Five Steps to Buying Your Home
The buying process may be often confusing, so here's a list of five easy steps I recommend all my buyers follow. However, this is just a starting spot! If you have questions or need help navigating the home buying world, please give me a call!
Get Pre-Approved
Do not be the buyer who submits an offer and then has to wait for a lender to pre-approve you, just to find out you possibly cannot afford the home. If you submit an offer in today’s market without a pre-approval letter attached, chances are your offer will not even be viewed.
Strong Earnest Money
Be willing to put down a strong earnest money deposit with your offer. This shows the sellers that you are not only interested in the home, but you are invested, and you are serious.
Knowledge is Power
Complete your own research- be knowledgeable about the areas you are interested in and know your “Must Have’s” in a home. Homes are moving quickly in this market. When you find a home you love, you need to move quickly.
Master the Three Cs
Cost, Contingencies, and Closing. In today’s market, a low ball offer will not get you far. The market is too competitive for a seller to waste time with a low-ball offer. Remove as many contingencies from your offer as you can and don’t set a closing date of more than 30-45 days.
Know Your Agent (Give Us a Call!)
Your agent is your most powerful resource in this process. Your agent should be reliable, responsive and able to act quickly when you find the home you want. They should guide you through the entire process, negotiating effectively to your benefit as you undergo the journey to purchasing the one of your largest assets.
