An Easy Step-By-Step Guide to the Home Buying Process

Dated: 06/15/2018

Views: 189

Want to sell your home?  Get a FREE home value report.
Want to buy a home? Search all area homes.

If you’re buying a home for the first time, there are several steps to the process that you should expect to take.

First, you’ll meet with a reputable lender and make sure you’re pre-qualified. This will help you understand your buying power so you don’t end up spending more than what you want or need to for your home. If you don’t know a reputable lender, just ask your agent and they’ll refer you to one.

Being pre-qualified also allows you to hyperfocus your search energy to find the home you want, which brings us to the next step: having your agent set you up with a specialized home search. This step is important because in a competitive market like ours, if a property comes along that’s a perfect fit for you, you need to act quickly.

Once you’ve found a home and you’re under contract for it, it’s time to order an inspection for that home. The inspection gives you an opportunity to learn the ins and outs of the property and make sure there are no concerns with it. If concerns do arise, you can address them to the seller and discuss how they can be taken care of so you can move forward with the transaction.

Next, you’ll go through the underwriting process and get your loan secured. During this time, an appraisal will also be ordered for the home to ensure that it’s properly valued and everything can proceed toward the closing.

Once the closing is finished, the home is all yours!

If you have any more questions about the home buying process or you have any other real estate needs, don’t hesitate to reach out to me. I’d be glad to help you.

Blog author image

Luke Angerhofer

Luke Angerhofer is the founder of and active real estate agent at Prestigio Real Estate and the President of Grail Capital. He is a former appraiser and active investor which has allowed him to garner....

Latest Blog Posts

The Formula for Real Estate Investment

How do you get started in real estate investing and grow your portfolio in a quick manner? Let’s assume you have just enough capital to buy one property. How do you steward that money? 

Read More


NEW LISTING! We just listed this stunning Old Town condo. Check it out! hashtag Located in Old Town proper, this contemporary, newly-constructed condo offers unique and stylish design custom.

Read More


SOLD! We have this lovely home under contract! Just one weekend on the market with multiple offers. Our seller accepted one for $15k over asking!!!;

Read More


CLOSED! We closed this Fort Collins property with our sellers on Friday!

Read More