“ An agent who won't take thirty minutes of their time to help you understand what to expect when you're buying a home, even if you are not retaining their services, should be avoided.”

Step 1. Get Your Finances in Order - Order your credit reports and dispute any errors. Don’t make any large purchases 6 months prior to speaking with a lender.
Step 2. Get Familiar with the Mortgage Industry - Finding the right loan and lender is crucial to your home buying success. If you have any questions at all, please contact my team member Amy Adamaitis here.
Step 3. Get Pre-Approved for a Mortgage - Pre-approval helps you in many ways. Consider this scenario. A home seller gets two similar offers; a letter accompanies one from the buyer's bank that states she is pre-approved for a mortgage in the amount of the offer. The other has no supporting documents. Which offer do you think the seller will consider first? Do you know how much house you can afford? Probably not, until you've talked with a lender.
Step 4. Determine Your Wants and Needs - Buying a home isn't as difficult as you might think, even if you're short on funds, but the process will go a lot smoother if you get familiar with your real estate market and narrow down your wants and needs before you start looking at houses. It helps to get together and make lists of wants; a pool, large yard, etc. and your needs; at least 2 bathrooms and 2 bedrooms for the kids.
Step 5. Learn to Work with Real Estate Agents - Real estate agents represent buyers, sellers, or both. It's essential to understand agent duties and loyalties before you make that first phone call. Be sure that it is someone who will make themselves available for any questions or concerns that you may have.
Step 6. Start Searching for a Home -This is the fun part. Your agent should have many options for you to tour within your search criteria. You can also preview open houses on your own. This is where your wants and needs come into play, and the possibilities begin to arise of finding your dream home.
Step 7. Make an Offer - A true real estate buyer’s agent will help you determine the best price and terms to offer for a property. The agent will discuss comparable properties and should be fully involved in offer strategies.
Step 8. Home Inspections -This is yet another area where the expertise of your Real Estate professional becomes very valuable. Pests, mold, lead paint, and many other inspections and forms will be covered to guard the client’s interests and investment.
Step 9. Avoiding and Correcting Last Minute Problems - As your closing date nears, everyone involved in your real estate transaction should check its progress on a daily basis, because staying on top of things means you'll know immediately if there's a problem that must be dealt with.
Step 10. Closing - Most of your home buying problems are behind you now and you're on your way to closing, also called settlement, the event that transfers ownership of the property to you.

Never hesitate to ask questions. Ask as many questions as necessary to help you understand the entire home buying process. You are making a long-term commitment and spending a major amount of money, you'll feel much better about the transaction if you stay informed and understand what's happening every step along the way.


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