The market is very much slanted in favor of sellers right now, so having an agent who is experienced in representing buyers in a competitive seller's market is crucial. One of the questions you should ask is whether or not the Realtors you are interviewing have experience representing buyers in multiple offer situations, as your are liable to come across this once you find your home. Ask the Realtors what strategies they have to help your offers stand out from the crowd.
Once you've chosen a Realtor, he or she should sit with you, explain how he or she will work with you, and provide you with a written guideline explaining the process of homebuying to you. Additionally, he or she can help you find a reputable mortage banker (if you'll be financing the home), and a knowledgeable real estate attorney to help you through the closing process.
Should you start interviewing agents, I hope you will consider us as well.
Jennifer Maxian and Michael Culeton
The Maxian Culeton Team at HUNT Real Estate ERA
Jennifer - (716) 946-6112 - firstname.lastname@example.org
Michael - (315) 402-0208 - email@example.com
Leah Krajewski with Hunt Real Estate
1. Making the decision to do so.
2. Developing a team (i.e. Real Estate Agent, Mortgage Advisor/Loan Officer, Attorney)
3. Get Pre-Approved through your Mortgage Advisor/Loan Officer
4. Determine your Budget & All the Financials
5. Relay your needs and wants to your Real Estate Agent
6. Begin House Hunting
7. Find the Home that you fall in love with
8. Make an Offer & Negotiate the Offer
9. Home Inspections
10. Contract Signings
These are the beginning steps of buying a home. If you would like a complete list, please email me at DeVonte.Williamson@cbmoves.com and I would be happy to provide you with a complimentary guide from the beginning to the exchanging of keys.
I hope this answered your question! If you have any further questions, please feel free to contact me by the ways below.
Wishing you all the best,
De Vonte Williamson
Licensed Real Estate Salesperson
Proudly Serving Long Island
Coldwell Banker Residential
"I Stand Behind Getting You Results!
Second, make sure that you have all supporting financial documentation to back up your per-approval from the broker; this will save you so many headaches in underwriting.
Third, start looking for a real estate agent you feel comfortable working with. Then meet with that agent to go over your needs as a home buyer. Sit down with them, go over the locations you would like to move to, the price range, bedrooms, garages, acres, taxes. They can help you narrow your search.
Then, make sure you have a lawyer. They will make sure your paperwork is in order once you put an offer in on a home. I do hope this helps.
Century 21 Gold Standard
The difference between a pre-approval and a pre-qualification is that on a pre-approval (for which you should not have to pay anything), they look at 3 months of bank statements, 3 months of pay stubs, 3 years of income tax returns and they verify everything.
The pre-approval will then give you an idea of what price range you should be looking at in a home. Do NOT buy to the limit of your approval; you may still want to fix up the house, go out Saturday nights and take vacations....don't become house poor.
A full pre-approval should be contingent upon an appraisal and a contract...it equates with being a cash buyer!
You can find me at 631-425-6150 and I will be more than happy to guide you from start to finish...no obligation. I teach real estate to Realtors and train Realtors nationwide...happy to lend an educational hand.