Buying a home is one of the most exciting milestones of your life. To prepare yourself for this moment, you need to know what to expect during the process. This step-by-step first time buyer’s guide created by your agent will help reduce the stress of buying a home and help you enjoy the journey as much as possible.
We will set up a time to discuss the neighborhoods you’re considering and I will help guide your search.
Based on your income and credit history, the mortgage broker will determine how much a bank will lend you, to help you settle on a price range.
Now is the time to consider your ideal home’s location and amenities. You will attend viewings and open houses.
Once you identify a home you like, you can put in an offer. The seller will likely return with a counter offer, which you can accept, reject, or make another counter. I will provide advice throughout.
Your attorney's job is vital to protecting your interests,
and to review your paperwork.
You will select all desired inspections and determine the property condition within the agreed timeline and contingencies. You'll also review disclosures and the preliminary title reports.
Organize an appraisal with your bank. Your mortgage application is submitted to your lender for the bank to
issue loan approval.
Confirm that no damage has been done to the home since the inspection and that major systems and
appliances are in working order.
Documents are signed, payment is exchanged, and you receive the keys!
You're a HOMEOWNER.
After signing the final paperwork to complete the purchase, you are now the owner of a new house. It may take a few days for your loan to be funded once the paperwork has been returned to the lender, but once that check is delivered to the seller, you’ll be all set to move into the home of your dreams.