What better New Years resoultion than to purchase a home for your family to enjoy?


Take a look at Ten Steps to guide you to purchase your family's dream home!

 

#1 DECIDE WHAT YOU WANT

Determine what, where, and when of your purchase. What kind of house are you looking for? Where would you like to live? When would you like to buy?

#2 GET YOUR FINANCIALS IN ORDER

Once you have an idea of what you are looking for it's time to get realistic and determine what you can afford. How much do you have for a down payment? What can you afford for a monthly mortgage payment? Do you have money for closing costs and taxes? Is your financial house in order?

#3 GET YOUR PRE-APPROVAL BEFORE STARTING TO HOUSE HUNT

Meet with a loan officer to go over your different options on obtaining a loan to purchase your deam home. By recieving your per-approval letter you are one step closer to purchasing!

#4 FIND A REALTOR

Buying and selling real estate is a complex matter.  Homes differ and so do contract terms, financing options, inspection requirements and closing costs. In this maze of forms, financing, inspections, marketing, pricing and negotiating, it makes sense to work with professionals who know the community and much more.

#5 FIND YOUR NEW HOME

Now that you have found a Realtor you can start viewing properties to find your dream home!

#6 UNDERSTAND YOUR MORTGAGE OPTIONS

Financing is so important, buyers should have as much information as possible regarding mortgage options and costs.

#7 MAKE AN OFFER

Once you found a home make a offer. You have three choices accept the listed price and create a contract, reject it and not make an offer, or suggest different terms and make a counter-offer.

#8 GET INSURANCE TO PROTECT YOURSELF

Title insurance is purchased with a one-time fee at closing, title insurance protects owners in the event that title to the property is found to be invalid. You don't purchase a car without getting insurance so why would you do anything different with a house.

#9 OFFER ACCEPTED AND NOW FOR INSPECTION

You always inspect a car before you buy it so its smart to do the same when buying a home. Call a inspector to look at your future home!

#10 CLOSE ON YOUR NEW HOME!

Don't forget to cross all the T's and dot all the i's when signing your closing documents at the title company!