I'm a 20 year old college student who doesn't really know what all the processes to buying a new home are.
So for example. Let's say I find a home for $75,000 that I like and would like to purchase. What are the steps I go through to buy the home & what are all the expenses I'm going to have to pay? (I'm looking for the terms, not necessarily a dollar figure, but you can give an estimate on a $75,000 house if you feel like that would help).
I'm just not sure what all the terms are like mortgage, and what the difference between buying a house & renting to buy & all that.
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