Step-by-Step Process For Buying A Home…
Whether you’re a first-time buyer, a move-up buyer, downsizing or relocating from out of state, the process of
buying a home can be overwhelming. My goal is to take the fear out of the home-buying process and the best
way to do that is by sharing my knowledge and offering exceptional customer service.
Here is my step-by-step process of buying a home;
Step 1: Get Prequalified By A Lender
Before you start looking at properties, you’ll need to know how much you can actually afford. Many buyer’s visit
open houses or have a Realtor show them properties before even talking with a lender which could potentially
lead to a missed opportunity. Being financially prepared puts you in a better position to successfully negotiate a
winning contract. I was a residential loan officer for fifteen years prior to becoming a Realtor. My extensive
knowledge of the lending industry has proven to be a valuable asset for my clients. If you don’t have a lender or
you need a recommendation, I can put you in touch with lenders that meet your specific needs.
Be sure you talk with the lender to understand all the costs involved with the transaction so there are no
surprises. Closing costs can include (but are not limited to) property inspection fees, appraisal fees, down
payment, title fees, attorney fees, and lender fees. Often times a seller closing cost credit can be negotiated in
the contract to help minimize your out of pocket expense. Again, this is something I’m well-versed in and I’m
able to guide you through the whole process.
Step 2: Prepare For The Property Search
Prepare your wish list of everything you want and need in your new home; i.e, How many bedrooms and
bathrooms, how big do you want the kitchen to be? Do you want a finished basement? Do you need a big yard
for your kids and/or pets to play in? Jot down everything that’s important to you. Once you’ve made a list of your must-have’s, think about the kind of neighborhood you want, schools in the area,
the length of your commute to and from work, and the convenience of local shopping. Consider taking a drive
through neighborhoods in areas you’re interested in. Knowing where you want to be and where you don’t helps
you narrow down your search.
Step 3: Scheduling And Touring properties
When you’re first starting out there may be a large list of potential properties for you to consider. I always
suggest taking a little extra time to read through all the features of the property listings and view the property
photos for obvious reasons you may want to remove a property from your list. This will help you be more
efficient with your time. If possible, try and limit touring no more than four properties at a time. Features of the
properties tend to run together if you see too many during an outing.
Step 4: Writing An Offer
Once you find that perfect property it’s time to prepare an offer. The terms of the offer will be unique to your
personal needs. Deciding on the appropriate offer price is important so understanding current market conditions and values are necessary components. I spend a lot of time keeping up with market trends and monitoring
values so I can confidently guide you through the process.
Please contact me for more information regarding the buying process. I’m here to help!