Eleven Steps to Buying a Home in the Twin Cities

So you want to buy a house? Congratulations! As first-time homebuyers, the process can be daunting, so we’re here to break it down for you in 11 simple suggestive steps. Tack this to the fridge or keep it in your wallet.

1. Locate and meet with an agent. Specifically, a local Minneapolis- St Paul real estate agent will be able to answer your questions and explain the home-buying process. Education is important.

2. Meet with a mortgage lender/loan officer. Obtaining mortgage preapproval will enable you to better understand the parameters of your home search. You may want to ask your loan officer question pertaining to the mortgage process.

3. Make a wants/needs list. How many rooms do you need? Are you looking for a single-family home or a condo? Maximum number of bedrooms and bathrooms? What are your locations of interest?

4. Begin the home search. Contact your buyer agent to set-up property showings. Visit properties that meet your criteria. Take notes and/or photos so you can discuss it in detail again later.

5. Submit a purchase agreement. Think you found the one? Work with your agent to submit an offer. Your buyer agent has access to the latest technology pertaining to estimate property values, etc.…

6. Receive an agreement/acceptance of your offer. Go to dinner and celebrate!

7. Get a private home inspection. Important note: A private home inspection is not requirement, but electing for a private home inspection contingency may be a wise decision.

8. Property appraisal and title ordered. Specifically, your mortgage lender will take care of this step.

9. Start packing. Contact the local utility companies. 

10. Take a final walk-thru of the property prior to closing. If you have any last-minute questions, now is the time to ask.

Twin Cities Home buying process

RE/MAX Results
Shannon Lindstrom, Realtor®, AHWD, GREEN, NCS
Direct: 612-616-9714

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