How to buy a house – the process

It is very easy to buy a house if you follow these simple step-by-step guidelines. By knowing what each of the steps to buying a house is, you will find it an extremely enjoyable and interesting event, just as it should be.

   Decide whether you are really ready to buy a house.

   Decide what your housing needs are.

   Decide in what location you would like to live.

   Select a realtor to help you in your search.

   Make sure you can finance the purchase and get a prequalification letter.

  Find the perfect home and make an offer to purchase. You will need to
      provide a good faith deposit at the time of the offer.

   Wait for your realtor to call you to tell you the offer has been accepted.

   Escrow will open.

   Apply for your loan. This should not be difficult as you already have the
      prequalification letter from your lender. This step should simply be a
      formality.

   Attend general inspection of property with inspector. Learn what needs to be
      repaired and negotiate with seller about cost of repairs with your realtor.

   If all goes well, toward the end of escrow you will pay to the escrow company
      the balance of your downpayment.

   The escrow company gets the balance of the purchase price from the lender,
      completes all the calculations, records the transaction and closes escrow.

   Congratulations! You now own the home!

   Your realtor will arrange for collection of the keys and handover to you on the
      date that the purchase transaction is recorded.

   Move in to your new home.

See how simple it really is? If you use a realtor as your buying agent, he will do everything necessary to keep the process smooth and trouble free for you.

Owning your own home is not difficult – just follow the simple steps outlined above and you can do it.

We hope this information has been helpful to you. If you are ready to start looking to buy a home, why not check out “Petersens Picks” which is a selection of Kent’s more interesting properties currently for sale in the Antelope Valley. If you would like to know more about the Antelope Valley, click here.  You may find that the Antelope Valley offers more than you expected.  We think it is a great place to live!

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