How to start buying a house: The basics

by Pierre C. Rumpf 02/27/2023

With so many steps involved, answering the question of how to start buying a house can seem daunting. However, there are some basic steps you can take to make the process more manageable before you get to the home inspection and final purchase of your home.

Here are some of the basic things you need to do to start buying a house:

Get preapproved for a mortgage

Getting a preapproval letter from a mortgage lender benefits you in several ways. It helps you determine how much you can afford to spend on your new house, and also shows sellers you’re a qualified and motivated buyer.

Hire a real estate agent

Real estate agents are equipped with knowledge and resources to help you navigate every part of the real estate process. Most importantly, they can use their expertise to find listings that match your criteria for a perfect home.

Start your home search

Utilize the skills and resources provided by your real estate agent to find your dream home. Start with a list of priorities like must-have features, location and purchase price.

Make an offer

Once you’ve found the right house, your real estate agent can help you with any necessary negotiations and make the best offer based on purchase price, home inspection results, appraisal and home features.

While this is a simplified version of the home-buying process, it can be helpful to think about it in these basic steps.

About the Author
Author

Pierre C. Rumpf

Broker Profile: Pierre comes from a diverse background. His adolescent and early adult years found him working for his father, a renowned structural engineer, and his brother, an architectural designer and general contractor. His knowledge of construction design (architectural & structural) and practices is significant. He coupled his construction background with his considerable sales experience, by becoming licensed to sell real estate in Massachusetts in 1986.

Pierre is also a licensed Attorney in the Commonwealth, who formerly worked for the Massachusetts Attorney General’s office as a litigator in the Victim & Witness Assistance Division of the Family & Community Crimes Bureau, litigating cases involving victims of violent crime, and since then has had his own legal practice.

For decades, Pierre has excelled in helping buyers of real estate find that condo, single-family, multi-family, lot of lands, or commercial property they desire to buy, or by effectively marketing his clients’ properties to sell their property for the most amount of money possible. His professional background embodies the ideal combination of construction, sales, negotiating, and contract drafting, which is essential to actualizing his clients’ goals and/or dreams. He does all of this with attention to detail, integrity, and success.

Since 1995, PCR Realty has helped buyers and sellers make their transactions as successful as possible. Using a consultative approach, PCR Realty approaches each experience as a unique opportunity for its clients. As a full-service real estate brokerage firm, PCR Realty provides leading-edge services for buyers & sellers.

When it comes to successfully navigating today’s complex real estate market, you need to work with someone who has the experience and commitment to see it done right. PCR Realty excels at matching buyers to sellers. From state-of-the-art marketing to an experienced broker, PCR Realty works diligently to far exceed your expectations. PCR Realty invites you to learn more.