Steps to Owning a Home
Step 1- Make the Decision to Buy
For most people, buying a home is the biggest decision they will ever make. Buying a home is certainly a very exciting time, but it is important that you know all the facts and making sure buying makes financial sense to fit into your lifestyle.
Step 2- Get Professional Guidance
Whether you are looking to buy or sell, it is important that you get trusted help and advice. I will act as a consultant and guide you through the entire buying process. That includes answering questions about the neighborhood, market conditions, schools, and helping you get the finance you need. At the same time, I will assist you in acquiring a pre-qualified mortgage loan. This will show lenders you are committed to purchasing a home and make your financing arrangements a lot easier.
Step 3- Begin the Search
To begin the search, you should have a general idea about the type home you want. This provides great assistance to me as I use my resources to find homes that fit your criteria. I will also be able to advise you on “hot” markets and any good deals that are available. After touring some homes, your search will be narrowed down, and you will be one step closer to finding your dream home!
Step 5- Finding your Dream Home
After you find your dream home, I will begin the process to get you moved in as quickly and easily as possible. The process usually begins with putting together an offer to the seller that is tailored to your needs. After the seller accepts the offer, closing is usually held within 30-60 days from the offer date.
Step 6- Negotiate the Deal
It is possible that the seller will submit a counter offer. This should not discourage you. I will help you assess the counter offer and help decide whether to accept the counter offer, submit another counter offer, or reject the counter offer and move on. Emotions can often get in the way of making good decisions. I am well-prepared to make this step easy and stress-free.
Step 7- Arrange Financing
During the closing period, you will be working with your mortgage lender to obtain the financing you required. I will also be involved in this step by gathering the necessary property information that the lender requires to help you get that much closer to the end.
Step 8- Close the Deal
At the time of submitting your loan application you will be presented with closing cost estimates and the expected down payment.
Step 9- MOVE IN!
The most exciting step in the home buying process- moving day! A little bit of planning here will help ease the pressure of moving.