Buyer's Guide
Buying a Home?
Here’s How to Keep It Simple:
Step 1: Know Your Budget
Before you start browsing listings, take a deep dive into your finances. Ask yourself:
🏡 Savings: Do I have 2-4 months of living expenses saved up?
🏡 Spending: What are my monthly expenses? Where is my money going?
🏡 Credit: Is my credit score solid? Aim for a debt-to-income ratio under 43%.
Step 2: Partner with a Real Estate Agent
A great agent makes the process smoother. Here’s what they do for you:
🏡 Market Savvy: They know the trends and fair prices.
🏡 Negotiator: They’ll fight for the best deal.
🏡 Local Expert: Get insider knowledge on neighborhoods and schools.
🏡 Connections: Need a lender or contractor? They’ve got recommendations.
Step 3: Get Pre-Approved
A pre-approval letter from a lender helps you:
🏡 Know exactly how much you can spend.
🏡 Show sellers you’re serious.
Step 4: House Hunting Time
Your agent will line up homes that fit your budget and wishlist. Be patient. The right one is out there!
🏡 Pro Tip: Take photos or videos during showings to help you remember each home.
Step 5: Make an Offer
Found the one? Your agent will help craft a competitive offer.
🏡 Accepted Offer: Congrats, you’re on your way!
🏡 Counter Offer: Negotiate until both sides are happy.
🏡 Rejected Offer: Don’t worry, your agent will keep searching.
Step 6: Home Inspection
Hire an inspector to check the home’s condition. If repairs are needed, your agent will help renegotiate or request credits.
Step 7: Close the Deal
Your lender will finalize the mortgage and arrange for a title search. After the paperwork, it’s time to pay your down payment and closing costs.
🏡 Welcome Home!
Let Exclusive Homes Realty guide you home.
READY TO START YOUR SEARCH?
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