Are You a First Time Home Buyer?

Considering purchasing your first home, but unsure of what steps to take next?
Here are 9 simple steps to get you on the right track!

Step 1: Research Market Trends
Look up listings in your area of interest, check their average cost, and how long they last.

Step 2: Confirm Your Budget
Determine how much you can afford, how much you have for a down payment, and how much you need for closing costs, etc.

Step 3: Get in Touch with a Real Estate Agent
Realtors can help you find the information you need, on homes and neighborhoods, that isn’t easily accessible to the public. Their experience, negotiating skills, and familiarity with the area you’re searching in - can save you a lot of time, money, and frustration. Reach out to one of our experienced REALTORS® today, by clicking here!

Step 4: Get Pre-qualified and Pre-approved for Credit for Your Mortgage
Setup a meeting with a licensed Mortgage Broker, and find out how much you can actually spend on a home. By getting pre-qualified, you will save time when looking at the various price ranges of homes. When you've found what you're looking for, then you can get pre-approved for credit! Reach out to our licensed Mortgage Boker today, by clicking here!

Step 5: Visit Open Houses and Make an Offer
Create a checklist of all the homes you visit, pros vs. cons, and review each of them carefully. When you feel confident that you’ve found the one, start negotiating with the seller through your agent.

Step 6: Home Inspection
Before your offer is accepted, make sure a home inspection is conducted to ensure there are no unexpected costs or issues with the home before you fully commit.

Step 7: Select Your Loan Through a Licensed Mortgage Broker
A broker can help you make the best decision for you, through a wide range of competitively priced loan programs, and their expertise.

Step 8: Home Appraisal
By having the home appraised, all parties involved will know that you are paying a fair price for the home.

Step 9: Prepare Paperwork and Close the Sale
After the lender has confirmed the seller is the rightful owner of the home you are buying, you’ll sign all of the paperwork required to complete the purchase, and close the sale!

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