A Home Buyers’ Bucket List helps ensure a smoother process when purchasing a house. Here’s a helpful list to guide you:

Pre-Purchase Research

1. Establish a Budget: Determine how much you can afford, considering down payments, mortgage rates, closing costs, and other expenses.
2. Check Credit Score: Improve your credit score if necessary for better mortgage rates.
3. Save for Down Payment: Aim for at least 20% to avoid private mortgage insurance (PMI).
4. Get Pre-Approved for a Mortgage: Strengthen your offers by showing sellers you’re serious.
5. Research Locations: Consider neighborhood safety, schools, amenities, commuting distance, and future resale value.
6. Consider Future Needs: Think about long-term plans (family size, job relocation, etc.).

Home Search

1. Hire a Real Estate Agent: Choose someone knowledgeable about your desired area.
2. Make a List of Must-Haves: Separate must-haves from nice-to-haves (e.g., number of bedrooms, outdoor space).
3. Visit Open Houses: Take notes, photos, and videos for reference.
4. Evaluate Potential Repairs/Upgrades: Consider the cost and effort of renovations and updates.

Due Diligence

1. Order a Home Inspection: Avoid surprises by identifying structural or functional issues.
2. Review the Seller’s Disclosure: Be aware of known issues, like water damage or foundation problems.
3. Research Homeowner Association (HOA) Rules and Fees: Understand any restrictions or additional costs.

Financial Considerations

1. Compare Mortgage Lenders: Choose a lender with the best rates and terms.
2. Understand Property Taxes: Factor them into your budget.
3. Consider Homeowners Insurance: Get quotes and include it in your financial planning.
4. Budget for Closing Costs: Typically 2-5% of the home’s price.

Closing the Deal

1. Negotiate with Seller: Don’t be afraid to ask for repairs, credits, or a lower price.
2. Review the Contract: Make sure everything is in order before signing.
3. Schedule a Final Walkthrough: Ensure the house is in the agreed-upon condition before closing.
4. Close on Your Home: Sign paperwork, get the keys, and take ownership!

Post-Purchase

1. Plan Your Move: Organize logistics for moving day.
2. Set Up Utilities: Transfer or establish electricity, gas, water, internet, etc.
3. Change of Address: Notify USPS, banks, employers, and others.
4. Plan for Home Maintenance: Budget for repairs and regular upkeep.
5. Celebrate: Enjoy your new home!

Hope this list helps! If you need something more specific, let’s chat!