Real Estate January 16, 2014

17 Steps to Purchasing a Home

 

Here 17 Steps to purchasing a home. 

This list will prove guidance to understanding the steps to obtaining a home.

As any investment person would say, create a realistic budget and stick with it. This will give you a good perspective of what you can afford a month for a mortgage payment.

The realtor you have selected should be utilizing a process as shown below, will make finding your home a smooth process.

In each of the steps below there are details to understanding each of these steps

The 17 steps to home ownership

  1. Save money for down payment
  2. Select a Realtor
  3. Understanding financing methods
  4. Finding a lender
  5. Get Pre-Approved
  6. Determine your home search criteria
  7. Research and view homes
  8. Select a home
  9. Make an offer/negotiate, leave emotions out of it
  10. Sign a purchase and sale agreement
  11. Get inspections, Home inspection and any other inspections
  12. Apply for mortgage application
  13. Realtor/Broker will confirm a clean title
  14. Get home insurance
  15. Final walkthrough
  16. Closing, signing documents
  17. Documents recorded, keys are turned over to you

 

As with any part of the real estate process, if at any time you have any questions or concerns ask your realtor.  That is what they are there for, to provide you guidance that you can trust and believe in.

 

Do you have questions in the Seattle area, contact Tom Fine, tomfine@windermere.com or 206-434-6561

 

Tom's next blogs break down the 17 steps of purchasing a home.

 

Happy Home Hunting!