Let me help you every step of the way. When purchasing a home, you are faced with a multitude of decisions! The primary one is whether you are actually prepared to purchase a home. Locating the perfect home is not always an easy task, and obtaining a mortgage loan can be a complex and tiring process. Although, once you have determined that you are ready to move forward with the required effort towards your home-purchasing goal, the rewards are unquestionable.
While at your side each step of the way, I will make the process of purchasing a home easier, more enjoyable, less time-consuming, and less expensive than if you undertook this challenge on your own. I will help you prepare so that sellers perceive you as a preferred buyer, help you locate and assess properties for sale that match your specifications, and help you through the myriad of details attending the actual purchase.
I am always familiar with the current homes on the market, and I know neighborhood values well, so I can help you determine which properties are fairly-priced and in good condition before you start your search.
Your First Step
Your first step to buying a home is to establish your price range by dealing with a mortgage broker or your financing institution. Using a mortgage broker has its advantages as they will get lenders to compete for your business and likely get you more than one option to choose from.
What's the difference between being pre-qualified and preapproved for a mortgage?
Prequalification is an informal determination by a lending professional that estimates how much mortgage you can afford. This will help you guide your home search to the correct price range.
Preapproval is a written guarantee by a lender or mortgage broker to grant you a loan up to a specified amount. It is a good idea to get preapproved before submitting an offer; sellers will take your offer more seriously than an offer from someone who is only prequalified.
Next Step - Get Yourself a Buyer's agent
Why do I need a buyer’s agent?
A buyer’s agent is committed to working only in the best interests of the buyer – that’s you! Your buyer’s agent knows the local market and will help you determine whether the homes you are looking at are priced fairly. Your agent will also help you cross all of your t’s and dot all of your i’s when navigating contracts and paperwork. Getting an accepted offer on a property is only the first step and one of the easy parts. Working through the process and dealing with potential stumbling blocks and headaches is where a Buyer's agent will be a huge benefit to you.
Start your search
first ask yourself why you want to buy a home: to stop paying rent? To start building equity? To have a place of your own? To raise a family? To entertain business associates? To move up to a bigger house? Next, list what kind of home you'd like and where you would like to be. Be specific. Separate the "must haves" from the "want to haves."
Think of yourself as zeroing in on a target, going from the general to the specific. Consider area (city, suburban neighborhood, country); community (north, south, east, or west side); neighborhood (older and settled or sparkling new; a particular school zone; recreational facilities; and other community services such as transportation, day care, library, stores, entertainment). Ask yourself how many minutes you are willing to commute to work.
Think about home styles. How much space do you need? Does your situation require a one-level home, or are stairs acceptable? Consider size and kind of property. Do you want a newer home, or maybe an older one to fix up? Someday you or your heirs will want to sell. Consider how long you expect to live in this particular home.
I Will Find The Right Homes For You
Once you've been pre-qualified and know what price range you want to stay in, I can help you determine which properties fit your needs by using the (MLS) Multiple Listing Service system to locate them.
I have the best possible resources and communication systems available today to help you locate the homes on the market that match your specifications. You can even search my listings here at my website.
What happens if my offer on a home is rejected?
Don’t be discouraged! Sellers will often reject your first offer, but that doesn’t mean you’ve lost the house of your dreams. Now is the time for smart negotiation, which is exactly where an expert buyer’s agent comes in. You may have to offer more money, but you may also get repairs made or the length of the closing period altered. It is not uncommon for negotiations to go back and forth a few times before a deal is made.
I Will Help You Every Step Of The Way
I will help you complete your financing and inspections, and close on the transaction. My top priority is to make sure that your home buying experience is pleasant, cost-efficient, and successful.