HOME BUYING TIPS

What to expect when you're purchasing a home

1. Get pre-qualified

Get pre-qualified however preferably, get pre-approved with a reputable mortgage lender. Don’t know one? Please consult my list of trusted partners. Pre-approval is buying power!

2. Wants/Needs List

Complete a wants/needs list to keep you focused during your search.

3. Allow "wants" to Be Great Buying Features

Looking at houses is an exciting time. Remember that paint can be changed and fences can be built. Look for items listed on your “needs” list and allow the “wants” to be great buying features.

4. Write an offer with your Realtor

Have your mortgage lender write a pre-approval or pre-qualification specific to the home or property in which you are making an offer. Be prepared to write a due diligence and earnest check at this time.

5. Offer Accepted

Once your offer is accepted, these are the due diligence tasks I recommend:

get a homeowners insurance quote
get the home inspected
other appropriate inspections i.e. septic, radon, etc.
negotiate repairs
appraisal
order a survey
loan commitment
schedule the closing

6. Utilities

When due diligence has expired, schedule your utilities to be turned on the day of closing, change your address and other necessary items to help make your move as seamless as possible and don't forget to contact your homeower's insurance carrier to start coverage on they day of closing.

7. Closing

The HUD will have a lot of figures that are involved in the purchase of the home. The title company will be able to walk you through all of the numbers prior to closing. Bring your state issued photo ID and be prepared for a 1-2 hour closing at your selected title company's office. After the closing, the title company will need to record your deed. Once recorded, the keys to the home will be released and you are free to move in... and don't worry, I will be there with you every step of the way, so enjoy the process.

8. After Closing

Congrtulations, you did it! Enjoy your new home. Don't forget to take any required forms from closing and turn them in to your local township office such as homestead tax forms, etc. and don't forget to update your mailing address with the post office.