- The first step in the home buying process is by determining if you can afford to purchase a home and, if so, how much. You can do this by getting pre-approved from a mortgage lender. You’ll also want to make a list of your income vs debts to review with the lender. This will help you determine a comfortable per month mortgage payment. The mortgage lender will also go over current interest rates & the different types of mortgages available to you.
- Second, you will want to interview multiple realtors from different brokerages. Each brokerage has its own strengths and you want to make sure you are comfortable with the person who is going to represent you.
- Third, you will want to make a list of what town(s) you would like to look into and what your drea8m home should look like. How many bedrooms and bathrooms should it have? What can you live without? What is non-negotiable? After creating this list, your realtor will hit the ground running, creating a custom search for you through the MLS. After setting that up, I also start reaching out to other agents within Coldwell Banker and also other brokerages to see if they have anything coming soon or off market. If there is a certain neighborhood that you are interested in, I will start door knocking for you.
- Once you’ve found your home (yay!) I will help you prepare and present an offer and negotiate terms. The seller will then accept/counteroffer/decline the offer. Once terms are agreed upon, the listing agent’s brokerage will hold in escrow your earnest money deposit. I will arrange an inspection and appraisal. Once we’ve received the green light on both and secured financing, we’re off to closing day!
