
Buying a home can be a daunting task. Because, most people only buy a home once every few years (
or longer), we wanted to take the time to remind you of the steps involved in buying a home. This way, you can feel like
you have some control of this home buying process.
We have identified eight steps to buying a home. These are:
1. Decide to buy a home.
2. Find a great real estate consultant.
3. Secure financing
4. Find your dream home.
5. Make a written offer and negotiate the price.
6. Open an escrow account. (Earnest Money)
7. Have a home inspection.
8. Sign the final documents, get the key, and move into your new home.
Step 7, have a home inspection. The purpose of a home inspection is to protect you from buying a home that may have serious hidden structural problems or defects. I have written about this a number of times in the past. Rather than rehash all of the previous posts, I will just link to them here:
- Popeye says "Get A Home Inspection!"
- Birmingham Alabama Home Buying Process: Seventh is the Home Inspector and Who Are All These Other People?
- An Optical Octopus Illusion Illustrates the Need for a Home Inspection
Once you have had a home inspection and have worked with the seller to see what you are going to have repaired or replaced, it is time to get ready for step # 8. Prepare to sign the final documents at closing, get the keys to your new home, and move in!_______________________________________________________________________________________________________
Jason Secor & Stephen Wolfe
Living In Greater Birmingham
Your Guide To Living In Greater Birmingham
Greater Birmingham Real Estate Resources
Good post. A home inspector will inspect all the major components of the home: Structural, exterior, roofing, plumbing, electrical, heating, air conditioning, interiors, insulation and ventilation, and fireplaces and solid fuel burning appliances.
For more infromation on what should be inspected and what limitations are present, you can view the Standards of Practice of the American Society of Home Inspectors (ASHI) and National Association of Home Inspectors (NAHI), or local state licensing board (if applicable) on the internet at:
www.ashi.org
www.nahi.org