Buying a home is a process. There are many steps involved from the time you start your search to when you are finally able to move your boxes in. If you are ready to find your dream home in the Whittier Area, help is here. Understanding the major steps of the home buying process will help eliminate any initial stress you might have. Here is a basic step by step guide to buying your new home!

 

1. Make a List of Wants and Needs! Know what your must haves are in your new home as well as those features/amenities you might prefer but are not deal breakers. Also, figure out a budget so you fully understand what you can afford. Doing this work ahead of time will allow you to narrow your search.

 

2. Begin Your Search! Start searching for your new home online.

 

3. Work with a Top Realtor! Finding a top real estate agent to work with will help you throughout the process. They understand the local market, the art of negotiation, and so much more that will undoubtedly help you find your dream home in no time.

 

4. Find a Lender! Ask your realtor for recommendations for the best lending agents to help you with your financial needs.

 

5. Decide on a Loan! Pick out the perfect mortgage for you based on the budget you created at the start of the process. If you are able to get pre-approved for a loan, you will stand out to sellers.

 

6. Start Looking! Hit the road with your realtor to start looking at homes. Home information online is helpful at the start but you will never get the full feel for a home until you walk through it. Attend open houses and schedule showings of homes you are interested in to find the right home for you and your family.

 

7. Make an Offer! After finding the perfect home, it's time to put in an offer. Your realtor will help you draft an appropriate offer that will hopefully make the home yours!

 

8. Enter Negotiations! Understand that there will likely be a counteroffer from the seller. This is where your realtor comes in handy because they are well versed in the step. Discuss what you are willing to pay for the home and what conditions you need to feel comfortable with your purchase.

 

9. Inspect the Home! One of the most important steps is the home inspection. You need to make sure that there are no underlying issues with the home that you could not see during the open house. Ask you realtor for licensed home inspectors in your area and go with them during the inspection so you can ask questions as they pop up.

 

10. Have the Home Appraised! Now it is your lender's time to determine the cost of the home. If it is appraised close to your offer, the home is yours!

 

11. Closing! During closing, you will finalize all paperwork to transfer the home to you.

 

12. Move In! Enjoy life in your beautiful new home!

 

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