Because buying a home is one of the greatest investments in your life, it is important to navigate through the process step by step. Please follow our Home Buyer’s Roadmap to learn more about the route to buying a home.
1. Meet with A Real Estate Professional
• Discuss the type of home you’re looking for, including style, price, and location.
As a home buyer, your agent’s commission is paid by the seller of the home in almost all circumstances. This means your representation costs you nothing!
2. Get Pre-Approved
• You will need pay stubs, W2s, and bank statements. Knowing what you can afford is critical to a successful home shopping experience.
3. Search For Homes
• The fun part! Your agent will schedule showings and help you find the perfect home.
Not all real estate websites are the same. Your real estate professional has told and systems to ensure you see every available home that meets your criteria.
4. Make An Offer
• Your agent will prepare the offer based on the price and terms you choose.
5. Negotiation And Contract
• It may take a few tries to get it just right, but hang in there. You’re on your way!
In most cases the contract provides you with a timeline to obtain financing, as well as time to inspect the physical condition of the home. Your real estate professional will inform you of all your rights and responsibilities related to the contract.
6. Under Contract
• You and the Seller have agreed to the price and terms. The home is effectively held for you until closing.
7. Final Details
• Perform due diligence, order the appraisal, conduct an inspection, and review terms with the lender.
*Preparing For Closing
You will be finalizing your loan, reviewing documents, and discussing the finding from the inspection. Your agent will be managing this entire process for you.
The information enclosed in the Home Buyers Guide is written by professionals including mortgage and down payment advice and insider tips on successfully buying a home. When you sign up today, you will have access to this guide, FREE! Let’s begin the journey together to buying your dream home today!