How Do You Buy a House? With Mortgage Advisor Tyler Howe

Catching up on our high school history, including when Tyler was my mom’s assistant

Why the mortgage and home buying process is confusing and overwhelming for so many

The basics of what a mortgage is

Tyler walks us through a hypothetical home buying process and gives his advice on essential first steps

The pre-approval process and the basics of getting a loan

On typical mortgage down-payments and how mortgage insurance works

How taxes come into play with home buying

The value of reputation and referral for brokers and realtors

Red flags to look out for with realtors

What sellers look for in offers and homebuyers, including contingencies

The hectic nature of the housing market right now

What happens once an offer on a house is accepted, from attorney review to closing

Why you want to invest in thorough inspections as a homebuyer

How appraisals work and how they influence contracts

How to use the market to your advantage as a buyer

Tyler’s advice for best positioning yourself to get a loan and make mortgage payments