Step 1 – Make the Decision to Buy
For most people, buying a home is one of the biggest financial decisions they will ever make. Buying a home is certainly a very exciting time, but it is important that you know all the facts and have a real estate professional supporting you every step of the way. Making sure that buying makes perfect financial sense to fit into your lifestyle is an important step to the process.
Step 2 – Get Professional Guidance
Whether you are looking to buy or sell, it is important that you get help and advice from a trusted real estate professional. When working with Meg and Evan, we 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, we 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. This will also show your seriousness and give you an edge when making an offer to a seller.
Step 3 – Begin the Search
To begin the search, you should have a general idea about the type home you want. We will use all of our resources to find homes that fit your criteria. We 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 4 – Finding your Dream Home
After you find your dream home, we 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 5 – Negotiate the Deal
It is very likely that the seller will submit a counter offer. This should not discourage you and is a very common occurrence in todays’ market. We 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. We are always well-prepared to make this step as easy and stress-free as possible.
Step 6 – Arrange Financing
During the closing period, you will be working with your mortgage lender to obtain the financing you require. Your agent 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 7 – Close the Deal
At the time of submitting your loan application, you will be presented with closing cost estimates and the expected down payment. Your agent will review the closing cost estimate and provide you with an idea of how accurate the estimate is.
Step 8 – 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. Our work doesn’t end here. You will be provided with a checklist of reminders to help make your moving experience a delight!