Buyers

Thinking about buying a home? We have information that can help you become more informed on the financial and legal implications when buying a home. Below, we’ve compiled a list of the resources provided by the U.S. Department of Housing and Urban Development provides. For more information, please feel free to contact us, and we would be happy to answer your questions!

 

1. Figure out how much you can afford
What you can afford depends on your income, credit rating, current monthly expenses, down payment and the interest rate. Download this resource to learn how to manage your money in preparation for buying a home.

 

2. Know your rights

Here are a few resources to help you know about your legal rights as a buyer and a borrower.

 

3. Shop for a loan

These resources give you valuable information on common mortgage terms and gimmicks you should be aware of.

 

4. Learn about home buying programs

There are many home buying programs out there to assist buyers in particular circumstances. View the resources below to see if you qualify for a home buying program.

 

5. Shop for a home

Here are a couple of lists to keep on hand when shopping for a home.

 

6. Make an offer

This article teaches you the basics of making an offer on a home.

 

7. Get a home inspection

A home inspection is an important step in the home buying process. This resource gives you important questions to make sure you ask your home inspector.

 

8. Shop for homeowners insurance

Here are some helpful tips when shopping for homeowners insurance.

 

9. Sign papers
You’re finally ready to go to “settlement” or “closing.” Be sure to read everything before you sign!