House hunting can be exciting and daunting at the same time. Purchasing a house is a big decision and involves careful consideration of factors like budget and location, for example, to make a confident decision. Here at Coffer Realty Group, we’ve laid out these following these steps to make your home buying process smoother and easier:
- Determine your budget: Before you start looking for a house, it’s important to know how much you can afford to spend. Take into account your monthly income and expenses, and get pre-approved for a mortgage so you know the maximum loan amount you can receive. Check out our handy mortgage calculator tool to get an idea of what your mortgage might look like.
- Hire a real estate agent: A real estate agent can help you find homes that fit your criteria, handle negotiations, and guide you through the buying process.
- Start house hunting: Look for homes that fit your budget and preferences. Attend open houses, drive by properties, and work with your agent to schedule private showings. A great place to get started is with our property search tool.
- Make an offer: When you find the right house, your agent will help you make an offer to the seller. The offer should include the price you’re willing to pay and any contingencies you have (that the sale is contingent on the outcome of a home inspection, for example).
- Get a home inspection: Before you finalize the sale, it’s important to have a professional inspect the home for any potential issues. A home inspector will examine the structure, electrical, plumbing, and other systems in the home to make sure everything is in good working order.
- Finalize the sale: Once the inspection is complete and any necessary repairs are made, the final sale can be completed. You’ll sign paperwork and pay closing costs, including the down payment, which is usually a percentage of the home’s purchase price.
- Close the deal: After the paperwork is signed and the closing costs are paid, the deal is officially closed. You’ll receive the keys to your new home!
Remember, this process can take several months, so be patient and work with your real estate agent to make sure everything goes smoothly. If you are ready to get your house hunting process started, contact Coffer Realty Group today. Our experienced agents are dedicated to making the home hunting process a breeze for our clients.