Buying a Home in Katy: Step-by-Step in 2026
From mortgage pre-approval to closing day — every step a Katy buyer needs to know.
Whether you're moving from Houston, relocating to Texas, or buying your first Katy home, here's the full process.
Step 1: Get fully underwritten (not just pre-approved)
Submit pay stubs, W-2s, bank statements to a Katy mortgage broker. You'll get an underwriter's letter — a much stronger offer than pre-approval.
Step 2: Hire a buyer-side realtor
Sign a buyer-agency agreement. Discuss commission and how it's paid (the seller usually still offers it, but post-NAR settlement it's negotiable).
Step 3: Tour with intent
Set a 4-7 day touring window. See 10-15 homes. Decide.
Step 4: Offer + Option Period
In Texas, the option period (usually 5-10 days, $250-500 fee) lets you inspect and back out for any reason.
Step 5: Inspection + Negotiation
Katy home inspectors charge $400-700. Use findings to negotiate repairs or price reduction.
Step 6: Appraisal + Underwriting
3-4 weeks. Lender orders appraisal, underwriter clears file.
Step 7: Final walkthrough + closing
Walkthrough day-of or day-before closing. Bring cashier's check or wire confirmation.