Scenario 01
If this is your first purchase
The part that surprises most first-time buyers is not the price of the house, it is the sequence and the timing of the money. A pre-approval is a lender's opinion based on what you told them, not a commitment, and it can move once underwriting looks properly at your file. Earnest money is due early. Inspection costs money whether or not you end up buying the house. Closing costs are real and they are separate from your down payment.
None of that is a reason not to buy. It is a reason to know the order of events before you are inside them, because the pressure in a purchase always arrives at the same time as a deadline.
We will walk you through what happens and when, in plain language, as many times as you need to hear it. Asking the same question twice is not a problem.
Talk to us about buying