How to Buy a House. By Michelle Higgins. Illustrations by Mark Conlan. Buying a home can seem like a daunting process — it just may be the most expensive and emotionally charged purchase of. How to buy a house in 2020. 13 min read Jan. 8, 2020 Advertiser Disclosure. Advertiser Disclosure. We are an independent, advertising-supported comparison service. To buy a house, you should first team up with a trustworthy real estate agent and make sure your credit is in good shape. Home Buying Guide: Introduction. Table of Contents How Much? Introduction. You have decided to buy a home - but what next? The maze of legal work, negotiations, dealing with surveyors and solicitors, finding a good mortgage deal and worrying about your deal falling through, on top of actually hunting down the home of your dreams, is enough to. How to Buy a House home: Learn the basics: 1. The Basics: 2. How much home can you afford? 3. The Monthly Payment (w/Taxes & Insurance) 4. The Down Payment: 5. The Loan-Assuming a Loan-Owner Financing: 6. Qualifying for a loan: 7. Understand Closing Costs: Do the groundwork: 8. Get your finances in order: 9. Check Your Credit Report: 9a. Repair. How to Buy a House. Purchasing a house is an incredible accomplishment and one of the biggest steps you'll take during your life. Though the process may seem overwhelming, breaking everything down will help you keep your head straight. Hollywood realtor Igor Korosec interviews a mortgage consultant Jae Wu. What are the benefits of owning versus renting? Is it better to save 5% or to earn 7-8%? Who should you contact first when. It's the biggest purchase of your life, and small mistakes can cost large. So we've drawn up a house-buying battle plan, with over 50 top tips and tricks, from how to squeeze sellers for info to finding solicitors/surveyors. How to Buy a House in 7 Steps. Buying a house takes time. And no house—not even that perfectly cute bungalow on the corner with the fenced-in backyard—is worth jumping into before you’re ready. You know what’s more important than the house you buy? How you buy that house. Use this step-by-step guide to buy a house the smart way.