1—Find A Realtor
Why? They answer your questions, represent your best interest vs. the sellers
and it’s FREE for you.
Meet with a lender to determine the max loan amount you are approved for.
Prelim documents required: W-2s, pay stub, bank statements & tax returns
3—Find A Home
Communicate your wants & needs to your Realtor, so that they can show you
homes that fit your current needs
4—Make An Offer
Your Realtor will negotiate on your behalf to get your offer accepted.
Your lender will work on getting your loan approved, while your Realtor takes care of the rest.
Be prepared to read & sign many documents
Home inspection will be conducted by a professional home inspector.
You will receive a list of repairs that may or may not need to be addressed.
Professional home appraiser will determine the value of the home.
This is important, as it can potentially affect your loan.
8—Request for Repairs
Inspection may reveal repairs that incur more costs. You will have an opportunity
to request that the seller either makes these repairs or covers the cost.
All contingencies for this sale will be removed. Loan approval will be one of these
contingencies, confirming that you are ready to close.
Walk through the property with your Realtor to ensure that It is in the same
condition and repairs have been made.
11—Close of Escrow
You are officially a NEW homeowner and your Realtor will deliver you your keys!