06/23/2022
8 steps to buying a home!
1. Meet with an Amazing Real Estate
Professional
Discuss the type of home you're looking for,
including style,
price,
location, etc.
The Buyers Advantage: As the home buyer, your agent's
commission is paid by the seller of the home in almost all
circumstances. This means your representation costs you
nothing!
2. Get Pre-Approved
You will need pay stubs, W2s,
and bank statements. Knowing
what you can afford is critical to
a successful home shopping
experience.
3. Search for Homes
The fun part! Your agent will
schedule showings and help
you find the perfect home.
Advanced Search: Not all real estate
websites are the same. Your real
estate professional has tools and
systems to ensure you see every
available home that meets your
criteria
4. Make an Offer
Your agent will
prepare the offer
based on the price
and terms you
choose
5. Negotiation and Contract
It may take a few tries to get it just right,
but hang in there. You're on your way!
The Contract: In most cases the contract provides
you with a timeline to obtain financing, as well as
time to inspect the physical condition of the
home. Your real estate professional will inform you
of all your rights and responsibilities related to the
contract!
6. In Escrow
You and the Seller have
agreed to the price and
terms. The home is effectively
held for you until closing
7. Final Details
Perform due diligence, order
the appraisal, conduct an
inspection, and review terms
with the lender.
Preparing for Closing: You will be
finalizing your loan, reviewing
documents, and discussing the
findings from the inspection. Your
agent will be managing this entire
process for you.
8. Closing
The transfer of funds and ownership.
A title company or an attorney
typically acts as an independent third
party to facilitate the closing.
(951)642-0059
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