buyers

Buyer's Guide

For detailed process click the photo above
  • Get Pre-Approved for a Mortgage

Pre-approval shows sellers you’re a serious buyer and helps you understand your budget. Gather financial documents like W-2s, bank statements, and credit reports. Contact lenders to get pre-approved.

  • Determine Your Budget

Knowing your budget helps you avoid homes that are out of your price range. Consider all costs, including down payment, closing costs, property taxes, and maintenance.

  • Research Neighborhoods

The location of your home can significantly impact your lifestyle and property value. Look for neighborhoods with good schools, low crime rates, and amenities that match your lifestyle.

  • Hire a Reputable Real Estate Agent

An experienced agent can guide you through the homebuying process, negotiate on your behalf, and help you find the best deals. Ask for recommendations, check reviews, and interview multiple agents or contact us before making a decision.

 

  • Sign a Written Buyer Agreement

As of August 17, 2024, NAR requires a written agreement before touring homes to ensure transparency and clear terms. 

The agreement must include:

  • The amount or rate of compensation the agent will receive.
  • A statement that broker fees and commissions are fully negotiable.
  • A term prohibiting the agent from receiving compensation from any source that exceeds the agreed amount.
  • Any provisions required by law.
 
  • Find the Right Property

Finding a home that meets your needs and preferences is crucial. Work with your agent to tour homes, both in-person and virtually, and make a list of must-have features.

  • Make an Offer

Making a competitive offer can help you secure your desired home. Your agent will help you determine a fair offer price based on market conditions and comparable properties.

  • Conduct a Home Inspection

A home inspection can reveal potential issues that might not be visible during a regular showing. Hire a certified home inspector to thoroughly check the property and provide a detailed report.

  • Finalize Financing

Securing your mortgage is a critical step in the homebuying process. Work with your lender to complete the necessary paperwork and lock in your interest rate.

  • Close the Deal

Closing is the final step in the homebuying process. Review all closing documents, ensure all conditions are met, and sign the necessary paperwork to transfer ownership.

  • Move In and Enjoy Your New Home!

Moving into your new home is an exciting milestone. Plan your move, set up utilities, and start enjoying your new space.

 

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