My Step-by-Step Process For Buying A Home...

Whether you're a first-time buyer, a move-up buyer, downsizing or relocating from out of state, the process of buying a home can be overwhelming. My goal is to take the fear out of the home-buying process and the best way to do that is by sharing my knowledge and offering exceptional customer service.

Here is my step-by-step process for buying a home;

Step 1: Get Prequalified By A Lender

Before you start looking at properties, you'll need to know how much you can actually afford. Many buyer's visit open houses or have a Realtor show them properties before even talking with a lender which could potentially lead to a missed opportunity. Being financially prepared puts you in a better position to successfully negotiate a winning contract. I was a residential loan officer for fourteen years prior to becoming a Realtor in 2009. My extensive knowledge of the lending industry has proven to be a valuable asset for my clients. If you don't have a lender or you need a recommendation, I can put you in touch with lenders that meet your specific needs.

Be sure you talk with the lender to understand all the costs involved with the transaction so there are no surprises. Closing costs can include (but are not limited to) property inspection fees, appraisal fees, down payment, title fees, attorney fees, and lender fees. Often times a seller closing cost credit can be negotiated in the contract to help minimize your out of pocket expense. Again, this is something I'm well-versed in and I'm able to guide you through the whole process.

Step 2: Prepare For The Property Search

Prepare your wish list of everything you want and need in your new home; i.e, How many bedrooms and bathrooms, how big do you want the kitchen to be? Do you want a finished basement? Do you need a big yard for your kids and/or pets to play in? Jot down everything that's important to you.

Once you've made a list of your must-have's, think about the kind of neighborhood you want, schools in the area, the length of your commute to and from work, and the convenience of local shopping. Consider taking a drive through neighborhoods in areas you're interested in. Knowing where you want to be and where you don't helps you narrow down your search.

Step 3: Scheduling And Touring properties

When you're first starting out there may be a large list of potential properties for you to consider. I always suggest taking a little extra time to read through all the features of the property listings and view the property photos for obvious reasons you may want to remove a property from your list. This will help you be more efficient with your time. If possible, try and limit touring no more than four properties at a time. Features of the properties tend to run together if you see too many during an outing.

Step 4: Writing An Offer

Once you find that perfect property it's time to prepare an offer. The terms of the offer will be unique to your personal needs. Deciding on the appropriate offer price is important so understanding current market conditions and values are necessary components. I spend a lot of time keeping up with market trends and monitoring values so I can confidently guide you through the process.

Please contact me for more information regarding the buying process. I'm here to help!
Darin Rich
Darin Rich