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Preparation and Pre-Approval:

Financial Preparation: Assess your financial situation, including savings, credit score, and budget.

Mortgage Pre-Approval: Obtain pre-approval for a mortgage to understand how much you can borrow. This involves providing financial documents to a lender who evaluates your creditworthiness.

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Home Search and Offer:

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Inspection and Appraisal:

Home Inspection: Hire a professional inspector to evaluate the home's condition. The inspector identifies any issues or necessary repairs.

Appraisal: The lender requires an appraisal to determine the home's market value. This ensures the home is worth the loan amount.

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CLOSING

Final Walk-Through: Conduct a final walk-through to ensure the home is in the agreed-upon condition.

Closing Meeting: Sign all necessary documents, pay closing costs, and finalize the mortgage. Once completed, you receive the keys and become the official owner of the home.

Searching for Homes: Visit potential homes, attend open houses, and narrow down your choices based on your criteria.

Making an Offer: Once you find a home you like, make a formal offer. Your agent can help you determine a fair offer price and negotiate with the seller.

THE PATH TO HOME BUYING