The Buying Process
Every guide, comparison, calculator, and mortgage term we've published on this topic — 13 in total, written for people who have never bought a home.
Read the The Buying Process topic hub overview →- Appraisal vs inspectionComparison6 minWho each one actually protects.
- Clear to close: the final approvalGuide5 minClear to close (CTC) means underwriting is fully done. Here's what happens between CTC and keys.
- Conditional approval: what it means and what comes nextGuide6 minConditional approval is the underwriter's yes — with a to-do list. Here's how to clear conditions fast and get to clear-to-close.
- Earnest money: how it works and when you get it backGuide5 minEarnest money is a deposit that signals you're serious. It's refundable during contingency periods — and forfeited if you walk without cause.
- Getting the keys: the final step of buying a homeGuide6 minThe moment you've been working toward. Here's how key transfer actually happens — and what to do in the first 72 hours.
- How to choose a mortgage lenderGuide7 minRate matters, but so do service, program access, and speed. Here's what actually separates a great lender from a bad one.
- How to choose the right realtorGuide7 minThe right agent saves you 5%+ and years of frustration. The wrong one costs you real money. Here's how to pick.
- How to write a winning offerGuide7 minPrice is only one lever. Terms, contingencies, and timing often matter more. Here's how to craft an offer sellers accept.
- Mortgage funding: the moment the loan actually happensGuide5 minFunding is when the lender wires the loan money to escrow. Here's what happens on funding day — and why it isn't always the same day you sign.
- Recording the deed: when you officially own the homeGuide5 minRecording is the county's public registration of your ownership. It's the legal moment the home becomes yours.
- The Closing Disclosure: what to check before you signGuide6 minThe Closing Disclosure (CD) shows exactly what you'll pay at closing. Federal law gives you 3 days to review — use them.
- The home appraisal: how it works and what happens if it comes in lowGuide7 minThe appraisal protects the lender — and, indirectly, you. Here's what appraisers do, what they look for, and how to handle a low appraisal.
- The home inspection: what actually mattersGuide7 minA home inspection is the most important contingency you have. Here's what inspectors check, what to negotiate on, and what to walk from.