The process of buying a new home can seem very scary when you are first entering into it.
In order to help guide you, here are 10 steps to buying a home that we find very useful!
Step 1: Start Researching Your Potential Homes.
This means begin looking at websites, newpapers, and other aids
to take note of what kinds of houses that you would like.
Step 2: Determine Your Budget
One of the biggest mistakes that people make is assuming they can afford
a more expensive house than they truly can. Click here to use a good Affordability Calculator.
Step 3: Get Prequalfied and Get a Preapproval Letter
Most sellers will want to see proof that you can get the loan for the amount that you are needing.
Getting prequalified and preapproved is very important to do and will make the rest easier.
Step 4: Find Your Real Estate Agent
This is where we come in. You want to choose an agent that you feel comfortable with and that you trust.
Here at Springfield Realty Group, we hope that you can trust one of us to help you obtain your dream home.
Step 5: Find Your Home and Make an Offer
This is the fun, yet hectic part. Tour multiple homes to see what you want.
When you decide on one, we will make an offer!
Step 6: Get a Home Inspection
Inspections are a very important part of the process and help us to make sure that
everything is going as planned. We will help you arrange this and make the process easy.
Step 7: Select Your Loan
This is where the prequalification helps as well. If you are prequalified, this part will be easy.
If you are not, we will help you make it easy. You will need to officially select your lender and the loan will be official!
Step 8: Have the Home Appraised
Appraisals are professional estimates as to what the home is worth.
We want to make sure that you are getting what you are paying for.
Step 9: Complete the Paperwork
Both your agent and your lender will help you get all of the paperwork done that needs to be done.
Step 10: Close on the House
This is where you will sign all of the closing documents and the home will officially become yours!
We will help set up the closing and make it a day of celebration!
Our team is here to assist you in every step of the way.
Do not let the buying process be scary, and let us help to make it fun and stress free for you!