The Home Buyer's Checklist

What You'll Need to Buy a House

1. Mortgage Pre-Approval (if you are not buying with cash)

2. Earnest Money

   • This lets the seller know you are serious about buying their house (1% to 2% of the purchase price is standard) but can be higher. The earnest money is held in an escrow account and applied to the rest of the down payment at closing.

3. Money for Down Payment

   • Most down payments are 3% to 10% of the sales price

4. Money for Closing Costs

   • Typically 1% to 4% of the loan amount

5. Money for Inspections

   • Well-spent money to determine if there are problems with the home before you buy

Let’s Work Together