PROFESSIONAL COURSES how to buy a house step by step for first time home buyer 5/5 (1)

How to Buy a House for First Time Home Buyers in 2021 84.99 €

URL

HTML code

author Udemy (65218 courses)

updated 03/01/2022

185 views

claim ownership

10 Proven and Simple Steps to Buying Your Dream Home From Start to Finish Without Hiring an Agent in Under Three Months

Lessons
1) 14 Advantages of Buying a House (Downloadable Infographics) 5 views link to external resource
2) Introduction How to buy a house introduction Best investments you can make in a lifetime Can you afford buying a house ? Best investments you can make in a lifetime Allotting around 32% of your entire gros ... 5 views link to external resource
3) When Should You Buy a House ? When should you buy a house ? Real estate follows certain market trends that influence the value of properties. Seller's market or Buyer's market Worst and best season for buyers 4 views link to external resource
4) Due Diligence Pays Due Diligence when buying a house Investigate the property Research is done even before the first offer is even made. Conducting property inspections and appraisals as well as doing environme ... 4 views link to external resource
5) Renting VS Buying Renting vs Buying a house, pros and cons of buying a home that you should consider: Pros Build up equity Tax breaks given to homeowners Your principal and interest payments the same for t ... 4 views link to external resource
6) Requirements to Buy a House Requirements to buy a house Ordering a free credit report Eliminate your consumer debts. Approach a lender. Determine the down-payment Get your pre-approval letter. 5 views link to external resource
7) Build Up Your Team Build up your team Real Estate Agent Mortgage Broker Real Estate Attorney Property Inspector Closing Agent 6 views link to external resource
8) Keep Yourself Protected Keep yourself protected when buying a house Fair Housing Act. Real Estate Settlement Procedures Act (RESPA). Borrower's Rights Predatory Lending 5 views link to external resource
9) Step 1 Action Steps and Resources 1 views link to external resource
10) Step 1 - 12 Frequently Asked Questions Should I (continue to) rent or buy? What are the advantages to renting or to buying? What are the disadvantages to renting or to buying? Where should I look? How much space do I need? How many ... 1 views link to external resource
11) Why Should You Get an Agent? Why should I get a real estate agent? Real estate agents earn a high commission Do you even need a real estate agent? Paperwork is usually very hectic Negotiating - an agent's strong po ... 4 views link to external resource
12) How Do You Get the Best Agent? How do you get the best real estate agent? Talk with the clients Look up the license CRS - Certified Residential Specialist ABR - Accredited Buyer's Representative SRES - Seniors Real E ... 4 views link to external resource
13) Selecting a Lender How to Select a house lander good broker will be able to find you a good lender lender with good credentials, a solid record, and proven ethics Senior Loan Officer Loan Advisor GFEs and T ... 5 views link to external resource
14) Step 2 Action Steps and Resources 2 views link to external resource
15) Step 2 - 11 Frequently Asked Questions Should I get my own agent (a buyer's agent)? Will I save money if I deal directly with the listing (the seller's) agent? Should I ask my family and friends for agent recommendations? Ho ... 3 views link to external resource
16) Types of Home Loans Types of Home Loans VA (Veterans Administration) Loans. FHA (Federal Housing Administration) Loans Conventional Loans Fixed vs Adjustable Rates 3 views link to external resource
17) Loan Durations- 15 years vs 30 years Loan Durations- 15 years vs 30 years 15-year loan allows you to pay your mortgages faster 3 views link to external resource
18) The Pre-Approval and Good Faith Estimate The Pre-Approval and Good Faith Estimate Good Faith Estimates Pre-Approval Letters 5 views link to external resource
19) Why Get Pre-approved? Why Get Pre-approved before buying a house? Significant difference between being simply pre-qualified and being pre-approved. Pre-qualification is nothing more than a verbal approval that gives ... 1 views link to external resource
20) First Time Homebuyer Programs First Time Homebuyer Programs You have never owned any real estate. You have not owned or have not had any ownership interest in your principal residence for the last three years. You meet the ... 1 views link to external resource
21) First Time Homebuyer Grants First Time Homebuyer Grants There are also specific grants that are given to first time home buyers, coming from Federal agencies. Unlike loans or mortgages, grants are not to be repaid. Usuall ... 3 views link to external resource
