It would be easy to buy a home with the Right Real Estate Team…
Whether you’re a first-time home buyer or a seasoned homeowner who’s been around the home buying and selling block a few times, it’s always a good idea to work with a real estate agent when you purchase a home.
Determine How Much You Can Spend And Borrow
- Use an affordability calculator to help you determine how much home you can afford. Using your income, debts, and what you plan on putting down, this calculator will give you a spending limit.
- Find out your credit score and get a credit report. If you need to work on getting your score up, try these tips.
Search For A Mortgage Lender
- Shop around for the best rates and terms, and speak with lenders and brokers to get a better understanding of what mortgage type is best for you.
- Get a good-faith estimate for closing costs (including taxes and attorney fees).
- Get pre-approved for a home loan—not only will you have a better understanding of how much you can borrow, but you’ll also come off as a serious buyer in the seller’s eyes.
Make A List Of Must-Haves
- Figure out what kind of location would suit you best (are you looking for rural, suburban, or city life.
- Choose the amount of bedrooms/bathrooms and the general size of the home you’ll need to accommodate yourself and your family.
Make sure you distinguish absolutely must-haves from features you would like to have—we know you’re searching for your dream home, but categorizing features by importance will call for less headache (and heartache) during the house hunt.
Filling this Buyer Questionnaire may make it easier to get it all together.
Go House Hunting
- Ask me to set up private tours of any homes you’re interested in, so you have time to thoroughly look around, take measurements, and inspect the features.
- Take notes while you’re visiting—after viewing multiple homes it can be hard to remembering distinguishing features that set them apart from one another.
Make An Offer
- Once you find the house you want, make an offer based on the fair market value.
- I will make any negotiations necessary and agree on a purchase price.
Get A Home Inspection & Appraisal
- I may recommend a certified home inspector, and hire any additional professionals needed for services not covered in a traditional inspection (typically pool, mold, and termite inspections are separate).
- The property will be professionally appraised, and we willuse the findings to re-negotiate if necessary.
Close The Deal
- After you complete your loan process with your lender, make sure you have your closing costs and down payments in order (you’re almost there).
- On closing day, you’ll order a final title search and the property title will be transferred to you from the seller.