by Caroll » 24 Oct 2012, 13:13
Yes you may by a domain first. It is called Parking a Domain.
Usually a domain could cost $8 to $15. Like godaddy.com.
Once you buy a domain from a domain reseller, they ask you to pay the yearlyfee, and then you will have access to the control panel right away.
Once you buy a hosting company to host your website, you need to change the DNS servers (in the Domain Control PANEL) Very easy, when you buy a host they will tell you how. And you will have a website after a couple of hours.
Some Domain Resellers allow you to place a one page for free. So you can say, Website will launch soon.
Hope I helped. If you need any questions, don't hesitate to ask. I can recommend some decent and cheap and reliable webhost/domains.