Hello Minnesota! There has never been a better time to buy a home than today. It may seem simple, but it's true. Historically low interest rates, vast supply, and a multitude of great deals including bank owned and short sale opportunities have driven prices down and made home buying more affordable than ever.
But where to begin? The home buying process may seem complicated and frustrating at times, but if you follow these simple steps, you will be well on your way with keys in hand, ready to open the front door of your new home!
Ten Steps to Buying a New Home:
- Figure out how much you can afford.
- Know your rights as a home buyer.
- Shop for a loan.
- Learn about home buying programs.
- Shop for a home.
- Make an offer.
- Get a home inspection.
- Shop for homeowner's insurance.
- Sign papers.
- Congratulations! You are a homeowner!
Over the next few weeks, I'll be posting easy to follow, detailed information that will help you in the home buying process from start to finish. We'll look at each step individually, and soon enough, you will learn how to make your dreams of home ownership, a reality! Looking forward to speaking with you soon! Ahmed Elbatrawy, REALTOR®