Moving Into Your Dream Home in 4 Steps

Buying a home is a daunting task. However, knowing the steps involved beforehand makes the process go more smoothly. The following are four basic steps involved in buying a home.

1. Get Pre-Approved for a Loan

First, you must have your finances in order. You will need income verification, bank statements and any other documentation requested by the lender. You will also need to verify your identity. With this information, the lender determines if you are eligible for a mortgage.

Once you know how much you are pre-approved for, take an honest look at your financial situation and determine how much you can afford to spend on a home. You may be pre-approved for more than you feel comfortable spending.

2. Find the Home and Make an Offer

Choose a real estate agent to help you find the home of your dreams. Let him or her know that you …