Buying your new home…a 7 step process
1. What are your needs? Sit with your Broker and discuss what your wants/needs are. Where do you want to live, what type of home do you want, etc?
2. Get pre-approved for a home loan. This will give you more muscle when negotiating for your home.
3. Start shopping for your home. Given plenty of detail in step 1, your Broker can lead you to homes that fit your desires.
4. Found your new home? Now let’s make an offer! Working closely with your real estate, and their knowledge of real estate, you will discuss the relevant factors and put together an offer which your agent will present to the listing agent.
5. Work out a deal. Though sometimes the seller accepts the offer right away, many times more negotiations take place. In today’s buyers market, this gives you leverage. Don’t worry; your Broker will guide you through the entire process.
6. Get ready to close. Once an offer has been agreed to, your Broker will guide you through the pre-closing agenda. Such as getting a closing attorney, an inspection, a home warranty, insurance, and more.
7. Making it yours. After all agreed upon items are completed and the loan is ready to fund, you, your Broker and the sellers will attend a closing at your attorney’s office. Here all appropriate documents are signed, and legal title is transferred to you. Congratulations on your new home!!!Want more specifics? Let me know.
Filed under: buyers

