What's the hardest part of buying a house?

Selling your current home (if you have one) This certainly doesn't apply to everyone who's buying a home, but if you already own one, it can be the hardest part of buying a home. There are several reasons why this is true. The first of these is the fact that you are involved in two transactions, not just one. When you decide to buy a home, you may find the paperwork more difficult, although how difficult it is depends on the type of loan you apply for and your work and financial situation.

For example, if you're self-employed, the paperwork and the loan process itself can be more difficult. You'll need to show several years of tax returns and bank statements, just to get started. You might not realize it until you start the process, but buying a home can be very emotional in a number of different ways. San José-Sunnyvale-Santa Clara, California, ties with San Francisco-Oakland-Berkeley, California, as the sixth most difficult metropolitan area to buy a home.

Many of the other hardest things about buying a home can be solved by an experienced real estate agent, to make things easier for you and bring your experience to an otherwise stressful situation. However, the homebuying process can be equally stressful and stressful, especially for the uninitiated. While such a large down payment will ensure that you don't need to buy private mortgage insurance, it's an impractical amount that many homebuyers can afford upfront. Most importantly, make sure you're willing to commit to living in the house you're buying in the near future.

Here's a list of the ten most difficult steps in buying a home to help you prepare for what lies ahead. The reason this is such a difficult part of the homebuying process is that it literally means uprooting your life from one place to another. That said, in general, the following are some of the things that many people say are most difficult when buying a home.