For many buyers, especially first time home buyers, it can be tough to figure out where to even begin. Let us help.
Step #1: Hire your Realtor.
Buying and selling real estate is a complex matter. At first it might seem that by browsing online sites you could quickly find the right home at the right price, but a basic rule in real estate is that all properties are unique.
No two properties — even two identical models on the same street — are precisely and exactly alike. Homes differ and so do contract terms, financing options, inspection requirements and closing costs.
Real estate transactions involve one of the biggest financial investments most people experience in their lifetime. You will need a qualified real estate professional that you can trust to look out for your best interest and guide you through the home buying process.
Might I also add that working with a real estate team, such as–oh, I don’t know–Eric and Cara Wilkerson, has numerous advantages. With two professionals working with you to achieve your goals, you can count on reliable information and advice when you need it most.
Now that I am finished with my shameless plug, let’s get back to business…
Step #2: Hire your lender.
Buyers who have been preapproved for a home loan often have their offers taken more seriously by sellers. Your lender will inform you about interest rates and help you determine how much you can afford. Then, with your price range in mind, your Realtor can begin the search for your perfect home.
Check back soon for Part 2: Making Your Priority List!