Assume that you are the decision maker in a family of four consisting of two adult spouses and two children 8 and 12 years of age.

You have $500,000.00 to buy a house and you have already selected a real estate broker and you already have a loan commitment from a bank. What steps, information and processes will you use to select and buy the house? Please list and explain in detail every step you will take to assure that you are purchasing the best house for you and your family.