Hannah Fraser
Aug 15, 2026
Make sure you're prepared every step of the way!
Financial Preparation
Review income and monthly expenses
Review credit
Pay down unnecessary debt where appropriate
Build emergency savings
Save for down payment
Save for closing costs
Budget for inspections
Budget for moving expenses
Budget for immediate home repairs/furnishings
Avoid major new debt before closing
Get Ready to Buy
Speak with a lender
Obtain mortgage pre-approval
Understand estimated monthly payment
Review loan options
Understand property taxes
Understand homeowners insurance
Consider HOA fees
Determine comfortable price range
Select a real estate agent (This is where I come in!)
Make a wants/needs list
Choose preferred locations
Home Search
Tour homes
Compare neighborhoods
Consider commute
Research schools if relevant
Consider resale potential
Review estimated utilities
Consider maintenance costs
Review HOA restrictions if applicable
Avoid focusing only on cosmetic finishes
Offer & Contract
Review offer terms
Understand purchase price
Understand earnest money requirements
Know contractual deadlines
Understand inspection/due diligence provisions
Understand financing contingency if applicable
Understand appraisal provisions
Understand closing date
Understand possession terms
Deposit earnest money on time
Under Contract
Schedule inspection
Review inspection report
Complete repair negotiations if applicable
Submit lender documents promptly
Complete appraisal
Obtain homeowners insurance
Review title/closing information
Avoid changing jobs without discussing with lender
Avoid opening new credit
Avoid large unexplained deposits/transfers
Avoid large purchases before closing
Closing
Review closing figures
Verify wiring instructions independently
Complete final walkthrough
Bring identification
Sign closing documents
Obtain keys according to contract
Save closing documents
Celebrate becoming a homeowner