Buying a home can seem extremely daunting. Where do you even start?
Here is a quick overview of the buying process timeline…
Find the Right Agent. You never want to start the home search without a knowledgeable real estate agent in your corner. Find someone who knows the market, how to negotiate, and the ins and outs of a transaction. And you’re in luck…you’ve got one right here!
Get Pre-Approved. Before you start looking for your new home, you want to sit down with a lender and get pre-approved. This will help you determine your price range and set you up for success when making an offer.
Find Your Home. Once you have a pre-approval, the search is on! Your real estate agent will help you not only search for homes and show them to you but help answer questions and prepare the strongest offer when the time comes.
Make an Offer. When you find the perfect home for you, your agent should help you review comparable sales, as well as other factors like inspections and repairs, and help you structure an offer and negotiate a price and contract you are happy with.
Inspection and Appraisal. Once you are under contract on your new home, you will want to have the home inspected, appraised, and review other due diligence documents to insure you are comfortable with the home purchase.
Finalize Negotiations & Repairs. Final negotiations will be made regarding any inspection, appraisal, or other issues, and the loan will be put through final underwriting.
Closing Day! Once the loan is approved, you are ready to head to the closing table. Real estate documents and loan documents will need to be signed and money collected before you get those keys in hand.