When you go to buy a home, you will need to take specific steps. Each step will take you closer to home ownership. If you are a first-time buyer, or if it has been a long time since you have bought a home, then the process can be confusing. This is where this guide to those home buying steps can help. It will walk you through them so you have a reference to turn to for help along the way.
One: Start by seeking financing - After you make the decision to buy, see a lender for pre-approval. This doesn't mean that you are 100% approved, but it does let your real estate agent and sellers know that there is a good chance of you being approved for a certain amount, so a buyer will feel more secure taking an offer from you.
Two: Choose a real estate agent to work with - Before you go out and find a home, you may want to secure yourself a real estate agent. You should have your own agent that you have chosen to work with before you go out looking at homes. If you start talking to the seller's agent and then start working with another agent after the fact, then things can get sticky. It's always best to go through your agent from the start when inquiring about a house you may be interested in.
Three: Look at several homes - When your agent takes you in that first home, you may feel as if you have found the right place. However, unless you know 100% that there could be no better place for you and your family, it is a good idea to look at more houses. This way, you know that you weren't just swept up in all of the excitement, which can make a person be too quick to make an offer.
Four: Put in an offer - When you know you have found that right home, you'll need to put in an offer. This is more than simply telling your agent the price you wish to offer on the house. It also includes making sure any other demands are included with that offer. For example, if you want a 30-day escrow, you think a carpet allowance should be included, you want them to cover closing costs, or you want anything else covered, then this should also be stated when your real estate agent is going over your offer with the selling agent.
Contact a real estate company like Desert Sky Real Estate, LLC for more information.