: Your agent will help you submit a competitive offer based on local market value. Be prepared for potential negotiations or multiple-offer situations TruStage, Investopedia . 4. Due Diligence & Closing
: Sign the final paperwork, pay your remaining closing costs, and receive the keys. This process typically takes 30–60 days after an offer is accepted TruStage. Common Mistakes to Avoid Not shopping around for multiple mortgage lenders Bankrate . guide to buying your first home
: Create a "wish list" (e.g., location, bedrooms, commute time) but be prepared to compromise on some "wants" for your first home TruStage. : Your agent will help you submit a
: A professional inspection identifies potential structural or safety issues (red flags include foundation problems or major water damage) SoFi . An appraisal ensures the home's value matches the sale price for the lender Own Up. Due Diligence & Closing : Sign the final
: A pre-approval letter from a lender specifies how much you can spend and shows sellers you are a serious buyer Own Up .
: Find a local expert who understands your target neighborhood and can advocate for you during negotiations Medium . 3. House Hunting & Offers