Home Buying Checklist: A Survival Guide for Buyers
Abstract
Know how much you can afford Determining how much house you can afford is the first step in the home buying checklist - setting a realistic budget will relieve stress in the long run and help narrow your home search. Attend open houses and home tours Arguably the most enjoyable step in the home buying checklist is attending open houses and home tours. Video tours can help you identify the type of home you like, the layout you want, and the features you like or don't want in your home. Make an offer If you're pre-approved and find the right home during one of your home tours, you're ready to make an offer. Find a great home inspector and schedule a home inspection You'll want to get an inspector to walk through the home to ensure there are no major repairs, system issues, or unforeseen costs and liabilities. Renegotiate If your home inspector or the appraiser finds fault in the home, you may want to renegotiate your purchase offer. Close on the home and wrap up the home buying checklist You've made it - the big day is here.