Cottage Style House – Beautiful Small Home in the USA

1. Detailed Description of the House in the Image

The house in the image follows the Cottage Style House design, also known as the American countryside home. It features a modern yet slightly classic touch, making it ideal for small families or those who prefer a cozy living space.

Key Features:

• Architecture: Steep-pitched roof, simple yet elegant design.
• Facade: White-painted exterior with prominent wooden trims, creating a rustic yet modern look.
• Doors & Windows: Large glass panels maximize natural light, making the interior bright and airy.
• Porch: A relaxing space with small tables and chairs, perfect for tea time or reading.

Floor Plan:

• Size: Approximately 100m².
• Spacious living room connected to an open kitchen.
• 2 bedrooms: One master bedroom and a secondary bedroom.
• 2 modern bathrooms.
• Separate laundry area.
• Storage space and a wide hallway for optimized functionality.

2.Requirements for Buying a House in the USA

A. Financial Requirements

• Stable income to afford monthly mortgage payments.
• Good credit score (typically 620 or higher for better mortgage approval chances).
• A down payment (usually 3-20% of the home's value).
• Proof of income through pay stubs or tax returns.
• Additional costs, such as home insurance and property taxes.

B. Legal Requirements

• Must be a U.S. citizen, permanent resident (Green Card), or have an eligible visa for home loans.
• Provide valid identification documents.
• Foreign buyers must prepare additional financial documentation and often face higher interest rates on loans.

3. Home Buying Process in the USA

Step 1: Determine Budget & Loan Eligibility

• Assess financial capacity and loan pre-approval amount.
• Calculate the down payment and other related costs.

Step 2: Search for a Home

• Contact a real estate agent.
• Choose a location that fits your budget and needs.
• Visit homes to evaluate their condition.

Step 3: Inspection & Price Negotiation

• Verify legal status and condition of the property.
• Negotiate the price and contract terms with the seller.

Step 4: Sign Contract & Finalize Loan

• Sign the official purchase agreement.
• Complete the mortgage application and necessary fees.

Step 5: Finalize Transaction & Receive the House

• Make final payments and close the deal.
• Receive keys and complete ownership transfer documents.

4. Costs of Completing a House in the USA

A. Mandatory Costs

• Home purchase price: Varies by location, typically $200,000 - $500,000.
• Mortgage loan fees: Around 3-5% of the home value.
• Annual property taxes.
• Home insurance costs.
• Home inspection fees before purchase.

B. Interior Completion Costs

• Basic furniture: $5,000 - $15,000.
• Luxury furnishings: $20,000 - $50,000.
• Additional renovations (extra rooms, outdoor areas): $10,000 - $30,000.

5. Summary of Requirements for a Completed Home

✔ Meet financial and legal requirements.
✔ Choose a home that fits your budget.
✔ Follow the complete buying process and paperwork.
✔ Plan for furnishing and maintenance costs.