So you've decided to buy a home.
Congratulations! Here are some of the steps.
Select a Real Estate Professional - Selecting a Real Estate Professional to assist you with the home buying process is VERY important. Because buying a home is one of the largest and most important purchases you will make in your lifetime you should always consult a real estate professional to assist you. A professional has the expertise, experience and education to help you make good, sound home purchasing decisions. You will work together to find the right home. Your sales associate will notify you when new properties come on the market. He/She can schedule showings, advise you on the real estate process, help you write offers, negotiate terms and coordinate inspections.
Get Pre-Approved/Apply for a Loan- It's important to get a loan officer to pre-approve your mortgage before you start house hunting. A pre-approval is a guarantee that you can qualify for financing to a maximum purchase price and loan amount. This means you can write a stronger purchase offer. In a competitive market, this could mean the difference between acceptance of your offer rather than another buyer's offer. When you apply for a loan, be sure to get a good faith estimate of your closing costs.
Find the Right Home - Search the Internet for property available for sale. You and your Real Estate Agent will search for homes together. Your agent can guide you to the areas you like best. Have fun looking and shopping!
Make an Offer - Once you've found the right home, it's time to write an offer to purchase. Writing the offer is an exciting, emotional and complicated experience. You'll be glad you have an experienced sales associate (like me) at your side to help you through the process.
Order a Home Inspection - A professional home inspection is essential. A professional home inspector sees beyond the cosmetics and surveys the entire house, including structure, roof, exterior and major systems (heating, plumbing, cooling, electrical, ventilation, etc.).
Attend Closing Day - Congratulations, you will soon become a homeowner! At the closing, you will settle all the financial details, the title to your new home will be conveyed and usually you will receive the keys to your new home.
Move In- It's time to actually move in and enjoy your new home. Remember to notifiy the post office of change or address.