So, you’re ready to buy a home. Here’s your next 111 to-dos.
*
Get Informed - Do Your Research 1.
Research the real estate industry and legal services to understand what’s available to you, including the entire process and necessity for legal representation.
2.
Achieve proficiency in federal and state fair housing laws that protect your rights. You want to be sure that you’re not being denied the opportunity to make an offer on a home or secure financing based on your race, religion, national origin, sex, disability, and/or family status.
3.
Research local and national down payment assistance resources. These programs can help make your home purchase more affordable.
4.
Check your eligibility for down payment assistance programs.
5.
If you’re a Veteran, research home services and loan programs available to you.
6.
If you’re a Veteran, determine whether you qualify for a zero-down VA home loan. Making a down payment is a significant hurdle for many home buyers. Programs like these can open the door to homeownership, for those who know about them and qualify.
7.
Learn about local home prices, inventory levels, and market demand in your desired area. If you are in a hotter market, high demand for homes may affect your buying process and offer strategy.
8.
Ensure that all personal and financial information remains confidential to mitigate risk of identity theft. Research the steps that you can take to protect your identity when buying a home.
9.
Throughout the process, know the risks of posting home search details on social media to avoid being targeted for fraud.
10. Do some research on what home features are currently popular to help identify your preferences and how this may affect the value of the home.