A real estate agent is a huge asset to you as you go through the home-buying process. They will serve as your expert guide and negotiator always working on your behalf.

Lenders recommend that you spend no more than 3-5 times your annual income on a new home. Get a credit check and pre-approval to make the process much quicker.

Make a list of all the things you need and want in a new home. We will start touring homes and weigh all the positive and negative aspects of each one.

Once you've found the home you want, the next step is to make an offer. We will look at comparable properties in the area and decide on a strong first offer.

After the initial offer, the owner may come back with a counter-offer. As a buyer, don't be afraid to bargain for what you want.

Plan to attend the inspection and ask any questions you have. You will receive a report of findings, but it can be easier to see the issue and hear the information directly from the inspector.

The home appraiser will evaluate the condition of the house, and do a title search to make sure that it is not being sold by someone who does not own it.

The loan is only fully complete after the lender approves the loan. You will receive a final approval letter after they review your income, credit report and employment status once more.

You will want to get movers scheduled as soon as possible. Make sure to avoid scheduling the move and closing on the same day if possible.

Closing is the final step for you to become the legal owner of your home. You will take a final walk-through just before closing to assure that negotiated work has been completed and everything is in working order.