Step-by-Step Guide for Home Buyers

Call me first, and I'll guide you each step of the way, making your home purchase as easy and straightforward as possible.

Step 1: Get Pre-Approved for a Mortgage

• Gather Financial Documents: Collect the most recent two of each of the following: tax returns, pay stubs, and bank statements.
• Contact a Trusted Lender: Apply for pre-approval to understand how much you can borrow and show sellers you're a serious buyer.

Step 2: Define Your Needs and Wants

• List Priorities: Determine your must-haves (e.g., number of bedrooms, location) and nice-to-haves (e.g., backyard, proximity to schools).
• Consider Future Needs: Think about how your needs might change in the next 5-10 years.

Step 3: Start House Hunting

• Sign a Buyer’s Agreement: Licensed REALTORS® are required to have written agreements in place prior to showing listings outside of our own.
• Attend Open Houses and Private Tours: We'll visit properties that match your criteria and capture your interest.
• Use Online Listings: You'll have access to the most up-to-date and accurate websites and apps to browse homes.
• Keep Notes: I'll provide you with listing details and supplemental information, eg, disclosures, HOA restrictions, etc.

Step 4: Make an Offer

• Analyze Market Value: We'll review recent comparable sales data and market conditions in light of pricing.
• Negotiate Terms: I will strategize with you to establish the price and terms that best position you for success.
• Submit Offer: We will present a written offer including the price, contingencies, and closing date.

Step 5: Conduct Home Inspections and Appraisal

• Hire an Inspector: Schedule a professional home inspection to identify potential issues.
• Review Inspection Report: We will discuss findings and decide if you need repairs or adjustments to the offer.
• Appraisal: Your lender will order an appraisal to ensure the home's value matches the loan amount.

Step 6: Secure Financing

• Finalize Loan Application: Submit necessary documents to your lender.
• Lock in Interest Rate: Decide when to lock your interest rate.
• Receive Loan Approval: Wait for the lender’s final approval.

Step 7: Close the Deal

• Review Closing Disclosure: Check the final terms and costs of your mortgage.
• Attend Closing Meeting: Sign all necessary documents and pay any necessary closing costs.
• Receive Keys: Once the transaction is complete, you’ll get the keys to your new home.