Buying a home can be an overwhelming process. From financing to negotiations to closing, there are a lot of moving pieces that can leave home buyers bewildered.
A professional real estate agent can help guide you through each step of the buying process, offering sound advice along the way. By working with a professional agent who knows the ins and outs of the real estate industry, you’ll not only end up with a great home, but you’ll also walk away with a great experience.
Here is our 8 step buying process to help you understand what to look forward to.
1. Buyer Consultation
Let’s get to know each other! Once you’re ready to work with our team, we’ll meet together for a Buyer Consultation to focus your search and determine what you want and need in a home.
We’ll introduce you to our mortgage partners who can help you determine your buying price range with confidence. Be prepared to dig into paperwork in this part of the process and provide pay stubs, W2’s and tax returns. The lender will do a full review and then tell you what you will be able to borrow in order to purchase a home. This is a vital step in the home buying process!
3. Receive Listing Alerts Based on Your Criteria
At this stage in the process we’ll send you notifications about the listings you’re most likely to be excited about based on your criteria. Be sure to let us know if one (or more) jumps out at you.
4. Schedule Showings
Here’s where the buying process gets really fun! We’ll schedule showings on your top 3-5 homes from your search portal with your buyer agent or a showing agent. After viewing the properties we will go over the touring feedback forms and select the right property for you.
5. Writing Your Offer
When you’re ready to make an offer, your agent will present a written offer to the seller. While everyone loves getting their offer accepted right away, the seller could come back with a counter offer, or reject your initial offer all together. We’re happy to walk you through each of these possibilities and exactly how to handle them. Once an offer is accepted, it’s time to get your financing in order and move forward to the next step!
6. Offer Accepted
We will now go through our due diligence process including mortgage application, inspections & appraisal. Our transaction coordinator will be in contact with more details.
7. Closing Time
You and your agent will perform a final walk through of the property, meet with the title company for all necessary closing documents & you will obtain the keys to your new home.