In the maze of forms, financing, inspections, marketing, pricing, and negotiating, it makes sense to work with professionals who know the community and much more. These professionals are the local Realtors who serve our area. Look for one who works with a team of people who can offer suggestions about home inspectors, insurance agents, etc. Realtors do a lot of your groundwork up front for you by contacting listing agents to set up showings and help you negotiate the purchase. The best part is, a buyer doesn’t pay for working with a Realtor. The service is free for a buyer, as sellers pay all the commission. There are three great Realtors right here on this site!! Contact one of us today.
Most first-time buyers need to finance their home purchase, and a consultation with a mortgage lender is a crucial step in the process. In most instances, sellers will not even entertain an offer that’s not accompanied with a mortgage pre-approval. That's why – if you don't have all cash (how many first-time buyers do do?) – your next step is talking to a lender and/or mortgage broker. We have lenders that we work closely with. We would be happy to introduce them to you so you can find out how they can assist you in the home buying process. There are a variety of loan types that you may qualify for... from FHA, USDA, Conventional, and even VA loans. Our "lending experts" will be happy to help find the best option for you.
A quick search on our site will bring up thousands of homes for sale. Educating yourself on our local market and working with an experienced Realtor can help you narrow your priorities and make an informed decision about which home to choose.Take as much time as you need to find the right home. Start touring homes in your price range. It might be helpful to take notes on all the homes you visit. You will see a lot of houses! It can be hard to remember everything about them, so you might want to take pictures or video to help you remember each home.
Make sure to check out the little details of each house. For example:
It’s also important to evaluate the neighborhood and make a note of things such as:
Once you find the perfect home, work with your Realtor to negotiate a fair offer based on the value of comparable homes in the same neighborhood. Your Realtor will represent you and speak on your behalf. Once you and the seller have reached agreement on a price, the house will go into escrow, which is the period of time it takes to complete all of the remaining steps in the home buying process.
Typically, purchase offers are contingent on a home inspection of the property to check for signs of structural damage or things that may need fixing. Your Realtor will help you arrange to have this inspection conducted within a few days of your offer being accepted by the seller. This contingency protects you by giving you a chance to renegotiate your offer or withdraw it without penalty if the inspection reveals significant material damage. You can then decide if you want to ask the seller to fix anything on the property before closing the sale. Before the sale closes, you will have a walk-through of the house, which gives you the chance to confirm that any agreed-upon repairs have been made.
Your lender will arrange for an appraiser to provide an independent estimate of the value of the house you are buying. The appraiser is a member of a third party company and is not directly associated with the lender. The appraisal will let all the parties involved know that you are paying a fair price for the home.
At closing, you will sign all of the paperwork required to complete the purchase, including your loan documents. In most cases, you will get the keys to your new home the same day you close. Your Realtor will guide you through the entire process, coordinate every step of the transaction while keeping you informed along the way. Let us put our skills to work for you! Contact one of our agents on this site today.