The ability to buy a house often depends on do you the home purchaser already own one?
Are you obligated to pay off, take care of a previous promised loan mortgage balance before adding a new one to your financial commitments? 
So financing a home, working with a bank lender is the all important first step.
Sit down at the table or get on the phone, text, visit with source of financing for a home.
Before signing a purchase sales agreement on one that would be a house that could satisfied your current real estate needs.
Or knowing the owner will finance the sale in monthly installments. That won't be so steep that they choke and can not keep up with the home loan amortization schedule.
The first step to buying a home is taking a couple backward to secure financing.
For the routine added to a home buyer's life when you direct deposit or sit down to write out, tear off another check for the monthly installment. To deliver to the mortgage holder on the house you hope to own free and clear someday. Or to replace as you work your way up the real estate ladder as your housing needs change.
Often a home buyer is surprised that there is something on their credit history ring loud or soft alarm bells.
Beyond the credit score number that they consider as everything. That credit number being high is great but not enough because lenders look at how much installment debt, your ratio of what you make, what you spend. On how long on the job, are you in the middle of a divorce, can you explain this charge off, past judgment on your credit history.
And this is before evening turning to the home, the real estate being considered for purchase. In front of the process of running the title at the local registry of deeds.
To run a check back into the chain of ownershipto the home to make sure it is squeaky clean.
Or that there are sufficient funds to clear the mortgage and get a discharge at the real estate closing if there are any liens or attachments. That would keep a bank mortgage lender from taking on this home loan. Holding the paper that secures the loan made against the collateral on the four walls,
The first hurdle unless you the buyer have cash squirreled away and can lay it down to purchase today, is financing. Read article on financing a Maine home, USDA, VA loans.
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