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Homebuying checklist to help you navigate the homebuying process:

1. Determine Your Budget
Review your finances and determine how much you can afford to spend on a home.

Use this rule of thumb: don’t offer on a house that is more than 3-4 times your annual income. So if your combined annual income is $50,000, then you ought to look for a house between $150,000 and $200,000.

2. Get Preapproved
Get pre-approved for a mortgage to better understand your budget and streamline the homebuying process. The lender will provide you with a pre-approval letter that will be required before you make an offer.

3. Research Neighborhoods
Research neighborhoods that fit your budget and lifestyle.
Consider factors such as schools, transportation, and amenities.

4. Find a Real Estate Agent
Work with a trusted real estate agent to help you find properties that fit your needs and budget. Most lenders have agents that they work with so ask your lender for a referral.

5. View Properties
Visit open houses and schedule private showings to view properties that fit your criteria.

Take notes and photos to help you remember each property.

6. Make an Offer
Work with your real estate agent to make an offer on a property that fits your needs and budget.

Negotiate with the seller to reach a mutually agreeable price and terms.

7. Inspect the Property
Schedule a home inspection to identify any potential issues with the property.

Review the inspection report and work with the seller to address any issues that are identified.

8. Secure Financing
Work with your lender to finalize your mortgage and secure financing for your home purchase.

Review and sign all necessary documents, including your loan agreement and closing disclosure.

9. Close the Deal

Attend the closing to sign all necessary documents and finalize your home purchase.

Pay closing costs and make any necessary down payments.

10. Move In!

Celebrate your new home and start the process of moving in.
Change your address and set up utilities and other necessary services.

By following this checklist, you can help ensure a smooth and successful homebuying process.
Here are some helpful resources:

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