Tips to Buy a Home/Appartment/land

[BRE SALAM SONY]

Tips and Steps  to Buy a Home

You'll do a lot of looking around, go through piles of paperwork, suffer through the loan process - and then hope the seller accepts your offer. Here are the broad steps you'll take.


Step 1
Figure out how much home you can afford. Consider a down payment, closing costs, mortgage, insurance and taxes.

Step 2
Decide where you want to live. Think about your commute to work, area schools, and resale value of the homes in various neighborhoods.

Step 3
Think about what kind of home you want. Do you want a newer home that requires little or no remodeling? Would you prefer an older home with character that might require some fix-up work? One story or two? Are you interested in a condo or townhouse?

Step 4
Start going to open houses to see what the market is like. The more homes you look at, the better idea you will have of what you can afford and what you do and don't like.

Step 5
Hire a real estate agent or attorney - depending on where you live - to

Step 6
represent you in buying a home. You can also choose to handle the transaction on your own.

Step 7
Find a lender, and get prequalified or preapproved for a home loan.

Step 8
Find the perfect home for you and make an offer.

Step 9
Open an escrow account - or have your broker do it - after your offer is accepted. The escrow office will perform a title search and see if there are any outstanding liens on the property.

Step 10
Hire an inspector to make sure the home is up to code and not in need of any repairs that the seller might be unwilling to pay for or that you could not afford.

Step 11
Hire a termite inspector to make sure the property doesn't have any pest or water damage.

Step 12
When you and the seller have come to an agreement on any repairs to be made and who will be responsible for paying for them, remove all inspection contingencies.

Step 13
Close escrow when all loan documents are signed, the title insurance policy is issued, all money is received by the escrow agent and all fees are paid.

Step 14
Move in!


Thanks

Any One can Known More Tips Please share with us
thanks


www.realestate-bd.com

[jafar_bre]

IT IS IMPORTANT FOR US  BUT IF YOU GET   MORE INFORMATIONS OF THIS  YOU MUST SHEAR US


THANKS BRO


JAFAR IQBAL

[BRE SALAM SONY]

THANKS
DEAR BROTHER
I WANT OT TRY TO SUPPORT MY LEVEL BEST.
BUT PLEASE GATHER MORE IDEA FOR OUR REAL ESTATE SECTOR.

THANKS

[ashiqbest012]

Thank you for your suggestion. When we go for buying home, we will consider those things.

[jafar_bre]

mr. ashiqbest,

we must consider this  because we are students of Real Estate


thanks mr.ashiqbest



JAFAR IQBAL

Department of REAL ESTATE