Steps To Purchase a Home


Buying a home can be an exciting and complex process. It can require a significant amount of time, research, and negotiation. Here are the basic steps that lead to home ownership.

1. Figure Out Location

Before you start looking for your dream home, you need to decide where you want to live. Consider all relevant factors, such as commute time, available schools, property values, and neighborhood covenants.

2. Contact a Lender

Unless you have the means to purchase a home outright, you will need to apply for a mortgage. It’s a good idea to contact a lender, such as Sun West Mortgage, before you start looking at homes. Your lender can tell you what sort of mortgage you can qualify for, and then you’ll know how much you can afford to pay for your new home.

3. Find a Realtor

Once you know where you want to buy and how much you can afford to spend, you can contact a real estate broker to help with your search. A realtor can help you access the available listings and provide information on property values.

4. Negotiate an Offer

In most cases, you will need to negotiate with the seller before you can close on your new home. Negotiations may revolve around asking price, closing costs, escrow time, and necessary repairs.

A little planning can make buying a home an enjoyable experience. Start by determining your ideal location and price, and then work with a realtor to complete the transaction.