Home Buying

Buying a home usually represents your single biggest investment – and debt.

The home buying process is one of the most exciting, and frequently stressful, experiences you’ll ever go through. This holds true whether you’ve bought many homes or you’re looking to buy your first, whether you’re in the market for a new primary residence, an investment property or that perfect vacation getaway.

Today’s real estate market can offer more opportunities, yet can be filled with more risks, than ever before. There are a multitude of factors to consider and decisions to make. When buying, it’s crucial to have all the available resources necessary to make a well-informed decision, as well as the time required to make use of those resources. It’s important to enlist the help of a trusted real estate professional who will be able to provide expert guidance at each step of the buying process.

Finding and purchasing a home includes the following steps, which we’ll examine in more detail throughout guide:

1) Define your goals, research your options, make your plans

Given that buying a home is such a big step, it’s very important to educate and prepare yourself as much as possible. This means clearly determining the reasons you’re buying and what kind of home you’re looking for. Since buying and financing a home are so closely related, it also means examining your current financial situation and projecting how much you can afford.

Once you’ve answered these questions, even tentatively, you’ll be in a better position to research housing and mortgage options, and create an action plan and timelines for moving forward. Although it is possible to do this yourself, you may benefit by consulting an experienced real estate professional right from the start.

2) Contact The Real Estate Dads, Adam and Dave

Being dads, we are protective of the people we surround ourselves with. We treat everybody like family and make sure they are well prepared for the entire process. We understand every transaction is a meaningful transaction. To learn more about us and our mission, please click here.

3) Get pre-approved for a loan

We recommend that you get pre-approved for a loan before you start viewing homes with the serious intention of buying. The pre-approval process involves meeting with a lender and authorizing them to examine your current financial situation and credit history. On the basis of this examination, the lender may provide you with a document detailing the amount you can borrow to buy a home. Consider looking online to see what different lenders offer, or contacting your local bank or credit union.

The benefits of pre-approval include:

  • You’ll know what you are eligible to borrow and be able to plan accordingly
  • As a qualified, motivated buyer you’ll be taken more seriously when you make an offer
  • Lenders can tell you if you qualify for special programs that will help you afford a better home (particularly if you’re a first-time buyer).

Real estate financing is available from many sources, and an experienced real estate professional will be able to suggest lenders with a history of offering excellent mortgage products and services.

4) View homes and select THE ONE

Simply put, the key to the home search process is knowing what you’re looking for. Among other things, that means distinguishing between “must-haves” and “like-to-haves”. Oh, and don’t worry, your priorities may adjust during the home search process once you start touring homes.

There are many benefits to starting the search process on a real estate professional’s website, like the one you’re on now. You can view many homes and their details, access neighborhood info, and read helpful blog posts. Feel free to contact us for specific information on your desired neighborhood. We have access to pocket listings.

It’s also important to view homes in person. While the property details may seem similar online, homes can be very different in terms of layout, design, workmanship and other aspects. Schedule a buyer’s consultation.

5) Make an offer and let us negotiate

Once you’ve found the home you’d like to buy, it’s time to make an offer. We will provide you the appropriate information and analytics to submit a competitive offer on a home. Through the use of our unique valuation tools, you gain a deeper understanding of the current market conditions and value assessment of the home you are choosing to buy. Our guidance and our expertise in negotiations will put you in the best position possible.