Buying a Home
Answers For First Time Home Buyers
Simplifying the Buying Process
Are you a first time home buyer?
Purchasing a home is a big deal – but it doesn’t have to be a bad deal for you. From lining up the best financing to finding and closing on your new home, I will help you all along the way. As an educator, I believe in helping you understand the process so that you can make the best decisions for your situation. I go “above and beyond” in caring for my buying clients. (You can see more about that on my buyer services page.)
Are there special financing programs available for first time home buyers?
Yes, there are! If you are purchasing a home for the first time, or if you have not purchased a home for several years, you may qualify for down payment assistance or special terms. Contact me for help finding a local lender who can help find the best mortgage product for your situation.
Buying a Home 101
For more about the home buying process, enjoy the video or keep reading:
Buying a home can seem a little intimidating. There are a lot of people involved, and a lot of papers and processes to go through. But, it's a pretty straightforward process once you understand it.
Usually, the first person you contact is a real estate agent. You want to make sure to work with someone who is a licensed Realtor©. A person can't use the term Realtor© unless they've had special training and are held to higher standards and requirements. They will be able to research properties for you and arrange for appointments and showings, answer your questions and help negotiate the best prices and contract terms.
When you do find a home you want to buy, next you want to contact your lender. Lenders can be banks, mortgage brokers, or credit unions. Lenders will ask for your employment, assets, and income. And once you get your application together, they'll work on getting your application approved and getting you a pre-approval letter. Then you can go house hunting!
Once you and your Realtor© find your perfect home, then it's time to have it inspected. The inspector checks the interior and exterior of the home and gives you a written report on the condition. You can then decide if you want to ask the seller to make any repairs, and/or reduce the listing price.
All the while this is happening, the escrow and title company are working. They are doing research on the title to the home, and to make sure that it can be legally transferred to you. They make sure that everything happens according to the contract, including all of the documents needed to close the sale, and are getting you the title once the sale has closed.
See? Buying a home doesn't have to be complicated once you understand it. Sign up for your free account and start the process to find your perfect home today!