Purchasing a home is one of the important decisions in his/her life because it involves a long-term commitment period financially. Purchasing your own home is a great investment that can deliver financial benefits such as equity build up, savings plan, and value appreciation. Dr. Brian will help you more accurately right homes that fit your criteria. The right home will meet all your important needs as possible.
The main Steps are finding the right buy and taking the time to evaluate your finances as follows;
- Pre-qualified financial.
- Price range, subdivision and neighborhood.
- School districts, shopping centers, and hospitals.
- House size with numbers of bedrooms and bathrooms.
- Lot and garages sizes.
Step 1. Pre-Qualified Financing
To make the financing process as painless as possible, ask your agent to introduce you to the preferred financing consultant. This professional will work with you and your agent to make sure the financial aspect of your home purchase is stress free.
- Buyer agreement
- Review your current financials.
- Discuss the options available to you during the home purchasing process.
- Guide you to an appropriate price point.
- Negotiate on your behalf to get you the best deal – price, interest rates, and loan approval.
- Keep you informed and updated of the entire financial process throughout your purchase.
Step 2. Search homes and make note about the home
The right home will meet all your important needs, and as many of your additional wants as possible.
- Community information and Utilities.
- Location or sizes.
- Home value appreciation in the future.
- Buyer’s home inspection.
- Updating or decorating parts and amenities.
- Traffic patterns in the neighborhood.
Step 3. Making an Offer
When you have found a home you want to buy IT, the following step is deciding on the best buying price. Listen and look to your agent to explain and guide you through the offer process.
- List price, Market Analysis, and Improvements
- Offer to purchase and provide guidance by buyer’s agent.
- The amount of deposit to offer.
- Home inspection contingencies.
- Financing contingencies.
- A clear definition as appliances.
Step 4. Due Diligence
Your agent will provide you what work has and has not been done to your buying home process. This is very important information to have in the buying process. In addition, your main concern is the possibility of structural damage, which can come from water, shifting ground or poor construction etc. It is not very often a problem appears but the buyer should be aware.
Step 5. Closing
This is a final step to buy a home. Home buyer has a several responsibilities that you’ll need to keep in mind:
- Work on the final details of purchasing your home.
- Home Inspection.
- Apply for a loan and financial advice.
- Stay in control of your credit and finances.
- Keep in touch with your agent/financial consultant
- Final walkthrough.