Buying a Home

Lessons Covered

  • Buying a Home Planner
  • Buying a Home Timeline Overview
  • The Who's Who of Buying a Home
  • First Time Home Buyer Perks
  • How Do Mortgages Work?
  • How Does Escrow Work?
  • Making an Offer on a Home
  • What Are Points?
  • What Are Real Estate Taxes?
  • What Happens at the Closing?
  • What Is Private Mortgage Insurance (PMI)?
  • What's a Purchase and Sale Agreement?
  • Who Pays for What? (Buyer / Seller)
  • Buying a Home Checklist

Home Buying 101

With preparation that can last months or even years, buying a house is a big financial move. FinancialFit provides the knowledge you need to be a confident first-time homebuyer. Our lessons demystify the home buying process, from financing a mortgage to preparing paperwork on closing day.

What's Involved When Buying a House

There's a lot to consider before signing the paperwork for a new house. At FinancialFit, we provide helpful checklists, definitions, and examples to educate homebuyers on everything they need to know about:

  • Working with a Real Estate Agent
  • Getting Pre-approved
  • Making an Offer
  • Understanding Loan Types and Mortgage Insurance
  • Dealing with Mortgage Loan Officers
  • Choosing a Title Agency
  • Reading a Purchase and Sale Agreement
  • Determining Seller and Buyer Costs
  • Planning for Closing Day

Financing a Home

Our lessons offer helpful tips and advice about the home-buying process. We cover everything from defining what a mortgage is to how escrow works for those in the early stages of purchasing a house. FinancialFit offers information about reducing interest rates with mortgage points and factoring real estate taxes into your payments, too.

Tips for First-Time Homebuyers

Purchasing a house can be intimidating. Our lessons offer a step-by-step look at the process while providing essential information about first-time homebuyer perks. FinancialFit's home-buying learning modules clarify the details of financing and purchasing your first house so buyers can make smart, informed choices for their future.