The home buying process
Shopping for Your Home
Advantages of Home Ownership
- Mortgage principal payments are retained as equity in the home
- Long-term investment– value will most likely increase over time
- Deduct property taxes & interest payments from income tax
- Over time mortgage payments become cheaper in “real” dollars
Watch video from the U.S. Department of Housing and Urban Development. This video will help you with:
- Assessing how much of a home you can afford
- Working with a real estate agent
- what happens once you find the home you want to buy
Understand Your Budget
- Get a Realtor Loan Pre-Approval
- Home Search
- Full Loan Approval
- Make an Offer
- Home Inspection
- Get Home owners insurance and title insurance
10 Steps to Home Ownership
Learn more about whether you are ready to become a home owner by watching this informative Powerpoint presentation.