You can actually boil it down pretty simply

• Decide you want to buy a house

• Find a broker you click with, like, and trust (I know a guy)

• Get pre-qualified with a lender (I know multiple guys/gals)

• Do a pre-shopping consult (figure out what you need, want, and solidify what we are looking for)

• Go see some houses (This is the fun part!)

• Find a house you love

• Get a super in depth market analysis to know if the house is a good deal or not from me

• Make and get an offer accepted

• Start the inspection process

• Negotiate repairs, price reductions, etc

• Work with the lender to finalize the loan

• Close on your new house

• Move in!

As you can see there’s a lot of steps and a dozen smaller ones have been left out. It can feel overwhelming but I am here to make it a breeze

A lot of people think you still need 20% down. That probably made sense when houses cost a hand full of peanuts and whatever pocket change you had on you, but times have changed

Down Payment:

• First time home buyers: 3-4% of final purchase price, down payment assistance programs also exist to help reduce initial costs!

• VA Buyers: 0% federal VA loans allow VA buyers to put zero percent down!

• Existing Home Owners/Investment Properties: 5-25% this is the broadest category and most situation dependent, this is where a great Realtor comes in handy!

Inspections:

• Full Home Inspection: $350 - $750+ prices vary based on the size of the house and any additional selected inspections like sewer scope, most homes will be around $450 - $600

• Termite and Pest Inspection: $100 - $200 mostly varies on the size of the home, most homes will be around $120

• Misc Additional Inspections: $100-$500 while a full home and termite inspection is recommended for all properties sometimes we do additional inspections such as septic, well, under slab duct work, pool equipment etc

Appraisal: $350-$700 depending on lender

Lender Closing Costs: $1000-$1500 depends on the lender, sometimes can be reduced or rolled into the loan