Checklist for buying a house.

Assess your financial situation:

• check your savings, current income, and debts to determine your budget for buying a home.
• Consider additional costs such as down payments, insurance, taxes, and maintenance costs.

Explore financing options:

• Find out about different types of mortgage loans, interest rates, and terms.
• Compare offers from different lenders to get the best terms.

Pre-approval for credit:

• Apply for pre-approval for a loan to find out how much you can afford.
• Pay attention to the interest rates, monthly payments, and other terms of the loan.

Defining requirements:

• Define your needs and priorities for your desired home, including size, location, amenities, school districts, etc.

Search for properties:

• Browse real estate listings online, in newspapers, and from real estate agents.
• Also use online tools and apps to facilitate your search and set up custom notifications.

Viewing houses:

• Arrange viewing appointments for potential homes and take thorough notes about the condition, features, and your impressions.

Home inspection:

• Schedule inspection appointments with a qualified home inspector who will thoroughly examine the condition of the property.
• Accompany the inspector during the inspection and ask questions about potential problems or renovation needs.

condition review:

• Have the expert check the condition of the structure, electrical system, plumbing, heating and cooling, roof, etc.
• Ask about the presence of pest infestation, moisture, or other potential problems.

Energy performance certificate:

• Request the energy performance certificate for the house to obtain information about energy consumption and possible efficiency improvements.
• Consider the long-term costs of energy consumption when making your decision.

Document review:

• Have the property documents checked by a lawyer to ensure that there are no outstanding legal issues.
• Clarify any questions regarding land registry entries, property taxes, and other legal matters.

Mortgages and liens:

• Check whether there are any outstanding mortgages, liens, or other encumbrances on the property that could affect your purchase.
• Ensure that all of the seller's financial matters are in order before signing a purchase agreement.

Purchase agreement:

• Have your lawyer review the purchase agreement and clarify all terms, conditions, and deadlines before signing it.
• Negotiate any changes or additions as necessary to protect your interests.

Price determination:

• Determine a reasonable price based on comparable sales in the area and a thorough evaluation of the property.
• Consider the condition, location, demand, and other factors when negotiating the price.

Preparing an offer:

• Prepare a written offer that clearly and precisely states the price, desired terms, and deadlines.
• Offer a reasonable down payment to show your seriousness and ability to finance the purchase.

Negotiation:

• Negotiate the terms of the purchase with the seller or their representatives, including the price, closing costs, and other clauses.
• Be flexible, but insist on your most important concerns and goals during the negotiations.

Preparing for closing:

• Make an appointment with a lawyer, notary, or closing agent to sign the closing documents and finalize the purchase agreement.
• Prepare all necessary documents, including proof of identity, financing documents, and proof of insurance.

Final inspection:

• carefully review the closing report and ensure that all agreed terms and conditions have been met before closing the purchase.
• Clarify any open questions or discrepancies in good time to avoid delays or problems.

Payment and handover:

• Pay the agreed down payment and closing costs according to the instructions of the closing agent.
• Sign the purchase agreement and receive the keys to the house after the transaction is complete.

Moving planning:

• Plan the moving date and organize movers, transportation, and other logistical details well in advance.
• Make a checklist for the move to ensure that nothing is forgotten and coordinate all necessary measures.

Change of address and re-registration:

• Notify the relevant authorities, banks, utility companies, insurance companies, and other relevant parties of your change of address in good time.
• Arrange for services such as electricity, water, gas, internet, and telephone to be transferred to your new home.

Preparing your new home:

• Prepare your new home by arranging for basic furnishings, cleaning, and any necessary renovations or repairs.
• Make sure that all utilities are activated and the house is livable before you move in.

check the condition:

• check the condition of the house again after moving in and document any damage or defects.
• Report any problems to the seller or property management company and plan any repairs or corrections.

Renovations and adjustments:

• Carry out any necessary renovations or adjustments to adapt your new home to your needs and preferences.
• Plan long-term improvements such as landscaping, remodeling, or energy efficiency measures to increase the value and quality of life.

• Take time to explore your new home, settle in, and enjoy the pleasures of home ownership.
• Celebrate your success and share the joy with family and friends who supported you in buying your home.