22) First Time Home Buyer Loans First Time Home Buyer Loans Just like in the programs and grants, first time home buyer loans are also meant to help make the entire process more accessible. While we have discussed some specia ... 1 views link to external resource
23) Step 3 Action Steps and Resources 1 views link to external resource
24) Step 3 - 11 Frequently Asked Questions What is a pre-approval? What is a pre-qualification? Is that different from a pre-approval? Should I get pre-approved or pre-qualified? What documents will the lender want? How long does it take ... 8 views link to external resource
25) How to Narrow Down Your Home Search How to narrow down your home search Even without the finances in question, there is always a certain difficulty when deciding to choose between one home to another. What more if you are given a ... 4 views link to external resource
26) Types of Home Status Types of Home Status Fixer-upper Foreclosure vs Short Sale Probate properties 12 views link to external resource
27) Previewing Homes for Sale Previewing homes for sale Three different ways that a buyer can view a home nowadays -- personally, through an open house; virtually, through the Internet; or vicariously, through the eyes of the ... 1 views link to external resource
28) Step 4 Action Steps and Resources 1 views link to external resource
29) Step 4 - 13 Frequently Asked Questions Do I select the homes to look at, or does my Realtor? I've found homes online that my agent says aren't available. Why is that? If I find a home on my own, is it OK to contact the listin ... 1 views link to external resource
30) Strategies to Lock Down the Ideal House Strategies to lock down the ideal house minimum of 10 properties personally: We have already discussed the different techniques you can use in order to narrow down your search for the ideal ho ... 2 views link to external resource
31) Types of Properties Single family house. Zero-Lot-Line Home. Patio Home. Villa. Cottage Cabin Multi-family Housing Duplex, Triplex, and Quadruplex. Townhouses Apartment Housing Cooperatives 3 views link to external resource
32) Top 5 Mistakes to Avoid when Shopping for a House Top 5 Mistakes to Avoid when shopping for a house Buying with the intention of moving Putting down a nominal downpayment Never forget to put everything into paper Never be too complacent Bra ... 1 views link to external resource
33) Step 5 Action Steps and Resources 2 views link to external resource
34) Step 5 - 15 Frequently Asked Questions What's a condo? What's a coop? What's the difference between a condo and a coop? What are the advantages and disadvantages of buying a townhouse? What are the advantages and disad ... 1 views link to external resource
35) Submitting the Loan Application Submitting the Loan Application When applying for a loan, you will be asked several questions and asked to file a lot of documents. It may actually feel like the most complicated financial task ... 2 views link to external resource
36) Home Loan Processing Home Loan Processing During the processing of the loan, the verification is performed. This is the most significant part of the entire application, when the lender checks the validity and authent ... 1 views link to external resource
37) Loan Underwriting Home Loan Underwriting The loan underwriting process is initiated once the lender has verified that all the paperwork has been completed. The underwriter is an agent from the lending party, whose ... 9 views link to external resource
38) Step 6 Action Steps and Resources 1 views link to external resource
39) Step 6 - Frequently Asked Questions How long does it take to get the mortgage if I was pre-approved? How long does it take to get the mortgage if I was not pre-approved? If I've been pre-approved by one lender, can I go to anot ... 1 views link to external resource
40) Things to Consider Before Making an Offer Things to consider before making an offer What things should you consider? What are your long-term goals? How much (and what type of) mortgage do you qualify for? How much cash do you have on ... 1 views link to external resource
41) Home Buying Negotiation Tips Home Buying Negotiation Tips gazumping gazundering 1 views link to external resource
42) Contingencies For the Home Purchase Contingencies for the home purchase The standard contract will always include different conditions that have to be met before the closing takes place. This covers issues like inspections, insura ... 1 views link to external resource
