Shopping for a home takes time and hard work, but the effort is worth it if you find a home that's right for you. First step is to determine your price range and your housing needs Second step is to work with a real estate agent who can show you homes on the market, present your offer to the seller, and advise you regarding mortgage lenders, real estate attorneys and licensed home inspectors. (Useful links: www.ABR.com and www.crs.com). Third step – When you have located the house you want, it's time to negotiate the purchase price and sales contract with the seller and, before the sales contract is signed, to hire the services of a licensed home inspector. Fourth step – If you reach an agreement with the seller on the final purchase price and the terms of the contract (including any contingencies), the next step is to obtain financing , to shop for a mortgage loan that carries the most favorable terms to fit your home financing needs. (Useful link: www.Fanniemae.com). If your application is approved by your lender, you're well on your way to homeownership. Fifth step – Making a final walk-through inspection of the property on the day before closing is essential. Sixth step – Settlement or closing on your home purchase need not be a stressful experience if you now what to expect and prepare for it . The actual closing itself involves the explanation and signing of the closing documents, the allocation and payment of closing costs, and getting the keys to your new home. Homeownership may provide you with significant tax advantages. And, as you pay down your mortgage over time and the market value of your home increases, you have the satisfaction of knowing that you are building equity for the future. Good Luck !