1. Get Pre-Approved
Research and appoint a lender to assist you in securing a home loan. Buyers with financing in place better their odds of acceptance when submitting an offer.
2. How Much House Can You Afford?
A lender will calculate the maximum loan amount you qualify for based on your credit score, annual income and outstanding debt.
3. Find A Real Estate Agent
Find a professional real estate agent to guide you through the home buying process. A seasoned agent will provide market insight, negotiate best price, and facilitate all paperwork.
4. Start The Home Search
Start an online search for properties available in your area based on your needs and budget. Your agent will email the MLS information for homes of interest as well as schedule viewings.
5. Make An Offer and Finalize Loan Application
Submit an offer based on comparative market analysis and local trend knowledge provided by your agent. The offer includes all details pertaining to the following:price, financing, inspections, contingencies, timeframes, surveys, and more.
6. Schedule Inspections, Appraisal and Survey’s
Schedule a home inspection by a licensed and certified inspector. Be present during the inspection to ask questions and address any concerns. Additional inspections may include electrical, plumbing, structural, septic, well, and more.
7. Close and Move
Schedule a final walk through to insure the property is in the agreed upon condition. Sign all bank loan and title company documents. Grab the keys and enjoy your new home!