Decide to buy a home
You might have dreamed of owning your own home for years. To decide if the time is right, consider what you need as well as what you can afford. Look at the bigger picture of how your family lives now and how your living situation might change in the future.
Find a home
Find the right home while saving money and time—including an optional but recommended step. Learn what to look for when attending open houses and private showings.
Submit offer and negotiate
Putting in an offer to buy a home and negotiating a final price can be challenging, but knowing what similar properties are worth in advance and getting a seller’s disclosure can make the process easier. And if your initial offer is rejected, it doesn’t mean you have to give up yet.
Get an inspection and apply for a mortgage
Once your offer is accepted, it’s time to schedule a home inspection and submit your mortgage application. While an underwriter reviews your mortgage application, they will conduct an appraisal of the property you’re buying, which could affect your deal. If all goes well, your loan will be approved.
Close on your new home
Between finalizing paperwork, writing checks and hiring the movers, getting to the finish line can be a scheduling challenge. Here’s how to prepare for the closing and avoid any pitfalls.
Get personalized home-buying guidance
Keep your home search and purchase on track with the Buying A House timeline.
Receive reminders, alerts and advice every step of the way.