Buyer check list! Are you ready?

By
Real Estate Agent with Weichert Pacific Equity Properties

Buying a home can be a daunting task. Below I have provided a checklist you can either simply scan or print out to help you along the property path.

HOME BUYING CHECKLIST

 

Be an informed buyer. There are numerous resources available to your through the Internet. In addition I have many reports and resources at my disposal.Doing the research in advance can save you needless anxiety.

 

Consider getting a copy of your credit report before beginning the loan process. Assess and understand your financial freedoms and restraints as soon as possible.

 

Begin the application process by getting prequalified and preapproved by a Mortgage Lender. Do this first. Your Agent will need your mortgage qualification, and it will significantly strengthen your offer when you find a home.

 

Make sure to solidify your housing budget before you move. This will help to ensure you don't overspend and are not susceptible to unforeseen costs.

 

Research how long it takes to buy a home from start to finish.If you do not time it properly, you could find yourself sleeping on a floor or in a guest bed somewhere.

 

Make sure you find a real estate agent you can trust.Luckily this part is already done for you. I just happen to be a trusted real estate agent in your area.

 

Begin assessing your needs and wants in a new home.Plan this out and tie it to your budget.This will help you eliminate homes from your search, saving you time.

 

Familiarize yourself with the types of housing available (i.e. single family, townhouse, condo, etc.).

 

Depending on whether you'll be buying or building a home, investigate the ramifications of each decision and which is the best option for you.

 

Arrange for home inspection. Protect yourself and do not skip this step!

 

Learn about home warranties and what they cover.

 

Compare and secure homeowners insurance.

 

Arrange to meet with a closing agent or attorney.

 

Make moving plans. If you plan to use a moving company, make sure to reserve time for comparisons between moving companies.

 

Secure final loan approval and commitment from the lending institution. If you have done your "up-front" work, this should be one of your easiest steps.

 

Do a final walk-through of the house.

Now move to your new home and enjoy!

Hopefully this checklist will help to keep you on track and steer you through the home buying process. I'm here to help you in all aspects of this process.Please give me a call or send me an email to schedule a time to meet.If you have any immediate concerns please don't hesitate to ask.

Comments (1)

Kevin McGourty
Realty ONE Group - Phoenix, AZ

Nice check list.

Jun 04, 2008 07:04 AM