For Dummies: Home Buying Process

Before looking at houses, you must know what you can actually afford.

dummies.com/book/home-auto-hobbies/home-ownership-renting/home-buying-kit-for-dummies-7th-edition-282277/">mortgage calculator to help you estimate your monthly payments? The Buying Process

: Don't just borrow the maximum a bank offers. Factor in property taxes, insurance, and maintenance. 2. Build Your Team and Get Pre-Approved (3 Months Out) home buying process for dummies

: These protect you. For example, an inspection contingency lets you back out if the house has major hidden issues. 5. Closing the Deal (1 Month Out)

: A pro checks the roof, plumbing, and structure for red flags like mold or water damage. Before looking at houses, you must know what

: Your last chance to ensure the seller made agreed-upon repairs and hasn't left any surprises.

: You'll need cash for a down payment (often 3–5% for beginners) and closing costs (typically 2–5% of the home price). Factor in property taxes, insurance, and maintenance

Once an offer is accepted, you enter "escrow," a period of final checks.