Though some real estate laws and customs differ depending on where you live, there are many home buying steps that are standard, even though they might not be accomplished in the same order in every instance.
We have put together some of the items that pertain to most. Please review to assist you in preparing for that very big day. Get your Credit/Finances in Order and find your lender
Your credit report is a primary factor in determining what interest rate you will receive and how much the banks are willing to loan you toward the purchase of the property, so make sure you check it and ensure there are no issues before starting the property search process. Know your financial history before you apply for a mortgage, as errors on credit reports are common and often require a lot of time to clear up.
Most sellers require you to have a pre-approval letter prior to putting in an offer. It is so much easier to negotiate your contract when the financing is done in advance. So where do you start? Well, Checking with your own bank or financial institute is always a good place to start. We do have a preferred lender.
Site Resources for Buying a New Home:
Documents needed for applying for a Mortgage
Now for the fun part. what are you Wants and Needs
The Real Estate Agent
“The Search” Starting to look for your new home
Advice for First Time Home Buyers and Others
The Contract – The Offer
Home Inspections and Other Tests
While You Are Waiting for the Closing Date
Home Buying Questions to Ask Me About
Understanding Your Local Real Estate Market
Real Estate Glossary FAQ’s