Buying a home might seem like a huge undertaking. It’s not something you do every day, so you might not know what to expect. Most buyers don’t. Learning the home-buying process can take the mystery out of buying a new home, and allow you to approach each step with confidence.
#1 – Decide on a real estate agent you would like to work with. They will be your guide through the process.
#2 – Get a loan pre-approval and determine your budget and terms.
#3 – Go house hunting and find a home you love.
#4 – Negotiate the price and terms.
#5 – Enter the contract period and place a deposit.
#6 – Perform home inspections.
#7 – Receive the appraisal and obtain final loan approval.
#8 – Review all information and remove contingencies if you are satisfied.
#9 – Close on your new home.
As you can see, buying a home is really a series of small decisions. As long as you continue to find the information you receive acceptable, you will move through the process towards the close. If not, then you can negotiate with the seller or cancel and start over with another property. Buying a home is exciting, and understanding the process can help you avoid unnecessary stress.
As always, contact us if we can assist you in any way.
-Kira Brown, “Beach Living Made A Breeze!”
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