Purchasing first home. Confused. Help?

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Comments

  • MayDay10
    MayDay10 Posts: 11,865
    I just purchased my first house in the fall. Its a tough process. Once your offer is accepted, the fun just begins. You gotta get approved by the bank, provide them a book of information, get really approved by the bank, get the house inspected, appraised, find insurance, get your closing date, and then signing day.


    Its all worth it when you get the keys though and you drive up to your house for the first time.

    Good luck
  • hedonist
    hedonist Posts: 24,524
    I'm not sure if the law is the same in OH as in CA (may want to check it out), but there's a 72-hour period of time during which you can "change your mind" after the commitment - after having signed the documents.

    And to echo the others, congratulations! It's scary at first but if done right, also a fuckin blast.
  • LikeAnOcean
    LikeAnOcean Posts: 7,718
    From what I understand, that all gets factored into your loan... I'll tell ya soon, I'm in the same spot.