The purchase of a home is an exciting time as it is the realization of the American dream come true. It is a great way to build wealth, invest in your future and live a more enjoyable life. The reasons for buying property are as numerous as the people buying, but regardless of yours it is most often one of the largest purchases that you will make during your lifetime. Below are a few things to consider as you prepare to begin. When we meet in person I will share a much more in depth review of the details:

Your Financials:

Saving your money for the down payment and reviewing your financials to determine your comfortable budget are the important first steps. Once you have completed this then it is time to consult with a mortgage broker about a home loan.

Mortgage Qualification:

If you intend on securing a mortgage, connecting with a mortgage lender can help you see how much you will qualify for. Depending on your financials and credit history, a mortgage lender will provide you with a letter stating the amount you qualify for. This is an important letter to accompany any offer you make as it proves your financial credibility.

Select an Attorney:

If you do not already have an attorney in mind, now is a good time to research a few. Let them know you are in the market to buy a property and decide who you will feel comfortable working with so you will be ready to move quickly once your offer has been accepted by the seller.

Begin Property Search:

You may have already begun your preliminary searching online and you may have even visited a few open houses. I will help you focus your search and find properties combined with my local market knowledge and from there we will visit properties that match your desired criteria.

Offer, Purchase & Sales Agreement, Closing:

Since you are well prepared by following the above mentioned steps, when you locate a suitable home we will be ready to submit an offer. It is key to be as prepared as possible in order to present a strong and appealing offer in a timely fashion. Depending on the terms you established, the coming weeks will include a home inspection, review of condo documents if applicable, signing the P&S, submitting your down payment, finalizing a mortgage – and ultimately the closing.

The above are just highlights of the steps, but I am happy to answer any specific questions you may have. I understand this may be a new process to you and it is my goal is to help you feel comfortable and to make your home buying transaction as smooth as possible.

Interested in Buying a Home?

New listings are always coming on the market. Let me help you find your next dream home, whether it’s your first purchase, you’re a veteran home buyer or something in between.