If you’re interested in purchasing a home, you have more ahead of you than you may realize. It’s important though to follow these rules. At Zot Insurance Agency, serving Davie, FL and the surrounding area, we strive to help make the process of buying a home and maintaining it easier. 

Decide on a Budget

Before you decide on a home, you need to determine what’s in your price range. You want to keep in mind you may need to pay a higher monthly rate if you choose to put down a smaller down payment, especially since you may need to pay a special fee. To help you decide on a budget, you may want to use a mortgage calculator.

Start Looking for Homes

The second step to purchasing a home is browsing the homes that are in your price range.

Getting Your Loan

Then, you want to get qualified by a lender and gain approval. 

Make an Offer

The next step is to make an offer on the home you want. 

Select Your Loan

Then, you want to work with your mortgage lender and obtain your loan.

Get a Home Appraisal 

Your lender is going to ask you to get an appraisal. This particular portion of the home buying process consists of a person who isn’t associated with your lender going to the home and figuring out the value of your home. 

Paperwork

Like any major purchase, you have paperwork to fill out. In fact, when you’re buying a home, you have a great deal of paperwork to complete. 

Closing 

Closing the house is the final step. You finish with the last of the paperwork and loan documents. 

Get Insurance

As soon as you get your home, you want to purchase a home insurance policy.

Get a quote for a home insurance policy from Zot Insurance Agency, serving Davie, FL and the surrounding region, by calling 954-680-8088 today.