Thank you for giving me the opportunity to help you find your dream home in North Carolina.
Please take a moment and fill out the questionnaire below to assist you in your home search.
Buying a house may be the most complicated financial process of your entire life. We’ve broken it down into 10 straightforward steps:
1. Are you ready to become a homeowner?
Whether you’re becoming a homeowner for the first time or you’re a repeat buyer, buying a house is a financial and emotional decision that requires the experience and support of a team of reliable professionals. Let’s start with a WISH LIST.
2. Get a Realtor®
In the maze of forms, financing, inspections, marketing, pricing, and negotiating, it makes sense to work with professionals who know the community and much more. Those professionals are the local Realtors who serve your area.
3. Get a mortgage pre-approval
Most first-time buyers need to finance their home purchase, and a consultation with a mortgage lender is a crucial step in the process. Find out how much you can afford before you begin your home search.
4. Have A Down Payment Saved
In order to purchase a home, people must have cash for a down payment. Unfortunately, many people have other obligations and debts that make it difficult to save the type of money that is needed. This is why one of the first steps to buying a home is to save for the down payment. In most cases, lenders require a twenty percent down payment. Buyers may choose to open a savings account in advance, or the down payment may be given as a monetary gift from a family member. Downpayment requirements: FHA loan - 3.5% / Conventional - 5% / USDA & VA - 100% (there might be other costs involved in getting the loan. Please do your due diligence)
You may also qualify for first time home buyer programs where you will get downpayment assistance with $0 out of your pocket or minimal downpayment.
5. Look at homes
A quick search on our site will bring up thousands of homes for sale. Educating yourself on your local market and working with an experienced Realtor can help you narrow your priorities and make an informed decision about which home to choose. (Browse www.Realtor.com)
Your wish list will assist us to automate the search for your interested criteria in Multiple Listing Service and send you emails with potential properties for you to view.
6.. Choose a home
While no one can know for sure what will happen to housing values, if you choose to buy a home that meets your needs and priorities, you’ll be happy living in it for years to come.
7. Make an offer
While much attention is paid to the asking price of a home, a proposal to buy includes both the price and terms. In some cases, terms can represent thousands of dollars in additional value—or additional costs—for buyers.
8. Get funding
Start the loan process with your lender. Bear in mind that it will take approximately 45-60 days to close on loans nowadays, and ensure that your settlement date coincides with this timeframe.
9. Get insurance
No sensible car owner would drive without insurance, so it figures that no homeowner should be without insurance, either. Real estate insurance protects owners in the event of catastrophe. If something goes wrong, insurance can be the bargain of a lifetime. It is always a great idea to start getting an estimate from your current insurance provider for your auto as they might give your multiple policy discount.
The closing process, which in different parts of the country is also known as “settlement” or “escrow,” is increasingly computerized and automated. In practice, closings bring together a variety of parties who are part of the real estate transaction.
You’ve done it. You’ve looked at properties, made an offer, obtained financing, and gone to closing. The home is yours.
The above is the process for buying your dream home. Now that you understand the process, let's get started with your home wish list! Fill the form below to the best of your knowledge. These answers will help me find the ideal home for you and remember that this is not edged in stone, it is just a guideline for me to get you started in your ideal home search.