Buying a home is one of the biggest transactions you will make in your life. It is important to take all the proper steps and consider all of your options before making an offer on a house. While buying a home usually takes less time than selling, there are still some things that need to be done, such as finding a lender, researching neighborhoods, and viewing homes until you find the perfect fit for you. If you are thinking about buying a home in Garner Iowa, here’s everything you need to know to buy your dream home. Get Pre-Approved Getting pre-approved for a mortgage is the first step to buying your dream home. Getting pre-approved will help you negotiate a competitive price and avoid surprises down the road. You need to have your financial information in order, including your credit score, income, and employment status, before you get pre-approved for a mortgage. As soon as you find Garner Iowa homes for sale that you are interested in buying, contact a lender to request an appointment for prequalification or preapproval to minimize any time that may be spent going over this information again. Find Your Perfect Home The first step in the process of buying a home is finding your perfect home. This may seem like an easy task, but it can be more difficult than you think. You will want to find something that fits your budget, needs, and wants. Once you have found some homes in the area that you are considering, schedule a walk-through with the broker or owner of the property. Research Neighborhoods AndSchools Before you start your search, research the neighborhoods and schools in your desired area. It’s best to do this before house hunting so you can narrow down your options. Search ForHomes To Find The Best Fit If you are thinking about buying a home, the first step is to find homes that are on the market. You can do this by searching on local real estate listings or by asking your agent to send you new listings as they come in. However, it is important to note that no home is perfect so it may be a good idea to set up a search that includes the features most important to you. For example, if you have children and want a backyard with enough room for them to play sports and games, you might search for homes with more than an acre of land. Addressing Contingencies When buying a home, it is important to consider contingencies. When contingencies are not addressed at the time of purchase, issues can arise, and the risk of losing your investment increases. A contingency is something that needs to happen to finalize the sale. Common contingencies are: 1) The buyer or his/her agent must be able to get a loan with favorable terms 2) The appraiser must value the home at an acceptable price 3) There cannot be any adverse changes to the property since the agreement was made If one of these contingencies becomes false, buyers have the right to withdraw their offer without penalty. And if all three conditions become false, then there is no obligation on either side. This means that you would not owe any money or find yourself liable for anything. These contingencies allow buyers an escape route if they should need it.