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Steps to Buying a New Home


Buying a house is a big step in anyone’s life. Whether you’re a first time buyer or purchasing your third home, becoming a homeowner is a big investment and big liability. That’s why buying a home isn’t as easy as some may think it is. There is a process one must take before they can close on a home. Below, we break down the steps to buying a new home.

Check your Credit

When purchasing a home, you most likely will need to get a loan. The amount you can get on your loan depends on your credit score. Credit scores range from 380-850; the better the score, the more likely you are to get a greater loan. You can check your credit for free online from numerous sites.

Once you know how big of a loan you can get, you can start to figure out how much you can afford. There are also numerous mortgage calculators online that can tell you the range of home you can afford.

Find a Real Estate Agent

A real estate agent isn’t always necessary when buying a home, but they can help relieve a lot of stress from the buyer. Realtors know the industry and understand the market you’re in as a buyer. They can find the homes that meet your needs and save you a lot of time and leg work.

Find a Home

There are a myriad of sites to choose from that list great homes. You can easily adjust search results to match your exact needs. If you have a realtor, they’ll find you great homes and you can choose between those options.

Get the Funding

When you purchase a home, the ‘for sale’ price is not the price you will pay. There are few fees that you must consider when buying a home. These include closing costs, inspection fees, appraisal, inspections, and more. Be sure you have secured enough funding to cover those costs.

Make an Offer

Once you have everything you need, it’s time to make your offer. The real estate agent is very useful for this step. They will work with the seller to get the best deal for the buyer and draw up a contract between the seller and the buyer.

Get Insurance

Because a home is such a large investment, it’s wise to keep it protected. That’s where Farmers Homeowners Insurance can come in handy. Insurance will cover things like injury on the premises, damage from weather, flooding, and much more. It will also cover any repairs that need to be made before you move in, especially if your home needs to meet code. We are here to help you find the best Farmers Home Insurance policies in the area. Give us call or go online and get a Farmers Homeowners Insurance quote for free!


This is the last of the steps to buying a new home. What you did the whole process for. This is when all parties in the buying process are in agreement and the deal is finalized. This is when you’ll be required to pay the closing costs which include: the down payment, title fees, appraisal fees, attorney fees, inspection fees, and points you may have bought to buy down your interest rate.

Buying a home can be the experience of a lifetime. Hopefully this guide makes the process less threatening and stressful when buying in Palmdale. Remember to protect your investment and get Farmers Homeowners Insurance. If you have any more questions, give us a call at 1-800-771-7758 today!





Tips to Buying a Home | Buying a Home Facts