Looking to buy a new home? Here is a step-by-step guide of what to do and what to expect.
Q. How do I know how much I can afford?
How much you can afford depends on your income, credit rating, current monthly expenses, down payment and the interest rate. Our mortgage calculator will give you an idea.
Q. How do I find the best loan?
You can save money by doing your homework. Talk to several lenders, compare costs and interest rates and negotiate to get a better deal. It’s a good idea to get pre-approved for a loan before you start looking for a home.
Q. What’s a HOA?
A Home Owners Association. If you choose a home in a neighborhood with an HOA, your sales associate will make sure you get a copy of the HOA packet, so you can review it before closing.
Q. What happens after my offer is accepted?
Your sales associate will organize a home inspection. An inspection will tell you about the condition of the home and can help you avoid buying a home that needs major repairs.
Q. What else will my sales associate do for me?
Your sales associate will handle all of the details involved in home buying, guide you through the process and make the experience much easier. Your sales associate will be well-acquainted with the neighborhoods you are considering, will help you figure out the price range you can afford and will search the Multiple Listing Service (MLS) for homes you’ll want to see. With immediate access to homes as soon as they are listed, your sales associate will save you hours of valuable time. When it is time to make an offer, your sales associate will know how to save you money, guide you through the paperwork and answer any last-minute questions.