The path to homeownership is long, but you can take it on step-by-step.
1. Assess your financial readiness.
Before diving into the homebuying process, it’s essential to evaluate your financial situation by determining your budget, calculating your down payment, and reviewing your credit score.
Attend our financial workshops and explore resources to enhance your financial education and preparedness.
2. Find the right realtor.
A skilled and trustworthy realtor is instrumental in helping you find the right home. Own the HOU will connect you with real estate professionals who understand your unique needs and are committed to guiding you through the process with expertise and care.
3. Explore and identify neighborhoods for you.
Houston and Harris County offer a diverse range of neighborhoods. Consider your lifestyle preferences, proximity to schools and amenities, and commute to work when exploring different areas. A licensed realtor can provide can provide insights into various neighborhoods to help you make an informed decision.
4. Look at homes by listings and tours.
Access our comprehensive home listings to explore properties that match your criteria. Schedule home tours with your realtor to visit potential homes and envision yourself living in each space.
5. Make an offer and negotiate.
When you find the perfect home, your realtor will assist you in crafting a compelling offer. They will handle negotiations with the seller on your behalf to secure the best terms for your new home.
6. Get the home inspected and appraised.
Perform a thorough home inspection to ensure the property is in good and stable condition. Your realtor will also arrange for a professional appraisal to determine the fair market value of the home.
7. Finalize your mortgage and financing.
Work with a reputable mortgage lender to secure the best mortgage option for your financial situation. Learn about down payment assistance programs available through Own the HOU.
8. Close on your home.
Your realtor and our team will guide you through the closing process, ensuring all necessary paperwork is completed accurately. Celebrate as you officially become a homeowner!
9. Learn and grow as a homeowner!
After closing, Own the HOU remains dedicated to your success as a homeowner. Explore our resources on home maintenance, financial planning, and community engagement.
10. Share your experience.
At Own the HOU, we believe in creating a more inclusive and thriving community through homeownership. Share your experience and become an advocate for equitable homeownership opportunities.