We all know how to purchase things but when it comes to buying a house or a home, we often end up making mistakes and they just sink into more problems and by the time you are buying the house, you have been conned, lost money and been duped into signing scams.

Most people just lack the knowledge, so without wasting time on banalities and the possible situations you may end up in if you are not careful, let’s get to the guidelines that will help you with the buying process. Remember,if you make good savings this will not be a problem.

  1. Check Your Credit Balances

When you look at your credit scores, they should be helping you in the process of buying the house and when you have better scores, you will get better interest and funding easily without jumping too many hoops.

Sometimes, they make mistakes and when this happens, you will be tasked with the work of coming up with your records to correct the errors made and get the accounts straight. That is if you are seeking funding to buy a home. But if you won the lottery.

How To Buy A House: The Ultimate Guideline

  1. Check The Prices and Budget

This one will depend on the amount of loan that you are getting and even if you don’t have much of an idea about where to find a house and how much it should cost you, you can always ask the bank lending you the money.

They will offer the best information that will guide you through getting a proper house with the best price tag.

  1. Find Down Payment

Here, you will be required to have plenty of money for the down payment so that you can book a house. This is important because when you have a down payment that is under 20% you will end up with mortgage insurance that is private.

  1. Have Money For Other Operational Costs

You will need to have money to pay the following people:

  • Inspection fees
  • Title deed fees
  • Attorney fees
  • Inspection fees
  • An appraisal fee

This amount can be more than you expect and you will need to have it all at ready so that when you start, you can do this all in one take.

How To Buy A House: The Ultimate Guideline Have Money For Other Operational Costs

  1. Get An Agent

Most of the people who put up their houses for sale will do so through an agent and this is why you will need to find an agent of your own to help with the process because you have to remember that the house you are buying doesn’t belong to the agent and he is looking for commission.

So, having someone whose allegiance is to you is a good way to go.

  1. Find A Home

Know where you want to live, what kind of house you want, the schools and other amenities nearby and finally the economic position of the neighborhood. This will make sure that the home you buy has actual value and if it comes to reselling it, you will find that the money you can get from that trade is high enough.

  1. Bidding And Contracts

When you are looking for a home, know that if it I available, you are not the only one who wants to buy it, there are other people making offers. So, if you want to get it, you will be bidding. This will be when the prices are set and when they seem right to you, draw a contract that explicitly defines the parameters of what you are getting into.

How To Buy A House: The Ultimate Guideline Bidding And Contracts

Some of the most important things you should consider are:

  • You will obtain a mortgage
  • You will be able to inspect the house 24 hours before closing
  • You will be able to inspect the home and see that it has nothing you don’t like

This will be the chance to make a show of good-faith. This will consist of up to 10% of the fee you will pay for the house.

  1. Get The Loan, Inspect And Close

This is the last phase where you obtain the loan after seeing that the house is valuable enough and that you like it. The inspection is done to look for any defects that it may have. Then, you close the deal by signing the contracts and finally when you have finished, you will be the owner of a home.

These are Just steps that you can follow, the process is a bit more complex and you will need to be aware of the pitfalls. Good luck getting a good home.

4.9/5 - (7 votes)


  1. Perfect article for someone like me who is a newbie in the game of real estate. I referred a number of websites but none of them furnished the complete information. These tips provide a summarized and accurate information for buying home. This has helped me to shortlist and evaluate properties as well.

  2. Sarah J. Alonzo

    My husband and I have been planning to buy a house before the year ends. This is a very big project and therefore needs a lot of tips here and there. When I came across this post, I must admit that I learned a lot. I am already sharing the tips with my husband.

  3. Now I have help and good tips to buy my dream house without making rookie mistakes.

  4. Laura Thompson

    My husband and I have been wanting to shift to a new house from a very long time. This program made it all a lot easier.

  5. Me and my family have really benefited from this system. When i got this system i never thought that it was going to work for us. We wanted to get our first house but we were worried that we would be conned. We decided to go for this system and i am so much happy it helped us.

  6. Betty Brockman

    Purchasing a house is an incredible accomplishment and one of the biggest steps you’ll take during your life. Though the process may seem overwhelming, breaking everything down will help you keep your head straight while hunting for the house of your dreams.

  7. When my wife and i wanted to buy a good house this one became very important. It is a program that has taught me so much. It is the reason i have a nice house now.

  8. In a perfect world, you would commit to buying a home and get mortgage pre-approval before stepping foot into your first open house. Obviously, it may be you didn’t realize you wanted to own a home until you see your dream home. Either way, shopping for a home can be a long and taxing experience.

  9. If you’re buying your first home, this guide may end up being your best resource as you navigate through the process of buying a house!

  10. Jim Thompson

    Be careful [not to] throw away money by purchasing if you think you might want to move soon.

  11. Francis McDonald

    Real estate agents can provide you with helpful information on homes and neighborhoods that isn’t easily accessible to the public.

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