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How to buy a house...
 

  • Get organized, pay debts, get your Credit Report, clean your credit report.
  • Read real estate classifieds, free real estate magazines, web home searches.
  • Get a good book on home buying, and get a good real estate agent.
  • Secure financing and pre-qualify for a mortgage.
  • Choose a good real estate lawyer
  • Negotiate tough with the seller, begin escrow, sign a preliminary contract.
  • Shop for homeowner's insurance.
  • Have the house inspected by a professional engineering firm.
  • If inspection and financing are OK, buy the house.
  • Close escrow, and move in. 

 

To compute to monthly payments use example bellow:
# of payment = number of years X 12 (30 years x12 ) =360
enter interest rate e.g. 5 (for 5%)
Principal is the total amount for the purchase ( e.g. 450000)
Click compute to find out monthly payments.

 

# of
Payments
Interest
Rate
Principal
 
Monthly
Payment
 
 

 

 

 

 

 

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