How to Buy a House

Buying a house is the largest purchase most people ever make - and most buyers go into it without understanding the process. Pre-approval, inspection, appraisal, title, closing costs - the terminology alone is overwhelming. The Vault Library has vetted the free YouTube channels that explain every step of the home buying process in plain language.

What You Need to Know

• ✓Get pre-approved before you start looking - it sets your budget and makes offers credible
• ✓Your credit score directly affects your interest rate - know yours before you apply
• ✓The down payment is not the only upfront cost - budget for closing costs too
• ✓Never skip the home inspection - ever
• ✓Understand the total cost of ownership - mortgage, taxes, insurance, and maintenance