Buying
Buying Guide
Things to Consider
Buying your dream home should be a rewarding and exciting time in your life, and one that you look back on with fond memories.
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Financing
Understanding the different financing options available and getting pre-approved is the first step in the home buying process. This helps identify the amount the buyer is qualified for.
Identify Buyers Needs and Wants
Identifying what the buyers needs and wants based on the financing is the next step. It helps agent and buyers to be on the same page on the requirements.
House Hunting
House hunting is a marathon and not a sprint. It is best not to rush when searching for your home.
Making and offer and Negotiating
Review the comparable sold properties and negotiate the the correct price. Once the offer is accepted, it is a legally binding document, so understanding what is being putting in the offer is very important.
Inspection & Appraisal
Having a licensed inspector inspect the home is one of the important aspects of home buying process. Based on the inspection report, repair items/offer price can be negotiated. Your lender orders an independent appraisal and in situations where the appraisal comes below the offer price, the offer price can be negotiated.
Closing
Work closely with lender, closing attorney, listing agent to make sure the closing is on track. Do final walk-throughs and make sure all the inspection repairs are completed in a timely fashion.