You'll meet at a title company or attorney's office to sign a mountain of documents and wire your down payment.
A higher score equals a lower interest rate. If yours is under 620, consider a few months of "credit repair" before applying.
Once the deed is recorded, the house is officially yours. home buying guide pdf
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 You'll meet at a title company or attorney's
As a buyer, having a Realtor is usually free (the seller pays the commission). They handle the paperwork, negotiations, and scheduling.
Don't be afraid to ask for closing cost credits or repairs if the house needs work. Phase 4: Due Diligence Once an offer is accepted, you enter "Escrow." Once the deed is recorded, the house is officially yours
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