Experts recommend that you hire an agent to help you with the process of buying a home. You should choose a competent agent to ensure that you secure a great deal. However, it does not mean that you cannot buy a home without getting help from a real estate agent. You simply need to know the steps to follow, and you will be able to get your dream home. Below are the main steps that should guide you.

Steps to follow when buying a home

Get a mortgage preapproval


You should ensure that you secure the financing for your new home before you go shopping for it. If you intend to pay for the house fully using cash that you already have, then you can go ahead and look for the home to buy. If not, you should get a mortgage pre-approval which shows the exact amount of loan that you are qualified for. It will help you know the type and size of the house that you can afford to buy. It will also help quite a lot when you begin negotiating with the seller.

Shop for a house

Given that you are not working with a realtor, you will have to go out of your way to find houses that have been listed for sale. You can find the relevant information from a variety of sources including real estate magazines, local newspapers, real estate websites, and online on classified sites. You can also drive through the neighborhoods where you might wish to buy the house, looking for FSBO signs that have the seller’s contact information. Once you get a house that you are interested in, contact the owner and ask any question that might help you in your decision-making.

Decide which options are best for you

ytghjgytgihujtugyhuOnce you have the potential houses to buy, you need to decide on which one to go for. Many factors will influence your decision, the main ones being location and price. Some of the ways that you can determine the value of a home without the help of a realtor are by hiring an appraiser for property evaluation, using home value tools on the internet, or through a comparative market analysis.

Actualize the deal

The final step is to make an offer to the seller and go through the negotiation process. Once you have a deal, hire a real estate lawyer to take care of all the legal work, including drafting the legal documents such as sales contract.…