The Home-Buying Process
1. Figure out how much you can afford
What you can afford depends on your income, credit rating, current monthly expenses, downpayment and the interest rate.
How much home can you afford?
Buying vs. Renting
Homebuying programs in your state

2. Know your rights
Fair Housing: Equal Opportunity for All- brochure
Real Estate Settlement Procedures Act (RESPA)
Borrower's rights
Predatory lending

3. Shop for a loan
Looking for the best mortgage: shop, compare, negotiate-   brochure
Let FHA help you
Avoid Predatory Lenders

4. Learn about homebuying programs
HUD's special homebuying programs
Good Neighbor Next Door(formerly known as Teacher/Officer/Firefighter Next Door)

5. Shop for a home
Wish list- what features do you want?
Home-shopping checklist– take this list with you when comparing homes
"Fixer-Uppers - home purchase and repair programs
Manufactured (mobile) homes
Build a home


6. Make an offer
Making an offer

7. Get a home inspection
For Your Protection Get a Home Inspection
10 Questions to ask a home inspector

8. Shop for homeowners insurance
Homeowners insurance
12 ways to lower your homeowners insurance costs

9. Sign papers
You're finally ready to go to "settlement" or "closing." Be sure to read everything before you sign!
Settlement Costs and Helpful Information

 

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