tag:blogger.com,1999:blog-86846871796133979152011-07-08T07:51:35.985-07:00Figure out how much you can afford Know your rights Shop for a loan Learn about homebuying programs Shop for a home Make an offer Get a home inspection Shop for homeowners insurance Sign papersMoe Navidihttp://www.blogger.com/profile/03817493494663635367noreply@blogger.comBlogger11100tag:blogger.com,1999:blog-8684687179613397915.post-56910894694885702102008-12-22T08:55:00.000-08:002009-09-04T16:05:46.555-07:00<div align="center"><img style="TEXT-ALIGN: center; MARGIN: 0px auto 10px; WIDTH: 120px; DISPLAY: block; HEIGHT: 53px; CURSOR: hand" id="BLOGGER_PHOTO_ID_5282664686411127618" border="0" alt="" src="http://2.bp.blogspot.com/_AfXsnphx0_4/SU_LiyUJG0I/AAAAAAAAAIA/S6IoVXLy-DE/s200/LogoFullBlueSmall%5B1%5D.gif" /><img style="TEXT-ALIGN: center; MARGIN: 0px auto 10px; WIDTH: 160px; DISPLAY: block; HEIGHT: 200px; CURSOR: hand" id="BLOGGER_PHOTO_ID_5282664691602231282" border="0" alt="" src="http://1.bp.blogspot.com/_AfXsnphx0_4/SU_LjFpzD_I/AAAAAAAAAII/-OCoe5ohKVk/s200/Moe+Headshot+web.jpg" /> Moe Navidi<br />Real Estate Consultant<br />Lic# 01753283<br />Tel: (949) 892-7077<br /><a href="mailto:gooddeals@homesbynavidi.com">gooddeals@homesbynavidi.com</a><br /><a href="http://www.homesbynavidi.com/">http://www.homesbynavidi.com/</a><br /><div align="center"><a href="http://4.bp.blogspot.com/_AfXsnphx0_4/SU_LjVcdi0I/AAAAAAAAAIY/vbc91pTO11w/s1600-h/gloria+pic4-Business.jpg"></a> </div><br /><div align="center"><br /><span style="font-size:180%;"><strong>Nine steps to buying a home</strong></span></div><br /><div align="left"><span style="font-size:180%;"><br /></span>Figure out how much you can afford<br />Know your rights<br />Shop for a loan<br />Learn about homebuying programs<br />Shop for a home<br />Make an offer<br />Get a home inspection<br />Shop for homeowners insurance<br />Sign papers<br />Step 1: Figure out how much you can afford<br />What you can afford depends on your income, credit rating, current monthly expenses, downpayment and the interest rate. The calculators below can help, but it is best to visit a lender to find out for sure.<br /><br />How much home can you afford?<br /><br />Buying vs. Renting<br /><br />Home Economics<br />Need help with your downpayment and/or closing costs?<br /><br />Homebuying programs in your state<br />A housing counselor can help you figure out how to manage and pay off your debt, and start saving for that downpayment!<br /><br />Find a housing counselor near you<a name="rights"></a><br />Step 2: Know your rights<br /><br />Fair Housing: Equal Opportunity for All<br /><br />Real Estate Settlement Procedures Act (RESPA)<br /><br />Borrower's rights<br /><br />Predatory lending<br /><br />Step 3: Shop for a loan<br />Save money by doing your homework. Talk to several lenders, compare costs and interest rates, negotiate to get a better deal. Consider getting pre-approved for a loan.<br /><br />Looking for the best mortgage: shop, compare, negotiate<br /><br />Let FHA help you<br /><br />Why Ask for an FHA Loan?<br /><br />Learn about interest only loans</div><a name="programs"></a><br /><div align="left">Step 4: Learn about homebuying programs<br /><br />Homebuying programs in your state</div><br /><div align="left">FHA loan programs offer lower downpayments and are a good option for first-time homebuyers.</div><div align="left"></div><div align="left">Let FHA help you<br /><br />HUD's special homebuying programs<br /><br />Good Neighbor Next Door (formerly known as Teacher/Officer/Firefighter Next Door)<br /><br />Step 5: Shop for a home<br /><br />Choose a real estate agent<br /><br />Wish list - what features do you want?<br /><br />Home-shopping checklist – take this list with you when comparing homes<br /><br />Homes for sale (including HUD homes)<br /><br />"Fixer-uppers" - home purchase and repair programs<br /><br />Step 6: Make an offer</div><br /><div align="left">Discuss the process with your real estate agent. If the seller counters your offer, you may need to negotiate until you both agree to the terms of the sale.<br /></div><div align="left">Making an offer</div><a name="inspection"></a><br /><div align="left">Step 7: Get a home inspection</div><br /><div align="left">Make your offer contingent on a home inspection. An inspection will tell you about the condition of the home, and can help you avoid buying a home that needs major repairs.<br /><br />For Your Protection Get a Home Inspection<br /><br />10 Questions to ask a home inspector</div><br /><div align="left">Step 8: Shop for homeowners insurance<br />Lenders require that you have homeowners insurance. Be sure to shop around.<br /><br />Homeowners insurance<br /><br />12 ways to lower your homeowners insurance costs</div><br /><div align="left">Step 9: Sign papers<br />You're finally ready to go to "settlement" or "closing." Be sure to read everything before you sign!<br /></div></div><br /><a href="http://technorati.com/faves?sub=addfavbtn&amp;add=http://rightstepstobuyingahome.blogspot.com"><img alt="Add to Technorati Favorites" src="http://static.technorati.com/pix/fave/btn-fave2.png" /></a><br /><script type="text/javascript" src="http://widgets.technorati.com/t.js"></script><br /><div class="tr_embed_t_js"><a class="tr_embed_arg_blog" href="http://technorati.com/blogs/fixersorfixeduphomes.blogspot.com?sub=tr_embed_t_js">Blog Information</a> <a class="tr_embed_arg_username" href="http://technorati.com/profile/mn12?sub=tr_embed_t_js">Profile for mn12</a> </div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/8684687179613397915-5691089469488570210?l=rightstepstobuyingahome.blogspot.com' alt='' /></div>Moe Navidihttp://www.blogger.com/profile/03817493494663635367noreply@blogger.com0