Buying a Home . . . A Step By Step Guide!

1.  Talk to a Lender: Get Pre-approved

A pre-approval letter from a reputable lender, can make all the difference when making an offer on a home!  Not only will the seller have confidence in your ability to buy their home, you will feel good knowing you are staying in a price range you are comfortable with.  

P.S. You can never do this step too early!  Even if you are months away from buying a home, having a strategic plan in place insures a smoother, more enjoyable transaction!

2. Buyer Consultation: Meet Your Realtor

To ensure the best experience, it is important to meet with your Realtor to understand each other's objectives and expectations.  In this meeting we will establish clear goals and a timeline based on your needs.

3. Select Properties to Tour

During our meeting, we will discuss the features you are looking for in your new home and set up a daily search that will you informed of both new listings and changes to current listings that meet your criteria.

4. Tour Properties

Part of educating yourself on the market, is touring potential homes.  This is one of the funnest parts of the entire process. We will view homes allowing you to compare features and areas ~ until you find the right fit for you!

5.  Offer and Negotiation Process

Once you find the right home, we will negotiate the purchase terms with the seller.  Sales price, closing date, included/excluded items and closing costs are just some of the items we will negotiate.

6.  Under Contract and Closing Period

Now that we have successfully put a home under contract, the lender will begin processing the loan (they may ask you for new or updated documentation), the appraisal will be ordered and you will have the option to have a home inspection.

7.  Closing Process

When the wait is over, we will sign your loan documents with the title company.  Once all docs are signed, the monies will be transferred and the deed recorded into your name.  This process usually takes about 24 hours.  Once the deed is recorded you can take possession of your new home!

Welcome Home

It truly is an honor to walk beside you during the home buying process.  Please contact me today and let's get started making your dream of owning a home, a reality!

Jessica Adams

Realtor

Cannon and Company

801.518.1806

Committed to taking care of and educating clients and friends