When you’re ready to purchase a home, there are specific steps you’ll want to take to ensure a smooth process.
Step One. Select a Licensed REALTOR. An experienced REALTOR with a proven track record will help you find the homes that best suit your needs and budget. REALTORS have access to the Multiple Listing Services, or MLS, which has the most up-to-date and complete repository of homes on the market. They will set up and accompany you to showings, guide you through the process of making an offer, preparing contracts, completing inspections, and closing on the home.
Step Two. Get pre-approved. It is advised that you obtain a pre-approval BEFORE beginning your home search so that you know your purchasing power ahead of time. Most sellers will not accept an offer from a potential buyer without a pre-approval.
Step Three. Remain Financially Stable. It’s important during your home search not to make any major purchases, to pay all of your bills on time, and to remain as financially stable as possible. Your lender’s underwriter will be monitoring your financial activity during this time, and any major changes could raise a red flag.
Once you find a house, your REALTOR will guide you through all of the steps, from making an offer to closing.
It’s important to have a trustworthy REALTOR on your team when you’re ready to purchase a home. If you’re ready to take that first step, I’d love to chat.