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This video is essential for every first time home buyer and it’s a great refresher even if you’ve purchased a home before.
From searching for a home to understanding the mortgage closing process this video will help you navigate the process like a boss!
After watching if you want more help get our new home buyers workbook @ http://www.shineinsure.com/new-home-buyers-guide. It’s free!
Here’s an overview of everything in the video:
Intro – 0:01
What You’ll Learn 0:29
Fun Fact – 1:03
I’ve ABSOLUTELY been right where you are
STEP 1 Apply for a Mortgage – 1:32
Get preapproved before you go house shopping
STEP 2 -Make An Offer – 4:29
Price & Contingencies – Offer, Counter, Accept
STEP 3 – Escrow Period – 7:07
Period between Accepted Offer and Closing
– Secure A Mortgage – 8:08
– Home Inspection – 8:51
– Address Contingencies – 10:07
– Get Insurance – 10:38
– Closing – 12:32
Closing Costs – 13:27
Monthly Mortgage Payment – 15:45
– Principle – 16:30
– Interest – 17:00
– Escrow Account Contributions – 17:41
Rookie Mistake – 21:17
Outro – 22:28
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First Time Home Buyers Guide - Tips and Advice
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