Buying your first home: the whole journey
Process map by Brian. 8 steps, 1 layer. Tags: personal finance, real estate, money.
- You: Decide you are ready to buy
- You: Build your credit and save a down payment
- You: Can you afford the monthly cost?
- Bank: Get a mortgage and close on the house
- Seller: Hand over the keys
- You: Move in and set up your bills
- Tax office: Claim the mortgage interest and property tax deductions
- You: Own a home and build equity