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The Steps to Take When Purchasing a New Home

By
Real Estate Agent with Metro Brokers/GMAC Real Estate

When purchasing a home in this market or any market, it is important to know the steps to take in order to make the process much easier.  Below you will find some helpful information about the home buying process, some you may already know and some may be new to you.

  1. Speak with a lender and have your credit Pre-Approved
  • This helps you to house hunt in confidence.  It assures that you are going to get financing in order to purchase the home that you want when you find it.

    2.   Start searching for the home that is perfect for you and your family.

  • Contact a real estate agent to assist you in your search for the perfect home.  To find that perfect home, think about the neighborhood you want to be in, school district, size of home and yard, etc.

    3.    It is time to make an offer.

  • Once you find that perfect home, make an offer.  Think about how much you want to spend in order to make it yours.  Your realtor will help you in the negotiating process by seeing what other homes have sold for in the neighborhood, and determining how much repairs, renovations, etc. might cost.

    4.    Get a home inspection.

  • Hire a qualified proffesional to perform a home inspection.  Your realtor should be able to give you the name of one or two that they use and trust.  The inspector will examine every detail of the house and will record any problems in the inspection report.  The inspection report can be used to negotiate with the seller.

   5.    Close the deal.

  • The closing is the end of the transaction.  All parties to the transaction meet with the closing attorney where all the paperwork is signed.  At the end of the closing, you, the new homeowner are handed the keys to your new home!

   6.  Move In!

  • And last, but definatly not least, its time to move your stuff in.  Congratulations, you are now the owner of the perfect home for you family!

I hope that this information was helpful to the people who are looking to buy a new home soon.  Please, if you have any questions on the home buying process, feel free to give me a call.  I would love to go over it with you and set up and appointment to start the process!

Randi Langley, Realtor Metro Brokers/GMAC Real Estate Office: (404) 843-2500 Cell: (404) 513-0361 randi.langley@metrobrokers.com   Please visit my website at:  www.metrobrokers.com/randi.langley  

"Your goals are my goals!"  

 

Comments(5)

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Larry Isaacson
Bayside 81989 LP - Weston, FL

Randi:

Welcome to Active Rain. This is a great forum to exchange ideas in these economic times. I believe everyone should look at all income steams as we enter a new paradigm. I have multiple income streams that I would not have thought I would look at or could do!

Larry

Oct 14, 2008 12:09 PM
Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hello Randi,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to you!

-Keith

Oct 14, 2008 04:19 PM
Vicente A. Martinez
Prudential Douglas Elliman Licensed Real Estate Salesperson - Woodhaven, NY
Realtor, Brooklyn - Long Island - Queens Homes

Hi and welcome to active|rain. There are thousands of tips, tools, and tricks of the trade here. Be sure to check them out. Best of luck and see you around.

Oct 14, 2008 05:45 PM
The Trumm Team Omaha Homes for Sale, Real Estate
Keller Williams Greater Omaha - Omaha, NE

Welcome to ActiveRain!

If you would like a few tips on getting the most out of ActiveRain, please visit my blog Welcome to Active Rain.  It has a few simple steps of what to do now that you have joined.

If you ever have any questions, just let me know.

Troy Trumm

Oct 15, 2008 01:04 AM
Dan Magstadt
Paramount Residential Mortgage Group, Inc - Lake City, FL

Congrats on your first post - Welcome to ActiveRain!!

DM

Oct 15, 2008 03:24 AM