First Time Homebuyer’s Guide
What to expect from this guide:
This First Time Homebuyer’s Guide will give you the information and tools
you need to make an informed and responsible homebuying decision. This
hands-on workbook provides examples and worksheets to guide you through
the entire homebuying process.
The information in this guide will help you know who to ask, what to ask, and
what to do every step of the way.
This guide will help make your homebuying experience exciting and
Overview of the Buying Process
Generally, there are four stages in the buying process.
- The first person that you need to speak with is a Mortgage Agent at The Mortgage Advisors who can explain the mortgage process and let you know your maximum purchase price and lock in a rate for up to 120 days.
- Next, you need to choose a realtor to help you find a suitable home.
Realtors will help you find a home, negotiate and write up an offer to
- The next step is to have the home inspected to make sure you
understand the condition of your home and can anticipate any upgrades
or repairs. A certified home inspector can perform this inspection for
- The last stop is at the lawyer’s or notary’s office. They will handle all the
legal aspects of the purchase and ensure that your transaction closes