by Jeff Ragan
A quick and easy home buying checklist to help you with that first home purchase. It helps you understand in a list order what you need to
accomplish in the home buying process.
This checklist basically spells out the steps of buying a home in a brief outline like manner.
The advantage of having a list such as this is you can take it with you. As you're working on the list you can check each item off when its complete.
I love lists, they help keep me organized. When you're working on something and get interrupted, you can look at your list and remember what you were doing. That's a great help when your busy!
Be sure to print this list and use it to keep you on track.
Run your credit report
Evaluate your debt-to-income (DTI) ratio.
Evaluate your down payment possibilities with this first time home buyer checklist
Evaluate possible loan programs.
Start the application process (the above things on the list can be done through the application process).
Obtain pre-approval from a lender.
Locate the home I'm interested in purchasing.
Put in a purchase agreement and have it accepted.
Lender ordered an appraisal.
Lender ordered a home inspection.
Loan approval finalized
Do a walk through on the house before the closing (amazingly things have changed on the house from the time the purchase agreement goes and the closing, so do a final walk through).
Close on your home!!!!!!!!!!!!!!
If you would like a PDF file to download and print of a first time homebuyer checklist just click here.
Learn all there is to know about the home buying process by reading this article.
If you would like to understand the available programs, check out First Time Home Buyer Programs to see which one fits your needs.
Wondering where to begin in choosing a lender? Choosing a Mortgage Company will give you some awesome tips in choosing a lender.
Go to House Buyer Solutions Home Page.