The Millennial’s Guide to Buying a Home (NYC Edition)

Homeowners!

How To Buy a Home (for Dummies)*

STEP 1: Save.

STEP 2: Get pre-approved for a loan (or as I like to call it, “why is everyone telling me to ‘shop around’ for a lender????”)

Example: Say you’re purchasing a home for $400,000.

STEP 3: Find a solid realtor to work with and start looking at homes.

Zillow.com, AKA Satan’s homepage.

STEP 4: Make an offer. Or two. Or ten.

No.

STEP 5: Post-offer acceptance.

STEP 6: Contract signing, process and negotiations.

Actual photo of me when I learned how much my closing costs were.

WHAT CLOSING COSTS ENTAIL:

This is what a standard closing costs document looks like. Source: Consumer Financial Protection Bureau.

STEP 7: Closing.

Congratulations! You are officially a homeowner.

Happy Hunting!

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Tania Rahman

Tania Rahman

thriving in chaos is a double-edged sword.

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