Guide to the Home Buying Process

The home buying process doesn’t have to be complicated and stressful. Keep the excitement of buying your new home alive by getting to know the basics involved. Let’s take a closer look before you begin your next property search.

You may fall in love with the incredible light fixture hanging above the dining table, but does that come with the house? The best way to be sure about what you’re getting with the purchase is to ask your real estate agent as you come upon things that strike your interest. Many homes are staged to create an appealing atmosphere. In these cases, there may be items that do not come with the sale.

Typical items that do come with the sale of the home include appliances, hardware, fixtures, and window treatments. In the kitchen, most homes come with the stove, refrigerator, dishwasher, and microwave oven (if built in). Drapes and shades that cover windows and hardware in bathrooms are usually included with the house. To keep everything clear, ask ahead of time and make sure the items are included in any contracts.

With so many resources online these days, it may be tempting to try and purchase a home without the help of a real estate agent. The problem is that you may not have the knowledge or experience needed to get the best deal and handle all the legal paperwork. On top of that, a real estate agent can help you narrow down the search options and save you an incredible amount of time. Of course, when it comes time for negotiations over your offer, you’ll want a professional with experience on your side.

Fortunately, you’ve come to the right place! We would love to help you find the home of your dreams. Start off by signing up for a free account that allows you to save your property searches. You can create specific searches using the criteria you find my important. When new listings hit the market, you’ll receive an alert in your email inbox that gives you an edge on the competition. Give us a call, and we’ll begin setting up things on this end to get you into a new home as quickly as possible.

Many people appreciate the history and charm that comes with a previously owned home. Others may prefer a home that is newly constructed and has their own vision imprinted in the design. Speak with us about finding a reputable builder in the area you wish to live.

Why not just visit a builder? Keep in mind that a builder is invested in representing their own best interest when it comes to building your house. We are here to help make sure that your interests are the priority. We can help negotiate the terms of the sale, the important construction dates, and the included upgrades.

Buying a new home while you still have one to sell can seem tricky, but with a little planning you can come out on top in this situation. If you have the financial means, buying a new house while you wait to sell your first house may not be a problem, but most people are not in this situation. You’ll want to understand contract contingencies and how those can help you.

An example of a contract contingency would be purchasing a home based on selling yours. Other details may include the date you would take possession of the new home and release your original property to new owners. All these things can be listed in the contract that is managed by your real estate agent.

Many times, a seller will pay all or some of the closing costs on a home to sweeten the deal, but you should be prepared to pay them, if needed. Closing costs are fees associated with the home buying process. They may include fees for title searches, administration services, and inspections. You’ll get an initial estimate and a final cost, which may be different depending on what is needed during the purchase.

Buying a house without a mortgage loan is something most people would love to do. If you find yourself in the position to consider this option, make sure you do a complete evaluation of your finances before moving forward. Consider your current income, your assets, and any existing and future obligations.

Remember that you should be able to pay for the property and any expenses that come along with that home. Make sure you have money that may be needed for closing costs, repairs, monthly expenses, annual taxes, and general upkeep.

Buying a foreclosure property can be a bit different than buying a home the conventional way. You’ll want a mortgage loan pre-approval before moving forward. Remember that negotiations are limited when it comes to the amount of the purchase and other factors involved in the sale. Any repairs that need to be made on the home will typically be your responsibility. With that being said, purchasing a foreclosure home can be a great deal if you’re interested in living in that area.

A seller may choose to sell their home without the use of a real estate agent, but you should have one representing your side in this deal. A real estate agent can determine if the asking price is fair in the current market and help with negotiations. Because the seller has no agent, there may be different methods for managing the transfer of funds. Requesting a C.L.U.E. form is a good idea and can help you locate any insurance claims made within the last five years. Don’t forget the importance of inspections, as well.