Home Buyers

For many people, buying a home is the next big step. While home buying can be a stressful experience, it’s only true when you’re not adequately prepared for the process. In this post, I’ll walk you through the steps to purchase a home and share some tips that will help you achieve your ultimate goal. Let’s get started.

The Process

Since home buyers have different needs and real estate goals, there is no cookie-cutter way to purchase a home. There are, however, several steps every home buyer must undertake to ensure a successful transaction.

  1. Figure out what you want. Before you shop for a home, you should know what you’re looking for as well as where. Consider your needs, your lifestyle, and your budget in determining the right home for you for at least the next five years or so.
  2. Get pre-approved. Prioritize your mortgage and make sure to get that coveted pre-approval letter. Once you start making offers, your pre-approval will send the right message (“I’m a serious and financially capable buyer”) to sellers.
  3. Look for a home. Now that you’re pre-approved and you know the kind of home you’re looking for, it’s time to shop. Work with a realtor that specializes in the neighborhood you want to get a better picture of market’s current offerings.
  4. Make an offer. Place an offer for the home/s you’re interested in. Don’t forget your pre-approval letter. If you want, you can also make add earnest money on top of your offer as well as personal note to the seller.
  5. Closing. The last step of the home buying process involves many things, from packing your stuff and moving to make sure your mortgage application falls through. At the end, you will meet your seller and all parties involved to finalize the transaction.

These are the five integral steps to buying a home. Talk openly to your real estate agent about your needs and goals to fine-tune the process.

Home Buying Tips to Remember

  • Buy when you’re prepared. Don’t wait for the “right” time, because the best time to buy is when you are physically, emotionally, mentally, and financially prepared.
  • Make sure to get the home inspected. Before you finalize the sale, invite a professional home inspector to the property and have him/her properly scrutinize the home. This way you will know you are truly getting your money’s worth.
  • Don’t hire the first realtor you meet. Interview a couple of agents that meet your requirements and choose the best one according to their experience, work style, and compatibility with you. Remember: your realtor will advocate for your interests.

I can help you fulfill your goal of buying your dream home in the Alabama Gulf Coast. Talk to me today at realtor(dotted)amberlawson(at)gmail(dotted)com if you’re ready to purchase a home.