43) Making the Counteroffer Making the Counteroffer Since negotiation is a matter of convincing the other party, learning how to break a stalemate through a counteroffer is an essential skill. Technically, a counteroffer i ... 3 views link to external resource
44) What Now When the Offer is Accepted? What now when the offer is accepted? Signing the contract. Pre-inspection agreement. Making an “earnest money” deposit. Involving the Title Company, and getting a Title Policy Survey t ... 1 views link to external resource
45) Step 7 Action Steps and Resources 3 views link to external resource
46) Step 7 - 12 Frequently Asked Questions Should I offer the listing price for the property? What's considered a “low ball” offer? When I'm buying a house, do the appliances come with it? How do I know what repairs the hous ... 2 views link to external resource
47) Why you Need Home Insurance? Why you need Home insurance? With all the safety tips we have discussed so far, you would think that you are already perfectly covered. There is the title insurance, a home warranty, and others. ... 2 views link to external resource
48) What Does Home Insurance Cover ? What does Home Insurance Cover? Coverage for interior and exterior damage Coverage for loss or damage of personal belongings Coverage for damage caused by you or family members. Coverage for ... 2 views link to external resource
49) The Impact on Premium When Filing a Claim The Impact on Premium when filing a claim The most part, homeowners would rush to the insurer's office to file for such a claim. However, it will be in your best interest to think twice abo ... 2 views link to external resource
50) Step 8 Action Steps and Resources 1 views link to external resource
51) Step 8 - Frequently Asked Questions Are different companies all going to charge me the same amount? My real estate agent recommended an insurance company. Is that good, or is my agent just getting a kickback for the recommendation? ... 2 views link to external resource
52) Home Closing or Settlement Process Home Closing or Settlement Process Closing or “settlement” as it is known elsewhere is used to denote a point in time when the title to the property is transferred to you, the buyer, and a m ... 9 views link to external resource
53) The Home Inspection - What does it cover? The Home Inspection: What does it cover? The home inspection process is a visual one. It looks at the structure and components that may not be performing correctly or those that may be potential ... 2 views link to external resource
54) Issues During Home Inspection Issues during Inspection? Roofing problems. Leaking windows, inefficient doors Bad grading and drainage Cracked or sinking foundations, termite-damaged or rotting floors, and falling windows/ ... 2 views link to external resource
55) Renegotiating Renegotiating Home Price How exactly does one renegotiate the price when significant physical problems are found with the property? 1 views link to external resource
56) Step 9 Action Steps and Resources 2 views link to external resource
57) Step 9 - 11 Frequently Asked Questions Do I choose the settlement company, or does the seller? If I choose, how do I decide on a company? I've heard of doing a final walk-through of the house the morning of closing. Why do people ... 1 views link to external resource
58) Getting the Keys and Moving In Getting the keys and moving in your new house 2 views link to external resource
59) Home Maintenance Checklist (Monthly, Quarterly, Biannually) Home Maintenance checklist (Monthly, Quarterly, Biannually) Monthly Inspect, and even change out the HVAC filters when needed Clean the kitchen sink disposal Clean the range hood filters ... 1 views link to external resource
60) Maintenance checklist by Season (Spring, Summer, Fall, Winter) Home Maintenance checklist Annually by Season (Spring, Summer, Fall Winter) 3 views link to external resource
61) The Mortgage Payment, Explained The Mortgage Payment, Explained The Principal The Interest The Tax The Insurance 1 views link to external resource
62) Biweekly vs Monthly Mortgage Payment Biweekly vs Monthly Mortgage Payment Talking about the mortgage price and duration, you might have received a note from your mortgage providers that you will be able to chop off from six to eig ... 2 views link to external resource
63) Step 10 Action Steps and Resources 14 views link to external resource
64) Step 10 - 10 Frequently Asked Questions When can I move into my new home? Should I have all the locks changed? When do I contact the utility companies about switching the utilities over to my name? How do I find out about things like g ... 1 views link to external resource
65) Certificate of Completion Sample 1 views link to external resource

