You should have a stable work history of at least a year or more. Avoid making or co-signing on any major purchases until after you close on your home. Seek reliable lender for advice concerning improving your FICO score and debt to income ratio.
Sellers request that buyers provide an earnest money check as a good faith down payment when submitting a purchase agreement. The earnest money paid at the time of offer is applied towards from the down payment due at closing.
Real estate professionals strongly advise a home inspection, which should generally happen within days of submitting your offer.
In addition to the down payment, buyer should be prepared to pay some transactional expenses at the time of closing.
Buyers will pay policies up-front in full for annual homeowner’s insurance and home service contract policies at or prior to closing.
Make a list of your preferences and narrow your search to neighborhoods in which you can afford a range of options.