Buying a Gardena house for the first time is a significant life event for most people. But regardless of whether you’re looking to buy your first home or you tenth, buying a Gardena house is always a serious financial decision, and oftentimes an emotional one as well. If you are ready to make your move to a new Gardena home, the following guide lays out a step-by-step plan to get you there.
Get Pre-approved for a Mortgage
The majority of first-time homebuyers rely on financing to purchase their home. Meeting with a mortgage lender (or a few) for a consultation is an important step in the process. You’ll want to know how much you can afford before you go out searching for a home, so be sure to get pre-approved for a loan. The actual amount you ultimately qualify for can vary from your pre-approved amount, but most of the differences are due to the type and value of the home you decide to buy. The pre-approval process will also help you get a head start on compiling all those important documents required by the loan approval process.
Find a Real Estate Pro
It doesn’t take much to get lost among the forms, financing, unfamiliar terms, inspections, marketing, negotiating and pricing that come with buying a Gardena house, so you’ll need a solid team of motivated and dedicated real estate professionals on your side. Finding the right partner is critical to syncing up with the best possible team for you, so make time for a comprehensive search process. Ask friends, co-workers and family for agent referrals, check online for client reviews and agent presence and conduct interviews with every potential agent partner.
Look at Homes
Over 90 percent of homebuyers turn to the internet to begin their search; it’s no surprise that yours should begin there as well. Educate yourself on the local Gardena market and work with your real estate partner to come up with a list of features you need, features you want and features you absolutely cannot live with. The home search process can become almost a full time job for many, so come up with an efficient plan for your own that best utilizes your time.
Make an Offer
Your offer includes both your price and your terms, both of which will never be the same for any two properties. In some cases, terms can represent thousands of dollars in value and be valuable bargaining chips for negotiating.
The closing process, also known as settlement or escrow, will involve a number of different parties, including the seller, the seller’s agent, an appraiser, an inspector and your mortgage lender.
The acceptance of your offer and the completion of the closing process mark the conclusion of your home buying journey. During the closing process you will obtain the final decision surrounding your loan approval and the amount.
If you are looking for a great partner to work with, be sure to contact our Twelve21 Homes team today.