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Buying a Home Checklist

Purchasing a new home.

7 expert-curated steps · Organized by urgency · Free preview below

What most people ask first

What do I need to maintain this home?

What costs should I expect beyond mortgage?

How do I protect this investment?

While You Have Time to Prepare

Get pre-approved for a mortgage before house hunting

Shop multiple lenders, compare rates, and get a pre-approval letter. This determines your budget.

Why this matters: Sellers take pre-approved buyers more seriously. It also prevents you from falling in love with a house you can't afford.

Save for closing costs and emergency repairs

Closing costs are typically 2-5% of the purchase price. Also budget for immediate repairs and surprises.

Why this matters: Many first-time buyers are caught off guard by costs beyond the down payment.

Get a thorough home inspection

Hire a qualified inspector. Attend the inspection and ask questions about everything they find.

Why this matters: An inspection can reveal deal-breaking issues or give you negotiating leverage on repairs.

Do Now

Set up utilities, internet, and homeowner's insurance

Transfer or set up electricity, water, gas, internet. Get insurance in place before closing.

Why this matters: Your lender requires insurance at closing. You'll want utilities on from day one.

Change all locks

You don't know who has copies of the previous keys — previous owners, realtors, contractors, neighbors.

Why this matters: Basic security step for any new home. Takes an hour and costs under $100.

2 more steps available

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"Things to Know" insider tips
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