Meet with a Real Estate Professional
Discuss the type of home you're looking for, including style, price and location.
The Buyer's Advantage - As the home buyer, your agent's commission is paid by the seller of the home in almost all circumstances.
You will need pay stubs, W2s, and bank statements. Knowing what you can afford is critical to a successful home shopping experience.
Search for Homes
The fun part! Your agent will schedule showings and help you find the perfect home.
Not all real estate websites are the same. Your real estate professional has tools, systems and networks to ensure you see every available home that meets your criteria.
Make an Offer
Your agent will prepare the offer based on the price and terms you choose.
Negotiation and Contract
It may take a few tries to get it just right, but hang in there. You're on your way!
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.
Perform due diligence, order the appraisal, conduct an inspection, and review lender terms. You will be finalizing your loan, reviewing documents, and discussing the findings from the inspection.
Final Details + Preparing for Closing
Now that you a have removed your contingencies, you are ready to move forward to closing. The home is effectively held for you until closing.
This is the transfer of funds and ownership. A title company or an attorney typically acts as an independent third party to facilitate the closing.
Congratulations! You are a new homeowner!