Purchasing a house can be an overwhelming experience in many of our lives, especially for a first-time home buyer. Getting familiar with the process can help you make a right decision through the entire transaction. Here is a step-by-step guide for you to walk toward the Home Ownership. If you have questions on any of the steps below, we will be more than happy to answer!
Here is how you can buy a property with Key House Realty:
1. Decide that It is Time for You to Buy a New Home
When you decide to purchase a property, start looking on the Internet
or contact us to set up an automated customized search on the MLS.
2. Make a List of Your “Wants” and “Needs”
List property information (locations/schools, type, the number of
bedrooms/bathrooms, etc.) and organize your priorities.
3. Find an Agent (Real Estate Professional) to Start Your Home-Buying Process
A real estate agent can answer all the questions you may have
on the buying process. Contact us to guide you through the entire process.
4. Find a Mortgage Lender to Get Pre-Qualified/Approved
Next step is to get pre-qualified or pre-approved for a home loan to make
an offer on the home you want. We can introduce lenders if you need one.
5. Begin to Visit Homes that Suit Your Wants and Needs
View several homes with your agent. This will give your agent the opportunity
to discover what you are really looking for and help you zero-in on the best home for you.
6. Make an Offer to Get Your Offer Accepted
Submit Purchase Contract to the Seller and respond to any counter offer.
Your agent will assist you with negotiations on your behalf until reaching an agreement.
7. Once Accepted, Meet Terms of Purchase Contract
Clear all the contingencies (home inspection, financing, etc.)
and provide all the paperwork necessary to close the transaction.
8. Close the Deal
Review closing documents (Settlement Statement, etc.) with your agent
and attend the closing to complete the transaction.
9. Congratulations! The Property is Yours
You will receive the keys and be all set to move into your new home!