How The Home Buying Process Works -

: Your monthly home loan payment should not exceed 30% of your monthly income.

: Once you find a home, your agent helps you submit a formal offer. Sellers review these based on price and "financing strength". how the home buying process works

: Obtain a Decision in Principle (DIP) or pre-approval letter from a lender. This proves your buying power to sellers and identifies any credit issues early. 2. Searching & Selecting a Team : Your monthly home loan payment should not

Before looking at houses, you must establish what you can afford. how the home buying process works

: The lender orders a property valuation to ensure the home's worth matches the loan amount. Low appraisals or missing "comps" can delay the process.