Home Buying Process

Step 1: What Is The Job Of A Buyers’ Agent/How Are They Paid?

• A buyers’ agent represents the purchaser directly and not the seller.
• Schedules to view homes the client is interested in, which is much more efficient
• Offers advice in regards to value and condition of homes
• Completes market analysis for subject home prior to submitting offer
• Helps arrange financing, inspections, insurance, repair estimates, etc.
• A buyers’ agent is paid out of the percentage of the sale price from seller proceeds.
• A $295 Administration Fee for office processing is the only direct cost to buyer.

Step 2: Is Now The Right Time?

• How long are you planning on living in your next home?
• A buyers’ agent represents the purchaser directly and not the seller.

Step 3: Get Preapproved For A Mortgage

• How much can you afford?
• What are the different loan programs available? (FHA, FHA 203K, RD, VA, CONVENTIONAL)
• Make sure your credit is adequate.

Step 4: Find Your Dream Home

• What kind of home do you want?
• How many bedrooms/bathrooms?
• Are school districts important?

Step 5: The Escrow Process

• The home inspection
• Reviewing disclosures
• Ordering the appraisal
• Securing financing

Step 6: Closing

• The final walk-through
• Schedule to move
• Changing over utilities