How to Buy a House in Washington: Step-by-Step Guide
Follow these 10 steps to navigate the home buying process in Washington. Washington does not require an attorney at closing.
Check Your Credit Score & Finances
Review your credit report, calculate your debt-to-income ratio, and determine how much you can afford. Most lenders want a credit score of 620+ for conventional loans, or 580+ for FHA loans.
Get Pre-Approved for a Mortgage
Contact multiple lenders to compare rates and get a pre-approval letter. This shows sellers you're a serious buyer and tells you exactly how much you can borrow.
Washington Note: The current FHA loan limit in Washington is $977,500.
Find a Real Estate Agent
Work with a licensed Washington real estate agent who knows your target area. Agents are regulated by the Washington Department of Licensing.
Search for Homes & Make an Offer
Browse listings in Washington where the average home price is $626,603. Homes typically stay on market for 32 days. When you find the right one, your agent will help you submit a competitive offer.
Get a Home Inspection
Hire a licensed home inspector to evaluate the property's condition. This typically costs $300-$500 and can save you from expensive surprises.
Secure Your Financing
Finalize your mortgage application, lock in your interest rate, and provide all required documentation to your lender. The lender will order an appraisal.
Get Homeowners Insurance
Shop for homeowners insurance in Washington. Your lender will require proof of insurance before closing. Compare at least 3-4 quotes.
Review Closing Disclosure
You'll receive a Closing Disclosure at least 3 business days before closing. In Washington, average closing costs are $13,220 (2.11% of the home price). Review every line carefully.
Close on Your New Home
At closing, you'll sign all final documents, pay your closing costs, and receive the keys. Washington does not require an attorney at closing, though you may choose to hire one.
Move In & File Your Homestead Exemption
Congratulations! After moving in, file for Washington's homestead exemption (Up to $125,000) to reduce your property taxes.
Washington Legal Quick Reference
Conveyance
Warranty, bargain-and-sale or quitclaim deed (non-statutory deeds sometimes used)
Security
Deed of trust, mortgage or long-term real-estate contract
Foreclosure
Non-Judicial
Attorney
Optional
Seller Disclosure Requirements
Sellers must disclose structural issues, water/sewage systems, the condition of systems and fixtures, title issues and environmental hazards. If the property is in a homeowners' association, sellers must explain common areas and how to obtain governing documents. Extra requirements apply to manufactured or mobile homes, newly built homes and unimproved residential land.
