Buying a house is a exciting, yet complex, process. If you're not sure where to begin, this article on how to buy a house is a good place to start. This page will outline the steps you need to know about for buying a house. Investing time upfront before you begin searching for a house can help make sure you're happy with the home you buy. Think about what you need in a house, how much you can afford, and anything else that will constrain your purchase. You'll then need to find a house, and hire professionals to help advise you through the process.

Everyone's needs are different. Take some time to objectively lay out what you're looking for before you begin touring houses. Although you may modify your list as your search proceeds, keeping an objective list of needs in black and white will help keep you focused.

What Do You Need in a House?

You'll want to consider size, location, and amenities. Some people may want a small house within walking distance to schools and shops, while others will want enough land to keep a horse. Think carefully about your current and future needs.

How Much Can You Afford?

This is probably the toughest consideration. When you go to the bank for a mortgage pre-approval, they'll give you a figure which may or may not be realistic for you. Look carefully at your budget, and determine what you can comfortably pay for a house. Consider any anticipated changes. For example, if you are a two income family who is anticipating that one parent will eventually stay home with a new baby, you may want to base how much you can afford on one income.

Any Other Requirements?

There are other things you may need to think about when looking for a house, including:

1. Do you work at home? If you see clients at home you may need to ensure that the zoning will accommodate this.
2. If you anticipate caring for elderly parents at home, you may need a house in a community that permits in-law apartments.
3. Are you concerned about the availability of alternative energy sources?

Most people use a real estate agent to buy a house. Agents are usually well acquainted with all the professionals you'll need to buy a house. If you are purchasing it without an agent, you'll want to make sure that you have retained a real estate lawyer, a mortgage broker, and a home inspector.

You can find a house in a number of ways.

1. Real estate agents are the traditional choice. Many have online websites with videos and photos of homes that allow you to pre-screen houses from the comfort of your home.
2. People who are selling homes without a broker advertise in newspapers, on Craigslist, and through their own websites.
3. Friends, family, and business associates may know of people who are planning to move, but haven't yet placed their home on the market.
4. Banks have inventories of foreclosed properties they are looking to sell.

After you find a property to buy, you'll go through a fairly standard process to purchase it.

1. The first step is to make an offer, which is usually accompanied by a small deposit as a show of good faith.
2. The offer can be accepted, or rejected. If it's rejected, you may go through a counteroffer process with the seller.
3. After the offer has been accepted, you'll enter into a purchase and sale agreement with the seller. In some states the Purchase and Sale is contingent on the inspection; in others the inspection happens prior to the purchase and sale. The purchase and sale will generally require a deposit equally to 5-10% of the purchase price.
4. The inspection may highlight additional issues that need to be addressed, and the purchase and sale may need to be amended.
5. Occasionally serious problems with the house are uncovered during the inspection that may cancel the sale.
6. The closing process usually happens 30 days after the purchase and sale.