This handy little infographic outlines the steps to home ownership in a fun to read and understand graphic.
- Start saving for a down payment
- Make sure you have a good credit score
- Get Pre-Approved
- Find a Great Real Estate Agent
- Start Looking at Homes
- Make an Offer
- Close Escrow
A side note: at the beginning of the decision tree, the graphic asks if you have 5% down payment… any first time home buyer should answer that question YES as there are potential government programs that you may qualify for that will relieve you of the burden of having to having to say no to that question.