MEET WITH A REAL ESTATE PROFESSIONAL

STEP 1

Discuss the type of home you're looking for, including style, price, and location.

As the home buyer, your agent's commission is paid by the seller of the home in almost all circumstances. This means your representation costs you nothing.

GET PRE-APPROVED

You will need pay stubs, W2's, and bank statements. Knowing what you can afford is critical to a successful home shopping experience.

SEARCH FOR HOMES

STEP 3

The fun part! Your agent will schedule showings and help you find the perfect home for you.

Not all real estate websites are the same. Your real estate professional has tools and systems to ensure you see every available home that meets your criteria.

STEP 4

MAKE AN OFFER

Your agent will prepare the offer based on the price and terms you choose.

NEGOTIATIONS & CONTRACT

STEP 5

It may take a few tries to get it just right, but hang in there. You're. on your way.

In most cases the contract provides you with a timeline to obtain financing, as well as time to inspect the physical condition of the home. Your real estate professional will inform you of all of your rights and responsibilities related to the contract.

IN ESCROW

STEP 6

You and the seller have agreed to the price and terms. The home is effectively held for you until closing.

STEP 7

FINAL DETAILS

Perform due diligence, order the appraisal, conduct an inspection, and review terms with the lender.

You will be finalizing your loan, reviewing documents and discussing the findings from the inspection. Your agent will be managing this entire process for you.

CLOSING

STEP 8

This is the transfer of funds and ownership.

A title company or an attorney typically acts as an independent third party to facilitate the closing.