Many people try to start the home-buying process here; they see a house they love and want to purchase it. While this sometimes works, more often than not, smitten homebuyers realize they need to go back to complete the earlier steps in the home-buying process.
Additionally, when you start with the house search and work backwards, homes can often go off the market while you’re completing steps 1-4. While browsing homes immediately can be tempting, we recommend following these steps in order so that, once you find your dream home, you’ll be well-positioned to take action immediately.
When you find the home you want and you think you are ready to put an offer on it, you will want to make sure you have all the information you need to make a solid offer.
- Evaluate the neighborhood.
- Drive by the house at different times of the day.
- Examine how other houses in the neighborhood are maintained.
- Consider any potential traffic or other disruptive noise.
- Is there ample parking for you and visitors?
- Read the details in any Homeowner Association agreements (HOA fees and rules).
- Make sure to do a preliminary check of house details:
- Check the water:
- Does it have good pressure?
- How long does it take to get the water hot?
- Is it well water or city water?
- Turn light switches on and off.
- Open and close doors and windows to make sure they work properly.
- Review previous utility bill expenses.
- Consider the property tax bill.
At Arthur State Bank, our mortgage loan officers are available to guide you every step of the way with mortgage information personalized for your situation.
This is the fifth step in the First Time Home Buyer’s Road Map. Be sure to review the entire road map.