Buying A House

Buying a House: Buying a house, whether as a place to live or as an investment, is a decision that will affect your life for a long time to come. Buying a house involves many steps.

The 10 Steps to Buying a House

1. Determine how much you can afford.
2. Find a Realtor to guide you through the process. The best way to do this is to have realtors compete for your business to see which one is best for you.
3. Find a house that meets your needs and desires. Find out the Fair Market Value of the house and receive a free comparative market analysis plus neighborhood comps for the house you want.
4. Make an offer to the seller.
5. Negotiate a sales contract.
6. Apply for a loan to get the money to buy the house. You can use online services to get rate information from up to four lenders at once.
7. Have a house inspection done.
8. Get the loan commitment from the bank.
9. Go to the "closing" to complete the purchase of the house.
10. Go to your new home!

New tools have become available thanks to the Internet. You can now find a realtor online, making it easier for you to get started.

In addition, you can get a house appraisal in 15 minutes online. Online house valuations are a great way to determine a house value very quickly.

For more information on buying a house, check out the articles listed below. They will walk you through the entire process.