I wanted to send over some quick thoughts on the home buying process. There can be a lot to consider, and I've found the best way of making progress is to take things step by step.
First, when do you want/need to be in your new home?
In six weeks? In six months? Next year? Knowing when you need to move will help you prioritize some of your other demanding life responsibilities.
Second, what's your budget?
If you'll be getting a loan, now is the time to get pre-approved. In this fast-paced market buyers need to be ready to act when they see a home they love. If you have questions on finding the right mortgage lender I'd be happy to offer suggestions.
Third, go see properties.
My team and I are available to schedule and coordinate showings, and we encourage you to attend open houses on your own time. We look forward to setting up as many showings as possible for our clients. When it's time to make an offer, I will be right here to guide and assist through the entire process.
Fourth, make an offer.
If the home feels right don't wait! In this highly competitive market you may lose out on a home before having an offer accepted. I'm always here to discuss strategy, market data, and ways to negotiate so that you feel confident when submitting your offer.
Fifth, your offer is accepted! ...Now what?
Depending on the offer you submitted there may be contingencies such as a home inspection or mortgage appraisal, understanding the process timeline can help make things less overwhelming. At this step you will want to choose a closing attorney who will advise towards executing a Purchase & Sale contract, perform a title search on the property, and prepare closing documentation. I'd be happy to recommend an attorney if you have any questions.
Sixth, preparing for closing.
We've gone through the home inspection, appraisal, and have addressed all areas of concern from your initial offer. The seller has received a smoke alarm certification from the local fire department, closing documents have been prepared, and your lender has sent a letter for your final commitment stating you are clear to close. We are all systems go for closing...
Seventh, Welcome to your new Home!
We'll do a final walkthrough, and once all closing documents are signed with attorneys and funds are securely delivered, the new ownership will be posted to the local registry of deeds. With anticipation we await the final celebratory words, "We're on record!" Congrats and enjoy your new home!
If you have any questions or have would like to schedule a time to tour properties, please don't hesitate to call or text!