Posted on: 01st Apr, 2014 02:56 am
What are the main appects of buying a new home?
Mainly there are 3 main phases of home buying - planning & preparation, finding a suitable home & closing the entire deal peoperly.
In the first phase, you should make planning & preparation for gathering required documents,information about mortgage, finding a lender, getting pre-qualified for the loan & gathering info about the location.
In the second phase, you need to find the house, start negotiating with the seller about the offer, prepare for house inspection & appraisal process, Opting for home insurance is also a good decision.
Last but not the least, the closing procedure includes - signing the deed or agreement, paying the closing costs, availing title insurance.. etc.
In the first phase, you should make planning & preparation for gathering required documents,information about mortgage, finding a lender, getting pre-qualified for the loan & gathering info about the location.
In the second phase, you need to find the house, start negotiating with the seller about the offer, prepare for house inspection & appraisal process, Opting for home insurance is also a good decision.
Last but not the least, the closing procedure includes - signing the deed or agreement, paying the closing costs, availing title insurance.. etc.