Steps In Buying A House For The First Time

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Are you a first time home buyer? Buying a home is one of the most exciting-and daunting-things you’ll ever do. Luckily, the First time home buyer guide from realtor.com is here to help.

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The steps to buying a house begin with getting your financial documents in order. You’ll need to pull out W2s, paystubs, bank statements and other relevant paperwork more than once, so start a file and keep it handy. Meet with potential lenders to get preapproved for a loan, and keep in mind that not all lenders are alike.

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Taking that first step on the property ladder is likely to be one of the biggest decisions you’ll make. From the outside, the house-buying process is a minefield of red tape, legal knots and a cascade of money leaving your pocket. It can all be a little overwhelming. But if you break it down into stages, things aren’t as scary as they seem.

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