• What Do I Need To Do To Buy My First Home?

WHAT DO I NEED TO DO TO BUY MY FIRST HOME?

Purchasing a home requires buyers to coordinate the financing side of the process and also the real estate side of the process. We'll help you do both. 

As you probably already know, there are two intertwined pieces to buying a home: finding and securing financing, and finding and securing a home that fits all your needs and wants. So before you start getting caught up in the dream of home ownership, understand that you'll first need to identify an expert in first-time home buyer financing, and also an expert real estate team that specifically focuses on educating and assisting people puchase their very first home. We know—it sounds like a tedious task, but luckily for you, we've broken down this whole process step-by-step in order for you to have the easiest first-time home buying experience possible. So, are you ready to get started? 

  • Step 1: Schedule a quick 30-minute phone call with us

As experienced first time home buying experts, we understand that every first time home buyer has different needs and that there really isn't a one-size fits all approach. So let's get to know each other and let us evaluate your unique situation. We'll explore all your different options and find out what you need to do on your end when it's time to move forward. 

  • Step 2: The initial consultation 

Once it's determined we're a good fit for you, we'll setup another phone call or meeting where we can really dive into what you can experct during the home buying process, what financing options you'll want to consider, what first-time home buyer programs are available, and even estalish a timeline to the eventual goal of home ownership.

  • Step 3: Meet with one of our first time buyer agents

Once we've determined financing options and have a better idea of what first time home buyer programs you may qualify for, the next step involves meeting with a real estate agent to go over the entire home buying process and start exploring certain locations and homes that meet your financing needs. 

  • Step 4: Start looking at homes you like

Now that the hard part is out of the way, it's time to start looking at homes for sale that seemingly fit all your needs, wants, and of course your budget. We'll setup the showings on our end, and also be right there to answer any questions you may have about a certain property too!

  • Step 5: Let's make an offer 

So you've finally found the right place! Now what? Well, let's submit an offer that's fair and makes sense for both parties and negotiate the best price. And in order to to that, we'll consider previous sales, other comparable properties on the market, individual home characteristics, and every last bit of information available to us to ensure you're getting the best deal possible. 

  • Step 6: Time for the home inspections

After an offer is accpeted, we'll then need to schedule a home inspection to ensure the property is in good condition and satisfies all the requirements of whatever financing option you've chosen. As long as everything checks out and there aren't any major issues with the home, we'll be good to move forward!

  • Step 7: Final underwriting, loan processing, and title search

We're almost there, we promise! After we get the green light from the home inspector, it's time to process your home loan and have the mortgage underwriter review all the documents relating to your income, debt, employment status, and anything else that will help determine you meet all the applicable guidelines. During this process, the underwriter might also uncover certain issues that need to be resolved before final approval. In addition, we'll also need to have the title company run a search to make sure there are no liens or judgements against the property.

  • Step 8: Closing and possession 

Now that closing day has arrived, it’s time to sign all the paperwork that officially closes the deal. Along with all the legal documents you'll need to review and sign, you’ll also be responsible for paying closing costs and escrow items, which are essentially all the fess associated with obtaining a mortgage and transferring property ownership.