An Overview Of The Home Buying Process
Are you looking for a simple a-to-z guide on buying a home? Well you’re in luck my friend, I am here to give you the simple skeleton of the process. Read this, and get started.
The very first thing you need to do is to talk to your bank. You have to do this long before you’ve even started looking at which neighborhood you do or don’t like. Don’t be fooled by optimism or ignorance, and don’t waste time without knowing exactly what your bank will and won’t allow.
Now, you might think finances is the only obvious step that people skip right? Actually wrong, a lot of people skip ahead and start looking at homes or locations before they’ve spoken to a Realtor. This is not wise as an agent can actually help prevent any of the many mistakes you might make in the process. So please be wise and go find a broker before you do anything else.
Now, let me say something obvious. There is a reason we invented paper. It is because humans are notoriously bad at remembering important things at crucial times unless its put on paper. This is why I want you to go ahead and take an afternoon out to systematically go through all the things your home must have. Make sure to list which things you’re ready to negotiate and under which circumstances. And finally, be sure to make a list of things that are nice bonuses if they can be offered.
The next step in my map is to start browsing and looking at different locations online. Just make it an exploratory thing at this point. Once you narrow down on a location that you like, let your Realtor know so she can start doing her thing.
This is the point at which you start getting serious. You and your Realtor start looking at homes in a serious way, carrying your hardcore negotiation cap. You ask the seller hard questions and you start checking the home against the list you made earlier. Be thorough. Don’t let anything slip your sights. You’re buying a home, not a TV-set.
Once you’ve narrowed your choice down to 2 or 3 homes, let your broker know so that she can start doing her thing. This is the point at which she takes over and makes sure you get the best deal out of the 3.
If you would like to do more research, I think that you can just yahoo a key-phrase like ruby hill homes or even fremont real estate.
