| One of the biggest investments someone makes | | | | get pre-approved for your mortgage. You don't |
| in life is becoming a homeowner. Buying a house | | | | want to make the eager seller wait for all the |
| may seem simple but once you start the process | | | | details of your mortgage to get finalized. Get that |
| it can become very overwhelming. With this | | | | done now so your contract doesn't get thrown |
| article I hope it will help you discover the tedious | | | | aside for someone's whose loan is ready. |
| process of buying a home in Oklahoma. | | | | Once you find the house you would like to |
| The first step you should take is to get | | | | purchase, sit down with your agent and write up |
| pre-qualified for a mortgage to find a ballpark | | | | a contract to purchase the property. This can |
| estimate of how much you will be able to afford | | | | usually be done in an hour or two. You will need |
| to pay for a house. Pre-qualified is not the actual | | | | earnest money to setup a contract. Earnest |
| loan amount, that will come later after all of the | | | | money is money that the buyer puts up as a sign |
| paperwork has been filled out. Once you find out | | | | of good will towards going through with the |
| the pre-qual amount you have an idea for a price | | | | purchase. This is usually under a thousand dollars. |
| range for house shopping. | | | | If the seller and their agent accepts the offer you |
| The next step is to get an idea of the real estate | | | | are good to go and you and your agent will setup |
| market value of the houses in your area. You can | | | | appointments for inspections and appraisals. If |
| search for a neighborhood you would like to live | | | | they don't accept the offer they will usually come |
| and find the perfect house. The internet is a great | | | | back with a counter-offer and then you counter |
| place for information and for information on | | | | their counter-offer and haggle your way into the |
| real-estate this is no exception. You can search | | | | house. |
| for houses in many places just do a search on | | | | After the inspections and appraisals are finished |
| Google for houses for sale in your city and you | | | | you need to get insurance put on the house. |
| will be bombarded with listings. | | | | Search for insurance or use the company that |
| Once you have an idea of the price, | | | | insures your vehicle(s). You can usually get a |
| neighborhood, and maybe some prospective | | | | discount for having a multi-line policy, that is an |
| houses call a real estate agent. I cannot stress | | | | insurance policy that has different types, lines, of |
| how much easier it is if you have an expert on | | | | insurance ie: auto and house. |
| your side. A real estate agent knows all the | | | | Then, after everything has been completed it's |
| details of contracts, what to look for at | | | | time for closing. Closing, you will notice, is one of |
| prospective houses and has a plethora of | | | | the most tedious tasks you could go through. You |
| contacts for inspections and other necessary | | | | will sign your name what seems like a million times |
| items. So call or email an agent and make an | | | | saying that you understand that the title company |
| appointment with them and send them your | | | | is not responsible for anything. It will seem like |
| prospective properties and you an the agent can | | | | everything is your responsibility, but don't worry, |
| take a Saturday or two and find the perfect | | | | your real estate agent will point you in the right |
| house. | | | | direction and make it as pain free as possible. |
| In the meantime go through all of the steps to | | | | |