Step One
Get Ready For Homeownership
- Build a good credit history
- Contact a mortgage lender (Please let me know if you need any assistance with this)
- Find out what types of mortgages you quality for
- Obtain a loan pre-approval letter
- Consider hiring an attorney to review all contracts and agreements associated with the home buying process
- Save up for a down payment (typically 3-20% of property’s value)
- Consider closing costs which can include taxes, attorney’s fees, and transfer fees
- Consider utilities and monthly bills, such as homeowner's assessments
Step Two
Hire Me As Your REALTOR®
- Ask me about my First Time Homebuyer incentive
- Take a look at my client testimonials under the 'About' tab
- Ask me about buyer's representation contracts and agreements; make sure you understand the terms
- Complete the Prospective Buyer questionnaire under the 'Buying' tab to help me gain a better understanding of your real estate needs
- Schedule a Buyer Consultation with me
Step Three
Find The Right Property
- Determine what is important to you, such as particular schools, neighborhood amenities, monthly mortgage payment, public transportation, walkability, etc.
- Make sure you include home owner’s assessments, utilities, and taxes when calculating the monthly mortgage payment
- After we've completed your Buyer Consultation, you will begin receiving prospective properties directly to your e-mail inbox
- Review those properties and share with me your properties of interest
Finance The Property
- Contact your mortgage broker or lender
- The lender or attorney will run a title search to ensure there are no clouds on the title
- Make sure you understand the financing terms—ask the lender for clarification, if needed
Step Four
Make An Offer
- Ensure the property is inspected by a licensed home inspector
- Inquire about title insurance
- Make sure the title is clear, or make your offer contingent upon title clearance
- Read all contracts before signing—make sure you understand all of the terms, ask questions
- Place a competitive bid and be prepared to make a counter-offer
- Keep your credit score stable and in-check by waiting to purchase any big-ticket items until long after the closing
- Remember, only one offer will result in a sale, so be prepared to put your best foot forward
Step Five
Closing and Life After The Big Purchase
- Protect your new asset by obtaining insurance such as homeowner’s, flood, disaster, and fire
- Weatherproof your new home
- Maintain files—digital or print—for all warranties, insurance documents, contracts, etc.
- Keep original closing documents in a safe place, preferably outside the home (such as a safety deposit box)
- Set up utilities bills in your name, maintain files
- Implement desired aesthetic changes such as painting, minor construction, and re-flooring
- Set a move date and hire movers or plan a move party with your friends
- Get to know your neighbors and explore your new neighborhood
- If you're happy with my work as your real estate professional, be sure to recommend me to friends and family! I welcome honest reviews and testimonials on my website and on my Facebook Page.