guide To Vacation Properties
    Budgeting

    The Complete Guide To Vacation Properties

  3. The Complete Guide To Real Estate Renting
    Home & Auto

    The Complete Guide To Real Estate Renting

  4. Introduction To Insurance
    Home & Auto

    Introduction To Insurance

Trading Center