Add this course to your bookmark

How to Buy a House for First Time Home Buyers in 2021 84.99 €

Lessons

How to buy a house introduction Best investments you can make in a lifetime Can you afford buying a house ? Best investments you can make in a lifetime Allotting around 32% of your entire gros ...

When should you buy a house ? Real estate follows certain market trends that influence the value of properties. Seller's market or Buyer's market Worst and best season for buyers

Due Diligence when buying a house Investigate the property Research is done even before the first offer is even made. Conducting property inspections and appraisals as well as doing environme ...

Renting vs Buying a house, pros and cons of buying a home that you should consider: Pros Build up equity Tax breaks given to homeowners Your principal and interest payments the same for t ...

Requirements to buy a house Ordering a free credit report Eliminate your consumer debts. Approach a lender. Determine the down-payment Get your pre-approval letter.

Build up your team Real Estate Agent Mortgage Broker Real Estate Attorney Property Inspector Closing Agent

Keep yourself protected when buying a house Fair Housing Act. Real Estate Settlement Procedures Act (RESPA). Borrower's Rights Predatory Lending

Should I (continue to) rent or buy? What are the advantages to renting or to buying? What are the disadvantages to renting or to buying? Where should I look? How much space do I need? How many ...

Why should I get a real estate agent? Real estate agents earn a high commission Do you even need a real estate agent? Paperwork is usually very hectic Negotiating - an agent's strong po ...

How do you get the best real estate agent? Talk with the clients Look up the license CRS - Certified Residential Specialist ABR - Accredited Buyer's Representative SRES - Seniors Real E ...

How to Select a house lander good broker will be able to find you a good lender lender with good credentials, a solid record, and proven ethics Senior Loan Officer Loan Advisor GFEs and T ...

Should I get my own agent (a buyer's agent)? Will I save money if I deal directly with the listing (the seller's) agent? Should I ask my family and friends for agent recommendations? Ho ...

Types of Home Loans VA (Veterans Administration) Loans. FHA (Federal Housing Administration) Loans Conventional Loans Fixed vs Adjustable Rates

Loan Durations- 15 years vs 30 years 15-year loan allows you to pay your mortgages faster

The Pre-Approval and Good Faith Estimate Good Faith Estimates Pre-Approval Letters

Why Get Pre-approved before buying a house? Significant difference between being simply pre-qualified and being pre-approved. Pre-qualification is nothing more than a verbal approval that gives ...

First Time Homebuyer Programs You have never owned any real estate. You have not owned or have not had any ownership interest in your principal residence for the last three years. You meet the ...

First Time Homebuyer Grants There are also specific grants that are given to first time home buyers, coming from Federal agencies. Unlike loans or mortgages, grants are not to be repaid. Usuall ...

First Time Home Buyer Loans Just like in the programs and grants, first time home buyer loans are also meant to help make the entire process more accessible. While we have discussed some specia ...

What is a pre-approval? What is a pre-qualification? Is that different from a pre-approval? Should I get pre-approved or pre-qualified? What documents will the lender want? How long does it take ...

How to narrow down your home search Even without the finances in question, there is always a certain difficulty when deciding to choose between one home to another. What more if you are given a ...

Types of Home Status Fixer-upper Foreclosure vs Short Sale Probate properties

Previewing homes for sale Three different ways that a buyer can view a home nowadays -- personally, through an open house; virtually, through the Internet; or vicariously, through the eyes of the ...

Do I select the homes to look at, or does my Realtor? I've found homes online that my agent says aren't available. Why is that? If I find a home on my own, is it OK to contact the listin ...

Strategies to lock down the ideal house minimum of 10 properties personally: We have already discussed the different techniques you can use in order to narrow down your search for the ideal ho ...

