- The first step in buying a house is research and preparation well before getting involved in the process. Foe example, if you’re wondering if new construction is a good idea or not, do some research about building new homes, cost of materials, how long will it take, research different builders.
- It’s important to know your credit score and history. Get a clear picture of yours before you begin the process. Yes, a mortgage lender will review, go over your score and history with you but its always a good idea to have an understanding of your situation.
- Find a local lender because they will have a better understanding of the market that your buying in and you can meet with them in person and that's a big deal.
- Hiring the right Real Estate agent will play a huge role in the success of the process. Buyers don't pay commissions so that means it's free to work with a Realtor when buying your home.
- Questions you should ask a Real estate agent
- Do you sell Real Estate full-time or part time
- Do you have any testimonials
- What methods of communication do you prefer
- How often do you communicate
- Start looking for your home
- Once you have found your home, put in your offer
- Once your offer is accepted, you put up earnest money
- Inspections on the home and that is a cost to you.
- The bank will complete an appraisal
- Final walk through of the home
- Closing day and you start your new journey in your new home.
Article by Tenisha Edwards
Photography by Tenisha Edwards
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