How to start buying a house

by Lili Patch 11/02/2022

With so many steps involved, answering the question of how to start buying a house can seem daunting. However, there are some basic steps you can take to make the process more manageable before you get to the home inspection and final purchase of your home.

Here are some of the basic things you need to do to start buying a house:

Get preapproved for a mortgage

Getting a preapproval letter from a mortgage lender benefits you in several ways. It helps you determine how much you can afford to spend on your new house, and also shows sellers you’re a qualified and motivated buyer.

Hire a real estate agent

Real estate agents are equipped with knowledge and resources to help you navigate every part of the real estate process. Most importantly, they can use their expertise to find listings that match your criteria for a perfect home.

Start your home search

Utilize the skills and resources provided by your real estate agent to find your dream home. Start with a list of priorities like must-have features, location and purchase price.

Make an offer

Once you’ve found the right house, your real estate agent can help you with any necessary negotiations and make the best offer based on purchase price, home inspection results, appraisal and home features.

While this is a simplified version of the home-buying process, it can be helpful to think about it in these basic steps.

About the Author
Author

Lili Patch

Radio Personality turned Realtor; I welcome the opportunity to turn house selling and house hunting into a fun and educated experience. House buying should feel like you're shopping with a friend, and I will keep you in the loop the entire time so you will not be wondering what you just signed or what happens next. It's that seamless, and we may even have lunch or dinner. I do this because when I started my real estate journey on the east coast, buying my first condo at the age of 18, I was clueless. I wished I had someone who had made that a stress free transaction- but it wasn't, and thats how I got the Real Estate bug. Let's take a step back first though to my first "job", I studied communications and entered the broadcasting industry. Through the years I purchased some more properties, and felt there was a gap that needed to be filled in the Real Estate profession. I set the bar very high on skill set & customer service. I have Real Estate Licenses in 4 states, which means I have more education, and training than most agents. My level of knowledge, strategy and experience is what sets me apart. I know how important being an astute negotiator is, being relentless, and answering the phone when it rings. I have earned certifications as a Seller Representative Specialist (SRS), a Certified Home Marketing specialist (CHMS), and a Pricing Strategy Advisor (PSA).

Meeting with people and traveling both east coast and west coast has given me a broad appreciation of the different laws, protections, and scenario's you encounter in real estate. Having the benefit of my communication background coupled with the vast knowledge of multi-state experience has been the backbone of my success.