Single family house. Zero-Lot-Line Home. Patio Home. Villa. Cottage Cabin Multi-family Housing Duplex, Triplex, and Quadruplex. Townhouses Apartment Housing Cooperatives

Top 5 Mistakes to Avoid when shopping for a house Buying with the intention of moving Putting down a nominal downpayment Never forget to put everything into paper Never be too complacent Bra ...

What's a condo? What's a coop? What's the difference between a condo and a coop? What are the advantages and disadvantages of buying a townhouse? What are the advantages and disad ...

Submitting the Loan Application When applying for a loan, you will be asked several questions and asked to file a lot of documents. It may actually feel like the most complicated financial task ...

Home Loan Processing During the processing of the loan, the verification is performed. This is the most significant part of the entire application, when the lender checks the validity and authent ...

Home Loan Underwriting The loan underwriting process is initiated once the lender has verified that all the paperwork has been completed. The underwriter is an agent from the lending party, whose ...

How long does it take to get the mortgage if I was pre-approved? How long does it take to get the mortgage if I was not pre-approved? If I've been pre-approved by one lender, can I go to anot ...

Things to consider before making an offer What things should you consider? What are your long-term goals? How much (and what type of) mortgage do you qualify for? How much cash do you have on ...

Home Buying Negotiation Tips gazumping gazundering

Contingencies for the home purchase The standard contract will always include different conditions that have to be met before the closing takes place. This covers issues like inspections, insura ...

Making the Counteroffer Since negotiation is a matter of convincing the other party, learning how to break a stalemate through a counteroffer is an essential skill. Technically, a counteroffer i ...

What now when the offer is accepted? Signing the contract. Pre-inspection agreement. Making an “earnest money” deposit. Involving the Title Company, and getting a Title Policy Survey t ...

Should I offer the listing price for the property? What's considered a “low ball” offer? When I'm buying a house, do the appliances come with it? How do I know what repairs the hous ...

Why you need Home insurance? With all the safety tips we have discussed so far, you would think that you are already perfectly covered. There is the title insurance, a home warranty, and others. ...

What does Home Insurance Cover? Coverage for interior and exterior damage Coverage for loss or damage of personal belongings Coverage for damage caused by you or family members. Coverage for ...

The Impact on Premium when filing a claim The most part, homeowners would rush to the insurer's office to file for such a claim. However, it will be in your best interest to think twice abo ...

Are different companies all going to charge me the same amount? My real estate agent recommended an insurance company. Is that good, or is my agent just getting a kickback for the recommendation? ...

Home Closing or Settlement Process Closing or “settlement” as it is known elsewhere is used to denote a point in time when the title to the property is transferred to you, the buyer, and a m ...

The Home Inspection: What does it cover? The home inspection process is a visual one. It looks at the structure and components that may not be performing correctly or those that may be potential ...

Issues during Inspection? Roofing problems. Leaking windows, inefficient doors Bad grading and drainage Cracked or sinking foundations, termite-damaged or rotting floors, and falling windows/ ...

Renegotiating Home Price How exactly does one renegotiate the price when significant physical problems are found with the property?

Do I choose the settlement company, or does the seller? If I choose, how do I decide on a company? I've heard of doing a final walk-through of the house the morning of closing. Why do people ...

Getting the keys and moving in your new house

Home Maintenance checklist (Monthly, Quarterly, Biannually) Monthly Inspect, and even change out the HVAC filters when needed Clean the kitchen sink disposal Clean the range hood filters ...

Home Maintenance checklist Annually by Season (Spring, Summer, Fall Winter)

The Mortgage Payment, Explained The Principal The Interest The Tax The Insurance

Biweekly vs Monthly Mortgage Payment Talking about the mortgage price and duration, you might have received a note from your mortgage providers that you will be able to chop off from six to eig ...

When can I move into my new home? Should I have all the locks changed? When do I contact the utility companies about switching the utilities over to my name? How do I find out about things like g ...

Correlated course

TAG Cloud

Web Stats