4 basic first steps to buying a home
Step1:
Determining Needs
The first step to the home buying process is determining your "needs and wants". Start by determining you:
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Preferred Location
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Price
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Style/Condition
Step 2:
Down Payment &
Financing
Now that we know what we want, let's determine how to get there.
Down Payment: A typical down payment on a home is 20% of the purchase price. If that sounds like a lot, don't worry, a down payment can be as low as 10%. It all depends on the property, price and your financing approval.
Pre-Approval: Before you begin your home buying search, you will need to know how much you can spend. Obtaining a pre-approval is a quick and easy process and will help you understand your home search price range.
Step 3:
The Search!
Now, the fun part!
Time to start shopping for your dream home. We can help set up a search based on your initial "needs and wants" as well as your criteria determined in Step 1.
Together we can help narrow down your options, schedule showings, revise your "needs and wants" list as needed, and repeat until we find THE ONE!
Step 4:
Let's Make an Offer!
Now that we have found THE ONE! Let's make an offer. Together we will work to determine the best offer price (based on the current market) and submit!