Buyer Information

 

The home buying process can seem complicated, but if you take things one step at a time, you will soon be a new home owner.

 

Steps to Buying a Home:

 

• Figure out how much you can afford

What you can afford depends on your income, credit rating, current monthly expenses, down payment and the interest rate.  Click here to visit a helpful site.

 

• Shop for a Loan

  Talk with several lenders; compare interest rates and different loan programs available. Consider getting pre-approved for a certain loan amount.

 

• Shop for a Home

Make a wish list - what features do you want? What area would you like to live? Most important - Choose a real estate agent.

 

• Make an Offer

This is the exciting part. You have found a home and now it is time to make an offer. Discuss the process with your real estate agent. If the seller counters your offer, you may need to negotiate until you both agree to the terms of the sale.

 

• Get a Home Inspection

Make your offer contingent on a home inspection. This inspection will tell the condition of the home, and can help you avoid buying a home that needs major repairs.

 

• Shop for Homeowners Insurance

Lenders require that you have homeowners insurance. Be sure to shop around for the best rate and coverage.

 

• Choose a Real Estate Attorney

You are finally ready to go to "closing". Be sure to read everything or make sure you understand what you are signing.