How to Buy a House – A 20-Point Guide to Home Ownership

By on May 27, 2013

Homeowner

Although the housing bubble was a contributing cause to the 2008 economic recession, thousands of people have taken advantage of low prices of homes, low interest rates, and the plethora of homes available on the market. Not to mention the various tax credits that have been offered to new home owners over the past few years. Are you considering buying your first home? Check out the following steps on How to buy a house – a 20-point guide to home ownership.

Getting Started

The first step to buying a home is determining whether home ownership is right for your lifestyle. The links below can help you make that decision!

8 Signs You’re Ready to Buy Your First Home

Things to consider before getting into the home-buying process.

Should You Buy a Home?

Take Kiplinger’s quiz to find out.

Tips for Preparing to Buy a Home in 2013

Before jumping on the home-buying bandwagon, check out these tips for entering the world of real estate in 2013.

Preparing to Buy a Home

Extensive, up-to-date information on preparing to buy a home, brought to you buy the realty insiders themselves.

Tax Benefits of Home Ownership

From mortgage interest to home repairs and closing costs, there are multiple tax benefits to be gained after purchasing a home.

Finding Your Dream Home

Now that you know you’re ready to own, your next step is finding the perfect place to call home. Searching for homes can be a daunting task, but with the help of these links and a great realtor, the process should go smoothly.

Tips for Buying a Home

As you prepare to scout out the housing market, run through these ten useful tips to make sure you’re ready.

Buying a Home

An extensive list of legal matters to consider prior to purchasing a home, brought to you by the U.S. Department of Housing and Urban Development.

Find a Superstar Real Estate Agent

To facilitate the home buying process, having a quality realtor at your side is your best bet.

Buying a Foreclosure? Watch Out for These 5 Landmines

Buying a foreclosure property can be enormously rewarding for first time homebuyers. Don’t get caught in these traps along the way.

How Your Smartphone Can Find Your Dream Home

Welcome to home buying in the twenty-first century: gone are the days of scouring paper ads and newspapers for potential homes to buy. It’s all about apps now.

Mortgages 101

So you found a home you’re thinking of buying. Time to get to the nitty-gritty side of home ownership and prepare your finances to take on a mortgage.

Mortgage Checklist

A simple, step-by-step guide to getting ready to take on a mortgage.

How to Boost Your Odds of Getting Approved for a Mortgage

Hundreds of thousands of people are turned down for mortgages each year. This article walks you through the process so you won’t become just another statistic.

5 Tips to Get a First Mortgage

Getting through the mortgage application process can be tricky, but Bankrate has some useful tips to simplifying the process.

Your First Home Purchase? Become an Informed Consumer

A thorough explanation of the financing options available to those seeking to buy a home, from traditional FHA loans to adjustable rate mortgages to conventional fixed rate loans.

5 Common Misconceptions about Mortgage Prequalification

Think you know a lot about the mortgage application process? Check out these five misconceptions before proceeding.

FHA Loan Requirements

A comprehensive guide on the ins and outs of the Federal Housing Administration’s loan requirements, limits, debt ratios, and credit issues.

Sealing the Deal

You’re almost there: you’ve found the home, qualified for the mortgage…now what? Make the down payment, sign on the dotted line, and personalize your new home because congratulations! It’s yours!

How Much Should You Put Down?

As you get ready to sign the contract and make the down payment, carefully plan out how much you’re putting down with the help of this article from Bank of America.

Top Ten Tips for Buying Your First Home

How Stuff Works presents solid advice to help you through the home buying and moving in process.

Simplifying for a Move

Simple Productivity Blog has some excellent tips for increasing efficiency and decreasing stress in the midst of a move.

7 Smart Steps Every New Homeowner Should Take

So you bought a home. Now what? Investopedia can help you decide where to go next.

Final Word

See? Home buying doesn’t need to be complicated. Yes, it does involve some initial research, but given the magnitude of this life change, the more you know, the better off you’ll be later down the road. Happy home buying!

Photo Credit: woodleywonderworks & Em Jay Bee

Kelly Kehoe

About Kelly Kehoe

Kelly Kehoe is a full time college student and personal finance writer. In her free time she competes in speech and debate and writes fiction. Follow Kelly @kellypkehoe or on Google+.

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