Step 1: Make your wish list.
What are you looking for in your dream home? What are the specific boundaries of where you want to live, how many bedrooms and baths do you need, how big of a lot, etc. What other “must haves” are on your list?
Step 2: Determine your Budget.
This is where we will talk about your ideal price range in coordination with your lender. We will also discuss financing options such as fixed rate products versus adjustable options, home-to-home or bridge loans, new construction lending, lines of credit, gifting, and more. We will also review lender fees, title insurance charges, and closing costs.
Step 3: Find your dream home.
As we plan to look at homes, we will discuss the Broker listing entries (BLC or MLS), showing procedures, comparative property values, purchase agreements, and more. Upon negotiating an accepted purchase agreement, we will guide you through the loan application, the inspection process, appraisals, obtaining homeowner’s insurance, and much more.
Step 4: Seal the deal.
As your closing date draws near, we will make sure all terms of the purchase agreement have been satisfied, guide you through all details of the settlement process, gather documents needed for closing, and arrange for the transfer of utilities and key.