An easy-to-reference 12 step checklist to make your first time home buying experience in Jacksonville stress free.
Save - Down Payment - Closing costs - Escrow for insurance and taxes
Improve Credit Score* - Stay current on bills - No major purchases - Don't cancel any credit cards * Higher credit score = lower interest rate
Calculate What We Can Afford http://bankrate.com/calculators/mortgages/new-house-calculator.aspx
Get Mortgage Preapproval - Shop for the best deal. - Choose primary and backup lenders. - Mortgage advice - https://hud.gov/buying/booklet.pdf
Decide What We Want in Our Home - Checklist: https://hud.gov/buying/wishlist.pdf
Choose a realtor
Visit Homes - Take photos, make notes. - Home shopping checklist: https://hud.gov/buying/checklist.pdf
Narrow Choices - Visit neighborhood during day and at night to gauge traffic, noise, etc. - Test commute. - Consider resale value.
Make an Offer Common contingency opt-outs: - if home appraises for less than mortgage - if inspection reveals flaws owners won’t fix - if you lose your job before the deal closes
Schedule Home Inspection
Make Final Walkthrough - Test light switches, sockets. - Check that windows and doors work. - Test faucets, drains, toilets.
