Ready to buy a home, but not sure how to get started? We are about to walk you through the home buying process and hopefully clear up any uncertainty.
Here's a quick look at the First Time Home Buyer steps:
1. Decide you are ready to stop renting.
2. Get Pre-Approved with a Lender or Bank.
3. Home Shopping.
4. Make an Offer & Negotiate.
5. Schedule Home Inspection & Appraisal.
6. Pre-Closing: Confirm Repairs, Final Walkthrough, etc
Stop wasting money on rent.
If you are renting, then you are already paying a mortgage - just not your own. There’s no better time than now to start investing in your tomorrow. Mortgage payments are usually less than rent. Believe us, you can afford a mortgage payment if you are already responsible for making a rent payment.
Getting a Loan.
This should be the first step of your process. Contact any of our agents and we can connect you with a lender to get you pre-approved. A lender will collect information about your income and credit, so be prepared to share that information!
Did you know that most sellers expect buyers to have a pre-approval letter and will be more willing to negotiate if you do? Making pre-approval a key first step in the home buying process, and something that will save you a lot of hassle in the long run. Questions about the next steps? Contact us now!
Finding your future home.
Whether you want to look at 1 or 100, we won’t stop until we find the home you want. Do not be discouraged if you don't find "the one" immediately. Homebuyers say that the most difficult part of the entire home buying process is finding the perfect home for their needs. Keep in mind that most buyers are hunting for their home for 10 weeks on average!
Be sure to make an account on our website. You can create saved searches with all your home preferences so we can send you homes that meet your criteria as soon as they hit the market.
Lots of paperwork and waiting.
Too often, buyers are disappointed because an agent did not tell them what they should expect after finding a property. Having a Realtor on your side ensures you are getting the best negotiations and guidance through the closing process. Once you find your dream house, there is still a lot of work to do! The entire process from negotiating and submitting an offer to the day of closing takes about 30 to 45 days.
The biggest surprise to most buyers are the closing costs, 25% of buyers to be exact. The good news is we have a negotiation strategy that can get a seller to pay your closing costs! Our agents will be with you through the entire process to make sure you are not surprised by unexpected steps.
Our role in the process.
Any major purchase requires research, careful analysis, consideration, and thought. Home buying isn't any different! Determining the right location, the number of bedrooms or bathrooms needed, and outdoor space are the easier things.
However, there are many other factors to think about in your home search. From your initial search to the moment you get the keys to your new home, we will be there, guiding you through the process. We can even help connect you with mortgage professionals, inspectors, insurance providers, and more to get the best rates.
Contact any of our agents to jump start your home buying process or just to chat! We are always available to answer any questions you may have.