[zairaong]

Originally Posted by johnchristine375

Can you give some tips how to buy a new home???

1. It is important to find out how much you can borrow before you start looking for a home.
2. Get pre-approved for mortgage financing.
3. It is time to actually start house hunting with a realtor.
4. Once you have found a home that meets your needs, it is time to make an offer on the property.
5. Negotiation process starts
6. After the negotiation process has been completed, you will need to present your mortgage broker with a copy of the Purchase and Sale Agreement for the home.
7. After presenting the Purchase and Sales Agreement, you will need to work with the mortgage broker to ensure you meet all the conditions required for the closing of the mortgage loan.
8. Prior to closing, you will want to make sure to have a thorough home inspection performed by a qualified and certified home inspector.
9. After the home inspection has been performed and the report has come back clean (or all the items uncovered have been repaired), it is time for the buyer to actually hand over the money for the down payment and sign the loan documents.
10. Collect the house key