Your Home-buying Process
Are you a first-time home buyer new to the process and not sure where to begin?
The first and most important step is to choose an agent to represent you, you want someone by your side every step of the way. They will help you get pre-approved, keep you informed of new properties on the market and keep you updated on the progress of your transaction every step of the way.
Let me take you step by step…
Obtain mortgage pre-approval → Discuss home wants and needs with agent → View properties in person→ Write an offer to purchase → Negotiate terms → Accept the contract
Contingencies come in place when an offer on a home has been made and the seller has accepted it, but the finalized sale is contingent upon certain criteria that must be met on the buyer’s side. These contingencies normally fall under three major categories: home inspection, appraisal and mortgage approval.
After Contingencies, the bank obtains funds for closing, you close on your new home and MOVE IN!