Steps to Buying a House

Six Practical Home Buying Tips

Bank of Internet USA presents six simple steps to buying a house that will make your homebuying experience much easier. Learn how to get pre-qualified for a mortgage, find the home that's right for you, do a home inspection, and finance the home of your dreams.

Six Basic Steps to Buying a Home

  1. Get prequalified or .
  2. Carefully consider the location of where you want to purchase your home,
  3. Know your budget. Our estimate your future mortgage payments.
  4. Negotiate your price.
  5. Know your must-haves.
  6. Complete a home inspection.

Call 1.888.546.2634 to speak to a knowledgeable Bank of Internet USA Mortgage Consultant who will create a home loan that is just right for you.

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Location Does Matter When Buying a Home

The old home-buying adage "location, location, location" is actually true. Location is crucial in buying a home. Look for a neighborhood close to work, school, and other regular commutes. The quality of school districts may be an important factor for you to consider, as well proximity to shopping, entertainment, and other social and commercial outlets that are important to you.

Examine the House Carefully - Not All Repairs Are Equal

Just about every home you tour will have some issues, but not all are obvious to the untrained eye. Completing a home inspection while in escrow can help to ensure that even less obvious issues are identified. A few key items to pay particular attention to while buying a home are:

  • Roof damage/age of roof

  • Heating and cooling systems

  • Plumbing/water damage

  • Termites

  • Dry rot

Uncovering elements of a house that are in need of repair is . Not only will it give you the opportunity to negotiate with the seller to make necessary repairs before closing, it can also prepare you for any future costs that may come up after you buy the home.

Helping You Through the Home Financing Process


Buying a home is one of the most important financial decisions you’ll ever make. At Bank of Internet USA, we will gladly . In fact, there’s nothing that makes us happier than seeing you find just the right house, then matching it with the perfect home loan to fit your needs.

 

If you are thinking buying a new home in the upcoming 3 to 6 months, contact one of our Mortgage Consultants today. He or she can help you prepare for your purchase when the time is right, , and initiate .

In the course of buying a home, there are certain considerations that can make the process far more successful and help make your home-ownership dreams a reality.

Inspect the Lot

Make sure you take the time to walk around the lot of the prospective home. Look for things like shared driveways with neighbors, poorly built or positioned fences, or old trees that may need to be taken down. Find out if you’d be buying a home in an area common for floods or wildfires.

Know Your Home Buying "Must-Haves"

Decide ahead of time which features you absolutely need in a home. These are the "must-haves" that you know must be in place in order to be willing to buy a house. Think about the uses of your home and the things required for your specific lifestyle--storage, a big kitchen, and room for a pool table or other large possessions. Also consider an extra room for family or guests, a playroom, and any other needs for extra space. Focusing solely on practical concerns at the expense of such "must-haves" is .

The Insulation Investment

When buying a home, it’s wise to look for houses with proper insulation. Being comfortable in your home is important, and insulation plays a key role in this. Also, double-paned windows make a big difference in heating and cooling efficiency and can really save you money in the long run. Not to mention, they help keep out noise, ensuring a more quiet, comfortable place to live.

Buy Your Home with Confidence

for a home loan from one of our Mortgage Consultants is a key step to buying a home with confidence. Getting pre-approved on a mortgage before you shop for a home gives you confidence and adds negotiating power to your offer. Once you find the home that is right for you, we will work closely with you to pair you with the ideal home loan, carefully explaining the , and walk you through every remaining step of the home buying process.