You have new items in your feed. Click to view.
Question and answer
List three steps in buying a home. What are some important points to consider in your purchase?
Three steps in buying a home include having a home inspection done, obtaining pre-approval for financing, and obtaining comparable sales prices (comps) in the area you want to buy in order to make sure you're not offering too much. [ There are many things to consider when making a decision about which home to purchase, including the quality of the neighborhood or other surrounding area, the
quality of the schools in the area if you have children, any maintenance issues the home you're interested in may have, the age of things like the roofing, the water heater and the furnace. Pay attention to things like common noise in the area (ie. if the home is in a flight path, near a railroad crossing). Consider how much of a monthly payment you can afford when it comes to obtaining a loan. ]
Expert answered|ramkitten|Points 387|
Asked 8/19/2010 9:12:58 AM
Updated 8/19/2010 10:09:40 AM
1 Answer/Comment
Get an answer
New answers

There are no new answers.

I can give you 11:

Step 1, Get Your Finances in Order
Step 2, Get Familiar with the Mortgage Industry
Step 3, Get Pre-Approved for a Mortgage
Step 4, Determine Your Wants and Needs
Step 5, Learn to Work with Real Estate Agents
Step 6, Start Searching for a Home
Step 7, Handle Pre-Offer Tasks
Step 8, Make an Offer
Step 9, Home Inspections and Other Tests
Step 10, Avoiding and Correcting Last Minute Problems
Step 11, You're on the Way to Closing

Important tips can be found on this link as well:
Added 8/19/2010 10:09:40 AM
Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
other costs that may need to be factored in when comparing the cost to rent versus buying?
Not Answered
Updated 8/19/2010 1:33:26 PM
1 Answer/Comment
When you buy a home, if you have a mortgage, you have to factor in the interest on that loan, mortgage insurance, and points. You also have to consider the cost of household maintenance. While some maintenance costs do fall under tenant obligation when renting, maintenance on the building and much of the interior maintenance will be paid by the landlord.
Added 8/19/2010 1:33:26 PM
It is not uncommon for car loans to be financed up to 72 months which will result in lower monthly payments. Is this necessarily a good option? Why or why not?
Not Answered
Updated 8/19/2010 1:30:15 PM
1 Answer/Comment
Financing a car for up to 72 months is a good option for those who cannot afford the higher monthly payments on a shorter-term loan, but on the down side, you'll pay more over the life of the loan.
Added 8/19/2010 1:30:16 PM
26,568,744 questions answered
Popular Conversations
Which of the following technologies was NOT created during World War ...
Weegy: B. antibiotics User: Which of the following terms could be applied to the United States during the Cold ...
12/5/2016 2:17:21 PM| 2 Answers
What was the first major conflict of the Cold War? A. the Korean ...
Weegy: The Berlin Blockade was the first major conflict of the Cold War. User: What was the official U.S. policy ...
12/5/2016 2:31:40 PM| 2 Answers
Which three nations were the major Allied Powers by ...
Weegy: Operation Overlord is: the code name for the Allied invasion of Normandy. User: What action did Hitler ...
12/5/2016 7:11:23 AM| 1 Answers
What were the “Fireside Chats”? A. town hall meetings that FDR held ...
Weegy: D. radio addresses in which FDR spoke directly to the American people User: Why were FDR's first hundred days ...
12/5/2016 7:15:30 AM| 1 Answers
Which of the following is an implied diplomatic power of the ...
Weegy: The answer is all of the said duties. User: Which of the following is not a presidential legacy of George ...
12/5/2016 7:01:03 AM| 1 Answers
Weegy Stuff
Points 178 [Total 450] Ratings 1 Comments 168 Invitations 0 Offline
Points 38 [Total 717] Ratings 0 Comments 38 Invitations 0 Offline
Points 34 [Total 466] Ratings 0 Comments 34 Invitations 0 Offline
Points 28 [Total 28] Ratings 0 Comments 28 Invitations 0 Offline
Points 16 [Total 292] Ratings 0 Comments 16 Invitations 0 Offline
Points 10 [Total 32] Ratings 0 Comments 0 Invitations 1 Offline
Points 8 [Total 8] Ratings 0 Comments 8 Invitations 0 Offline
Points 0 [Total 0] Ratings 0 Comments 0 Invitations 0 Offline
Points 0 [Total 0] Ratings 0 Comments 0 Invitations 0 Offline
Points 0 [Total 0] Ratings 0 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.