Buying a home is one of the biggest financial decisions you'll ever make. Whether you're a first-time home buyer or upgrading to your forever home, understanding the home buying process is key to a smooth and successful experience. In this guide, we’ll break down exactly how to buy a home in 2025, from start to finish.
Step 1: Assess Your Finances
Before browsing listings or visiting open houses, take a deep dive into your finances. Ask yourself:
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What’s your credit score?
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How much do you have for a down payment?
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What monthly mortgage payment can you comfortably afford?
Pro Tip: Use a mortgage calculator to estimate your budget and monthly payments.
Step 2: Get Pre-Approved for a Mortgage
A lender will evaluate your financial situation and issue a letter stating how much you’re qualified to borrow. The pre-approval letter will need to be provided when presenting an offer.
Why it matters: A pre-approval letter strengthens your offer and helps you shop within your budget.
Step 3: Find a Real Estate Agent
A knowledgeable real estate agent, like Arnaud Lavigne, can guide you through the home buying process, negotiate on your behalf, and help you avoid costly mistakes. Look for an agent with local expertise, great reviews, and a communication style that fits your needs.
Step 4: Start House Hunting
With your pre-approval and agent in hand, start searching for homes that fit your budget and lifestyle. Consider:
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Neighborhoods
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School districts
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Commute times
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Property taxes
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Nearby amenities
Search tip: We will set up alerts on home search platforms so you’re the first to know about new listings.
Step 5: Make an Offer
When you find the right home, your agent, Arnaud, will help you submit a competitive offer. Factors to consider include:
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Price
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Contingencies (inspection, financing, appraisal)
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Closing date
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Seller concessions
In a hot market? Be prepared to act quickly and possibly offer above asking price.
Step 6: Get a Home Inspection
Once your offer is accepted, schedule a professional home inspection. This helps uncover any hidden issues with the home, like plumbing, roofing, or structural concerns.
Depending on the results, you can accept as-is, request repairs, negotiate credits, or back out of the deal.
Step 7: Secure Your Financing
Work closely with your lender to finalize your mortgage. This includes:
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Locking in your interest rate
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Providing updated documents
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Meeting underwriting conditions
Tip: Avoid large purchases or credit changes during this time — it could affect your loan approval.
Step 8: Close on Your Home
At closing, you'll:
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Sign your mortgage documents
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Pay your down payment and closing costs
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Receive your keys and officially become a homeowner
Closing costs may vary depending of the home’s purchase price.
Final Thoughts: Ready to Buy a Home?
Buying a home is an exciting milestone — and with the right plan, team, and mindset, it can be a smooth process. From getting pre-approved to signing on the dotted line, following these steps will set you up for success.
If you're thinking about buying a home in 2025, connect with Arnaud Lavigne, AGL Real Estate. A local real estate expert who can guide you through every step of the journey!
