STEPS TO BUYING A HOME

RESEARCH AGENTS

Research local real estate agents with experience to assist with your home selling goals. Review each professionals past sales, reviews and recommendations. A few questions to ask yourself - Are you looking for a full time or part time agent? Are you looking for an agent that is a solo agent or an agent on a team? Are you looking for an agent that has over 5 years of experience? Are you looking for a down payment assistance program or special mortgage program to buy a home? Ensure your agent is knowledgeable about the type of mortgage you are seeking. Different loan programs have different requirements. Are you looking for an agent that has sold homes in the area(s) that you are looking to buy in? When are you available to view homes? Find out your agents availabilty to see if your schedules will align.


HOME WANT & WISH LIST

Determine your wants and needs in a home. What types of features are you looking for in a home?


INTERVIEW AGENT(S)

Interview at least two agents and hire the agent that match your expectations


PRE-APPROVAL

After reviewing different loan programs, get pre-approved with the lender that has the program you seek. It's essential you use a lender that has the track record or closing on time and communicates. A delayed task from a lender could cost you THOU$ANDS of dollars, stress and put your earnest money deposit at risk. Here's a tip - Use one of the recommended lenders from your agent.


HOME PURCHASING STRATEGY


Review the current market, home selling trends, days on market, active inventory, possibly expand home radius and/or home type if necessary. Would you consider a condo instead of a townhom or townhome instead of a single family, etc? Is new construction an option?


SHOWING APPOINTMENT

Prepare mentally for your home purchase. Understand that every homebuyers journey is different based on the market that they are in. Your journey maybe long or short depends on your wants, needs and motivation. If you find a home that's 80% of your wants and needs that's a WIN! Typically, if a buyer finds a home that's 100% or more then they will pay more.


ON THE MARKET TO CLOSING

Follow your real estate agents guidance from buyer consultation to the closing table