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How to Buy a Home Online

Using technology has made it easier than ever before to find the home of your dreams.

Instructions

  • Step 1: Research neighborhoods Research the neighborhoods where you would like to begin your home search. Check out the school district, shopping, and crime rates. Narrow your search to two or three areas.
  • Step 2: Find a realtor Find a realtor to do your negotiating and paperwork. Ask friends and family for realtor suggestions.
  • TIP: Some realtors may discount their commission if you do the research. Talk to a potential realtor about cutting you a deal.
  • Step 3: Search several sites Search several real estate web sites and real estate blogs for homes. Broaden your search to yield more results.
  • Step 4: Check independent seller sites Check independent seller web sites and local sites for sales by owner.
  • TIP: Always verify listings. To tell if an ad is a scam, check the listing pictures. If the pictures have different watermarks on them, the listing is probably illegitimate.
  • Step 5: Avoid home valuation web sites Use home appraisers, tax appraisal district web sites, and local comps rather than home valuation web sites.
  • Step 6: Get financing Check financing rates with different mortgage companies and apply for the loan that best fits your needs. Many web sites offer comparisons of financing rates from different companies.
  • Step 7: Check out homes Make appointments with your realtor to look at homes you have found and show off all that you have learned about home shopping.
  • FACT: Did you know? In the early 20th century, Sears, Roebuck and Co. sold kit homes out of a catalog that were shipped to the purchaser in pieces and assembled on site.

You Will Need

  • A computer with internet access
  • Friends and family
  • Realtor

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