<#-- Rebranding: Header Logo--> <#-- Rebranding: Footer Logo-->
  1. Buying a Home: Introduction
  2. Buying a Home: Choosing Your Location
  3. Buying a Home: Determine Which Kind of Home Suits Your Needs
  4. Buying a Home: Calculate How Much Home You Can Afford
  5. Buying a Home: Special Programs for First-Time Buyers
  6. Buying a Home: Get Preapproved for a Loan
  7. Buying a Home: Find an Agent
  8. Buying a Home: Find a Home
  9. Buying a Home: Write an Offer
  10. Buying a Home: Go Through the Escrow Process
  11. Buying a Home: Get Properly Insured
  12. Buying a Home: Close and Become a Homeowner
  13. Buying a Home: Conclusion

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 won’t even allow themselves to daydream about home ownership.

Don’t let these unknowns deter you. Research and diligence can unlock the mysteries of the process and enable you to buy your first home without feeling too lost or overwhelmed. Plenty of resources exist to explain the process. This tutorial is a great start. We’ll take you through everything from the simple stuff, like finding a place that you like, to the complicated stuff, like applying for a loan.

From this chronological, step-by-step explanation of the home-buying process, you will learn everything you should be thinking about and doing at each point of the process. Sure, the process may still be difficult, stressful and draining at times, but at least you’ll know what to expect and understand what’s happening at every point along the way. You don’t have to rent forever if you don’t want to. (For resources on deciding 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
Related Articles
  1. Investing

    Renting Versus Owning: Benefits and Drawbacks

    Consider these factors when deciding whether to buy or rent a home.
  2. Investing

    Is Owning a Home Right for You?

    Read these answers to common questions asked by homebuyers before you decide to purchase a home.
  3. Investing

    Pros and Cons of Renting vs. Owning a Home

    Owning a house might be an appealing idea, but it may have a lasting impact on your lifestyle. Learn more about other implications of rent vs. buying a home.
  4. Investing

    How to Know Whether Buying or Renting Is Best for You

    Buying a house is a very big, very personal decision that should factor in the advantages and disadvantages of being a homeowner versus a renter.
  5. Investing

    The Buy Versus Rent Debate: 4 Questions to Ask

    Answering these questions can help you decide whether buying a home makes more sense than renting.
  6. Financial Advisor

    Should You Rent or Buy a Home?

    Owning a home is part of the American dream, but it is a major financial undertaking with considerable pros and cons.
  7. Investing

    The Top 4 Worries That Keep Homebuyers Up at Night

    What are the top four things homebuyers worry most about? Money, money, money, money.
Trading Center