How to Buy a Home
The homebuying process might seem complicated or unmanageable. But knowing all the key parts to buying a home will help you plan for challenges and avoid mistakes.
This step-by-step guide will help you navigate the winding path toward homeownership.
Step 1: What Can I Afford?
Get started by evaluating your financial situation and setting a budget for what you can afford.
Step 2: Finding an Affordable Property?
Learn the types of homes available to you and get some initial house-hunting advice.
Step 3: Homebuyer Counseling
Learn about the benefits of homebuyer counseling and find a course near you.
Step 4: Mortgage Eligibility Check
See if you might be eligible for a MassHousing Mortgage.
Step 5: Making an Offer
You found the home you love; now plan for all aspects of the offer process, from preparation to negotiation to the agreement itself.
Step 6: Applying for a Mortgage
Learn about the various loan types available, what's expected of you and what you can expect from the mortgage application process.
Step 7: The Home Inspection
Find out what you can expect during the home inspection, and learn what to do with the information it reveals.
Step 8: The Closing Process
Learn about walk-throughs, loan closings, title transfers and everything else involved in the last step of buying a home. You're almost there!