MAPLE RIDGE REAL ESTATE - JUDITH VANDENBERG - VANDENBERG REAL ESTATE SOLUTIONS

View Original

7 STEP HOME BUYING PROCESS

1. Deciding To Buy

Purchasing a home is one of the biggest and best choices you could ever make. It can lead to many advantages, and several financial benefits – build equity, value appreciation, automatic savings plan, and a sense of pride!

2. Hiring An Agent

I can help you and guide you to finding your dream home.

Why use a Buyer’s Agent? As your real estate agent, I will:

  • Educate you about the current market conditions.

  • Present comparable information to establish the right price.

  • Point out the advantages and disadvantages.

  • Help you figure out your needs and wants.

  • Coordinate with other professionals throughout the process.

  • Guide you to homes that fit your criteria and budget.

  • Negotiate on your behalf.

  • Keep you in check with paperwork and deadlines. Suggest solutions to solve any problems.

3. Secure Financing

Getting pre-approved before you shop, will help you know what your buying power is and lock in your interest rate.

A mortgage specialist will help you.

  • Review your current financials.

  • Discuss the options.

  • Guide you to an appropriate price point.

  • Negotiate on your behalf to get you the best deal for price and interest rates.

  • Keep you informed about the entire financial process.

4. Finding Your Home

Some questions you might ask yourself when choosing the right home are:

  • What amenities are crucial for you and your family?

  • How much space do you need and why?

  • Which is more critical: location or size?

  • Would you be interested in a fixer-upper?

  • How important is home value appreciation?

  • Is neighborhood stability a priority?

  • Is accessibility to main routes a priority?

  • What features are not negotiable in your new property?

5. Making An Offer

When you finally find the home you love, it’s time to make an offer. I will research information on other properties in the neighborhood, which will help you make an informed decision. Find out what the cost of buying a home is.

6. Negotiating An Offer

  • Make sure what you’re asking for is fair.

  • Be polite.

  • Hold fast to your “needs” and be flexible on your “wants.”

  • Know when to walk away no matter how hard that may be.

 
7. Hiring Professionals

You are making the most important financial decisions of your life, hire the right professional for the right job. A home inspector will make you aware of repairs and defects in the home, so you can make a clear-headed decision. Your real estate lawyer will help you with the legal duties and your real estate agent is your greatest home-buying resource.