Buying a home is an exciting time in one’s life. Making the smart move of choosing a Realtor is your first step to ensuring that your new home and community meets your needs. I will be your ally in a process that can be confusing, stressful, and one where people can easily take advantage of you and your money. I’ll work on your behalf, not only to find you a home, but to get you a fair price.
For your convenience, I also provide listings by email. I pride myself on repeat business and hope you’ll come to understand why.
Overview of the buying process
I speak with many potential homebuyers who are overwhelmed, stressed and frustrated with the buying process and always tell them it doesn’t need to be that way. I can guide you through the process and keep it as simple as possible. Below is an overview of the buying process.
Getting Approved for a Home Loan
“Pre-approval” means that you can readily qualify for a given loan amount with one or more mortgage programs. I suggest that potential buyers start the pre-approval process well before shopping for homes for several reasons: you will find which programs best meet your needs and how much you can afford, you won’t be rushed into a financing decision that may not be the best option, the lender will provide a pre-approval letter which shows your financial strength and shows that you have the ability to go through with a purchase.
Finding Your Next Home in Orlando
It’s important to list the features and benefits you want in a home. Consider such things as pricing, location, size, amenities, and design. Next, it’s important to consider your priorities. If you can’t get a home at your price with all the features you want, then what features are most important?
Making an Offer on a Home
While much attention is spent on offering price, an offer to buy includes both the price and several negotiating factors such as financing, date of possession, repairs, and furnishings.
Due Diligence
Once you have an executed contract, it is time to start the evaluation of the property, which should always include a home inspection. Other inspections that may be necessary include termite and septic tank. The findings of these inspections often call for further negotiations of the accepted offer.
Financing Your Next Home
As soon as you are reasonably sure the property is right for you, the process of obtaining financing continues. Since you have already been pre-approved you probably know what lender and type of loan you are going to apply for.
Closing on your Home — The Settlement
Settlement is the process where all of the necessary paperwork needed to complete the transaction is signed. The result is that title to the property is transferred from seller to buyer.
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