A Homebuyer’s Journey

At Washington Homeownership Resource Center, we offer a guided path to navigate your homeownership journey, with free or low-cost, carefully vetted, and helpful support along the way.

DOWNLOAD PDF VERSION

Scroll down to learn about the 10 steps

STEP 01

Call our Hotline or attend a Homebuyer Info Session

We’ll discuss your goals and provide information and resources for getting started. The WHRC hotline is 1-877-894-HOME (4663).

Register for an Info Session

STEP 02

Meet with a housing counselor

We will connect you with a HUD-certified housing counselor from our verified non-profit network. They will serve as a trusted advisor throughout your homeownership journey, helping you navigate milestones and challenges.

STEP 03

Plan your homeownership path

With your housing counselor, you will create a budget, determine a timeline, assess your credit, and explore resources like down payment assistance, affordable homeownership opportunities in your area, and lending options.

STEP 04

Attend a homebuyer education class

The Washington State Housing Finance Commission sponsors homebuyer education courses virtually and in-person throughout the state. This 5-hour course reviews the home purchase process and completion of the class is required by certain down payment assistance and affordable lending programs.

STEP 05

Explore your homebuying options

Consider traditional, market-rate home purchasing as well as learn about additional opportunities such as:

  • Community Land Trust
  • Self Help Housing
  • Shared Equity Co-op

STEP 06

Choose a lender and real estate agent

WHRC maintains a directory of vetted mortgage lending and real estate partners. If you’re interested in referrals, contact our hotline.

STEP 07

Select a home and make an offer!

Your housing counselor and real estate agent can help you make an informed offer on a home. If your offer is not accepted, don’t get discouraged! This is common, and your housing counselor will help you refine your plan and continue your path.

STEP 08

Prepare

If your offer is accepted, then your housing counselor, real estate agent, and lending professional – your homeownership team! – will guide you through the timeline to closing and next steps, including home inspection, appraisal, and paperwork.

STEP 09

Close on your home

The “closing,” or settlement, is the final step before your officially take ownership of the home. Funds are exchanged and key documents are signed to finalize the sale.

STEP 10

Congratulations, you’re a homeowner!

But you’re not done yet – take time to learn all you can to help you sustain homeownership. Your housing counselor offers post-purchase counseling, which includes strategies for maintaining your home, and what to do if you encounter financial challenges.