When you decide you are ready to buy a home, there are many factors to consider. The home buying process typically includes many of the following elements. Your REALTOR® will be your key resource and guide you every step of the way.
Select a REALTORŪ
Choose a REALTOR® to guide you in the process of buying a home – Why A REALTOR®?
Discuss agency choices and select appropriate working relationship
Obtain Financing
Find a mortgage company
Consult with a loan officer
Get pre-qualified
Obtain loan pre-approval
Find the Right Home
Determine your wants and needs based on your budget
View properties with your REALTOR®
Choose the right home
Make an Offer
Review comparable sales to determine offer price
Review progress of loan pre-approval; decide on financing
Decide on other terms - inspections, possession date, personal property, etc.
You will be required to provide earnest money
Your REALTOR® will prepare the purchase agreement and present the offer
Negotiations
The seller will either accept, reject or counter your offer
Review the terms of any counteroffers and make any needed changes
With an accepted offer – select a qualified home inspection professional
Close on your home!
Your REALTOR®, loan officer and title company will walk you through this process
