10 STEPS TO BUYING A HOME

  1. BEGIN BY CONTACTING ME, AN EXPERIENCED PROFESSIONAL REALTOR TO DISCUSS YOUR WANTS AND NEEDS, AND TO LEARN ABOUT FINANCING OPTIONS
  2. GET A PRE-APPROVAL FROM THE LENDER: KNOW HOW MUCH HOUSE YOU CAN AFFORD AND HOW MUCH CASH YOU WILL NEED FOR A DOWN PAYMENT AND CLOSING COST.
  3. CHOOSE YOUR HOME: LOOK AT PROPERTY WITHIN YOUR BUDGET, AND IN THE AREAS WHERE YOU WANT TO BE.
  4. NEGEOTATE A SALES CONTRACT: TERMS OF THE CONTRACT SHOULD INCLUDE THE SALES PRICE AND CLOSING DATE, IT IS GENERALLY CONTINGENT UPON THE BUYER BEING ABLE TO SECURE FINANCING, ATTORNEY APPROVAL, STRUCTURAL INSPECTION, RADON, WATER TESTS, SEPTIC CERTIFICATION, IF APPLICABLE, AND ACKNOWLEDGEMENT THAT THE SELLERS WILL FURNISH A GOOD AND MARKETABLE TITLE AND A SURVEY.
  5. HAVE A HOME INSPECTION SO YOU KNOW EXACTLY WHAT YOU ARE PURCHASING AND HOW TO RUN THE SYSTEMS, WHAT MAINTANCE NEEDS TO BE DONE, AND IF THE HOUSE IS STRUCTURALLY SOUND. REMEMBER THAT NO HOUSE IS PERFECT, AND HOMES ARE GENERALLY PRICED WITH THE CONDITION IN MIND.
  6. PUT IN A FORMAL MORTGAGE APPLICATION: ONCE THE MORTGAGE IS APPROVED, YOU WILL RECEIVE A COMMITMENT LETTER.
  7. RETURN THE LETTER, NOTIFY YOUR ATTORNEY AND REALTOR THAT YOU HAVE THE COMMITTMENT
  8. GET A HOME OWNER’S INSURANCE POLICY
  9. DO A WALKTHROUGH THE MORNING OF CLOSING TO MAKE CERTAIN THE HOUSE IS IN THE SAME CONDITION IT WAS WHEN YOU PURCHASED IT. HAVE THE UTILITIES CHANGED OVER TO YOUR NAME.
  10. GO TO THE CLOSING, SIGN THE PAPERS, PICK UP THE KEYS AND ENJOY YOUR NEW HOME.