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“Home purchasing is a difficult task”, it is a general thinking among people but a systematic step be step process can drop you at your own home. |
| Seven steps to buying a home |
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 The first thing is to figure out your budget. Consider all facts like your income, credit rating, current monthly expenses, down payment and the interest rate. After this ask lender to help you. A housing counselor can help you figure out how to manage and pay off your debt, and start saving for that down payment! |
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 Know your rights. Now look for different options to shop for a loan. Save money by doing your homework. Talk to several lenders, compare costs and interest rates, and negotiate to get a better deal. Consider getting pre-approved for a loan. |
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 Learn about home buying programs.Shop for a home. You can choose a real estate agent. Make a Wish list - what features do you want, Home-shopping checklist - take this list with you when comparing homes. |
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 Then make an offer with the help of real estate agent or by yourself. If the seller counters your offer, you can negotiate until you both agree to the terms of sale. |
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 To see what the condition of the home is, you must get a home inspection. Make your offer contingent on a home inspection. This inspection can help you avoid buying a home that needs major repairs. |
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 Shop for homeowners insurance Lenders require that you have homeowners insurance. Be sure to shop around.Sign papers. You're finally ready to go to "settlement" or "closing." Be sure to read everything before you sign! |
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 The House is yours now. Have Puja or hawan. And get into it. |
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