This article is from our friends at the Zing! blog by Quicken Loans.
I wish I had this when I bought my first home.
I had no idea what I was doing. I literally had to trust everyone in the process to do me right. They did. It was awesome, but I don’t recommend that approach. It’s a little risky. And stressful.
There are so many things to consider when buying your first home. Do you need a real estate agent (I’ll go on the record and answer that with a firm “yes”)? How do you choose a neighborhood? How do you put in a fair and reasonable offer without paying too much? How do you get a mortgage? What type of mortgage should you get? Should you get a home inspection? How much money will you need once you own the home?
All great questions. All of which I had no idea how to answer the first time I bought a home.
But you, lucky reader, don’t have to be as ill-informed as I was. Nope. You can have those and many other questions answered by the new Home Buying 101 guide from the Quicken Loans Zing Blog. It’s the first in a series of guides for homeowners that will help you make important decisions, when you need to make them.
Home Buying 101 is offered as a Slideshare (below) and as a PDF that you can view, download and print, if so desired.
The beautifully-designed guide takes you through the entire process, from beginning to end, and includes all kinds of great info such as a first-time home buyer glossary, some quizzes to help test your knowledge, and even some common abbreviations used in the real estate industry.
The 2014 home buying season is just around the corner. As soon as our lovely nation thaws from the worst winter since the Ice Age (I’m looking out the window at snow piles that are taller than me), Americans will begin buying and selling homes like nobody’s business. Mortgage rates are still near historic lows and home values are on the rise across the country. It’s a perfect recipe for a great home buying season, and our guide will help you be prepared.
Check out our guide and let us know what you think. Did we miss something? Let us know and we’ll add it. We promise. Happy home hunting!