Your lender will require an independent value check to ensure the house is worth what you’re paying. 7. Closing Day
When you find "the one," your agent will help you determine a fair price based on "comps" (what similar homes nearby sold for). Don't be afraid to ask for a "seller concession" to help cover your closing costs if the house needs minor repairs. 6. The "Due Diligence" Phase how to buy my first home
You’ll sign a mountain of paperwork, pay your remaining down payment and closing costs, and finally receive the keys. Your lender will require an independent value check