The Buying Process

Buyer’s Needs

Make a list of what is most important to you. Is it location? Need more room? Downsizing? Schools? Neighborhood? Remember, there is a difference between what you need and what you want, so try to be realistic. Your real estate professional can then show you the homes that meet your needs. Click here to find an agent in your area.

Financing

Get your financing in order. If you are unsure of your credit, Contact a credit bureau and get a credit report on yourself. If your report was not what you expected, now is the time to clear up any problems or mistakes. For contact information for the credit bureaus and help with cleaning up your credit, check out our Credit Articles / Report Section. Shop for the best mortgage rates AND terms. You might find a lender who’s interest rate is lower than most, but they hit you with extremely high closing costs. Make sure you receive a good faith estimate from your lender. This should give you a pretty good idea as to the cost of your loan. Once you decide on a lender it is important to get pre-approved for a mortgage. Getting pre-approved gives you more buying power for when you find that perfect home.

Home Searching

This is the best part of the entire process. 90% of all home sales are sold through the MLS (Multiple Listing Service). This is where all agents have their homes listed, as well as other home listing services. Your real estate agent will then set up your own personal MLS search, so you may view the available properties matching your search criteria. You will receive daily email notifications when these properties become available so you don’t miss out on that perfect home.