Home Buying in 6 Steps

How do I buy a home from start to finish?

Buying a home is a big deal—but it doesn’t have to be a confusing one. Whether you’re a first-time buyer or just need a refresher, here are six simple, strategic steps to guide you through the process—from finding an agent to settling into your new home.

Step 1: Get Ready for Homeownership

Start by getting your finances in shape:

• Build your credit and avoid large new debts
• Save for a down payment (10–20% is common, though FHA loans may require less)
• Budget for closing costs, utilities, and future monthly expenses

It’s also a good time to talk to a lender about mortgage pre-approval and loan types that fit your situation.

Step 2: Find a Real Estate Professional

Ask friends, family, or coworkers for referrals—or look for experienced agents online. When interviewing agents:

• Ask about buyer representation agreements
• Be clear about your needs, timeline, and expectations
• Choose someone you trust to advocate for your interests

Step 3: Find the Right Property

Your agent will help you search for homes based on your must-haves and budget. Think about:

• Neighborhoods, schools, walkability, commute
• Monthly payment comfort zone
• Hidden costs like HOA fees or property taxes

Step 4: Finance the Property

Once you’ve found the one, it’s time to work closely with your lender:

• Confirm loan terms and interest rate
• Have a licensed home inspection completed
• Conduct a title search and purchase title insurance
• Review all documentation carefully before signing

Consider hiring a real estate attorney to review your contracts if needed.

Step 5: Make an Offer

Your agent will help you prepare a competitive offer based on market conditions. Be ready to:

• Negotiate or make counter-offers
• Keep your credit stable until after closing
• Move on if an offer isn’t accepted—it’s part of the process

Step 6: Closing & Life After the Big Purchase

After your offer is accepted and paperwork is finalized:

• Set up homeowner’s insurance and any required specialty coverage (flood, fire, etc.)
• Keep all closing documents and warranties organized
• Schedule utilities, moving day, and any minor home updates
• Get to know your new neighborhood and community

The home buying process can feel overwhelming—but with the right plan, it becomes completely doable. If you follow these six steps, you’ll be better prepared to make smart decisions and enjoy the excitement of homeownership.

Want a Home Buying Guide Personalized to You?

Schedule a consultation with Cathy Carter at Carter Signature Properties. I’ll walk you through every step and help make your home buying journey smooth, informed, and successful.