Buying a home is both thrilling & nerve racking especially if you’re a first-time home buyer. Both experienced & first-time buyers alike will benefit from the FAQ's below.<
Q – I’ve never purchased a home before. Where should I begin? A – You will want to get pre- qulaified with a lender. Make sure to shop around for a lender that will work best for you and your situation. Call multiple lenders and have them answer all your questions to your satisfaction. You’ll want to be sure that you’re comfortable with the lender you choose. Your lender will be able to get you pre-qualified and may even get you fully approved for a loan before you start to shop for a house. Have a down payment and earnest money ready when the time comes to act and make your offer. Q – I want to keep updated on new listings. How can I do this? A – Keeping updated on brand new listings the minute they hit the is easy, Sign up for our MLS search and receive updates via email daily when new properties are added in your criteria. Q- How do I make an offer? What are the steps after that? A- Work with your real estate agent to negotiate a fair offer in writing on the property you liked the best. Your agent will review the comparable homes in the area and you can decide on an offer amount. Keep in mind different variables can come into play here like how long home has been on market, are there already offers on the property, ect. Once the seller accepts your offer, it is customary to open escrow, which entails making an earnest money deposit. Most likely the next step will be to schedule the home inspection, the appraisal will need to be ordered and paid for through lender, the loan will need to be fully approved by underwriting, then you will schedule your signing at the title company, sign closing paperwork, the loan will fund, then you move into your dream home.