Are you looking to buy a house in Pennsylvania? Before that, know the steps to purchasing a house in PA!
Harrisburg-Carlisle, Pennsylvania made it onto the list Top Ten Cities where to buy a house.
Good news for you if you’re buying a house in Pennsylvania. Do you have a must-have house hunting checklist? Already know the ins and outs of how to buy a house in PA?
Buying a house in PA will be similar to purchasing a house in another state, but let us take a look at the steps. You will soon own a home in Pennsylvania.
Steps to Buy a Home in PA
Are you ready to dive into the joy of owning a home? It does not must be a long and drawn out affair. Doing things the right way with the right professionals will result in a smooth transfer into the real estate market.
1. Figure Out What You Can Afford
No matter which of the 50 states you choose for your home, this should be your first step in the home buying process.
Are you already a home owner? Find out the current market value of your home. How fast will it sell out? Is there a specific amount of money you need to get out of selling your home?
How much equity do you have in the house? How much money should you spend on a new home?
If you are selling your home or are a first-time home buyer, it is crucial to talk to a lender. Get pre-qualify for a mortgage to have an idea what you can afford.
You will want to take it a step further as you get further into the process and get pre-approved for a loan. This will show that you’re a more serious/less risky buyer.
2. Find a Knowledgeable and Qualified Pennsylvania Real Estate Agent
Using a local real estate agent offers many benefits including their expertise in the field.
Real estate agents have all information You must complete the acquisition of the house and the better part is that their commission is paid by the vendor.
Your agent will point you in the right direction with regards to finding a home inspector, lender, title company, etc.
A good real estate agent will be with you from the moment you submit your offer to the closing of the house.
3. Finding the Right Home
Your real estate agent will help you find the perfect home in an area that suits you.
Remember location, location, location. Don’t fall in love with a home based on aesthetics alone. Make sure it’s the desired location.
When you find “the person,” be sure you look at the Seller’s Property Disclosure statement. Pennsylvania state law requires sellers to reveal complete information about the physical condition of the home.
Easy Peezy
Now that you know the ins and outs of buying a home in PA, you are on your way to owning a home in Pennsylvania. Check out our blog with lots of advice for your new home from how to add value to how to know when to sell when it does.
