1stTimeHomeBuyers.com

 

Buying a home is the single, biggest purchase an individual makes during their lifetime. Purchasing a home is the equivalent of buying 8-10 or more cars as far as the amount of money is concerned. You want to make sure that you do it right!

 

There are a number of steps that need to be taken when you are planning to buy a home. These steps are extremely important if you are going to get the information and knowledge that you should have in order to make an informed buying decision. Although they can be categorized as shown below, each step is an education by itself because they contain a lot of information with which to become familiar.

 

· Visiting with your Realtor

· Getting Pre-Approved

· Going Shopping for a Home

· Making an Offer

· Choosing a Mortgage

· Completing the Home Inspections

· Selecting a Title Company

· Obtaining Homeowner’s Insurance

· Completing the Walkthrough

· Going to Settlement

· Moving Day

 

VISITING WITH YOUR REALTOR

 

             The purpose of visiting with your Realtor is to get acquainted with each other since you will be in constant contact with over the next 60-90 days. During this visit, significant time is spent discussing the steps outlined above and answering any questions that you might have. A home shopping “wish list” will be developed that indicate specifically what features you would like to have in your home. These include type and style of home, it’s location, number of bedrooms and baths, a family room, a garage, a fireplace, a large or small yard, etc. etc. Having an idea of what you want and what your willing to spend will give you an idea of the area where you can expect to find your home. During the Shopping for a Home phase, you will be able to see first hand what your money will get you and then you can zero in on what features of your “wish list” are really important to you!  A Buyer’s Agency Contract will be agreed upon and we will furnish you with a copy of an Estimated Buyer’s Closing Costs sheet outlining the monies that you will need.

 

GETTING PRE-APPROVED

 

             This is an extremely important process because unless you’re paying cash, it doesn’t make sense looking at any homes unless you can be approved for a mortgage. When an offer is made on a property, the seller wants some assurances in writing that you are credit worthy to obtain a home mortgage loan. This is done by including a pre-qualify or pre-approval letter from the mortgage lender. Information is gathered from you regarding your income, current debts, and work history and a meeting is held later with a lender.

            

 

 

At 1stTimeHomeBuyers.com, we believe every buyer should be provided with a uniform, comprehensive buying experience. Over our 20+ years in the real estate business, it has been a known fact that all buyers are not exposed to the same level of information and knowledge that they should have been when they are buying a home.

More often than not, buyers have told us they weren’t made aware of one thing or another. With us as your Realtor®, you can rest assured this will not happen!

In addition, we provide an opportunity for our buyers to help them

 

“Save a Bundle of Money!!!”