home buyer

Steps for Buyers

1. When you are ready to buy your home, the first step is to be prepared financiallyA mortgage professional will pre-qualify for you for a mortgage and explain different options available. You need money readily available to cover the down payment and closing costs.

2. Chose a REALTOR® with an ABR® designation which indicates specialized training to work with buyers. Many kinds of relationships are possible with your real estate professional. Know your options. You will be spending a lot of time with your agent,  so make sure you are comfortable with them. 

3.  Assemble your team. Initially, team members will include family member(s) or friends for support and advice, a mortgage specialist and real estate agent. In addition, a lawyer, home inspector and other professionals will be added to your team as circumstances dictate. 

4. Communicate your needs and wants for your new home.  Your agent will help guide you to ensure your needs and wants are fulfilled.

5.  Be realistic in your expectations because, unfortunately, no house is perfect. 

6. Keep an open mind since your agent may have advice on alternative approaches to meeting your goals. Make use of their experience.

7.  Provide feedback to your REALTOR® when you visit properties. As you view properties, let your REALTOR® know what you like and don’t like about each property.

8. Protect yourself. Purchase only what you can comfortably afford. Your agent will advise you so the offer will protect you.

9. Negotiate reasonably. Overly aggressive negotiations often result in no deal!

10. Finally, follow through on commitments made in your contracts. Your REALTOR® and other team members will help you.

Your offer has been accepted. Congratulations!

Your agent and the other team members will guide you in all the details needed to be prepared for moving day.

The Home Buyers Guide has detailed information from financing to moving.