1) Get a free copy of your credit report. Visit annualcreditreport.com
2) Know your rights. Visit HUD.gov
3) Research mortgage companies. Shop around for the best interest rates.
4) Know what loans are available for first-time homebuyers.
5) Get pre-approved.
6) Calculate your own budget to see how much you can afford.
7) Define your wants and needs in a house – new construction vs. resale.
8) Check out the local school districts.
9) Narrow down the area you want to live in.
10) Start looking at homes.
11) Talk to the neighbors in the areas you are looking.
12) Get a copy of the local crime report for your neighborhood.
13) Pick a REALTOR®.
14) Check comparable sales in the neighborhood.
15) Make an offer.
16) Start negotiating; be prepared to walk away if you don’t get what you want.
17) Have your REALTOR® ask for the seller to purchase a home warranty.
18) Get the home inspected; know what to look for at your home inspection.
19) Sign the contract.
20) Apply for homeowner’s insurance.
21) Set a closing date and know what the closing costs will be.
22) Do a final walk-through of the home.