Preparing Yourself
Are you ready to Own a Home?
Do you have steady employment?
Do you have reliable credit? (Find out now)
How much Home can I afford?
Preparing your Finances
Obtain your own Credit Report and check for accuracy.
Determine your down payment amount.
Pre-Qualify for a mortgage
Do you have the ability to pay a mortgage every month, plus additional costs?
Know the Terminology
What is a Mortgage
What is PITI
Determine your home needs
What describes Your Dream Home
Should I build new, or buy existing?
How long do I want to stay in one location?
What features are most important? (Garage, Basement, # of Bedrooms, etc)
How soon do I want to move in?
Choose the Right Agent
Does my Agent understand my needs?
Are they willing to spend time, so I make the right choices?
Are they dedicated to their profession?
Do they have a PROVEN track record?
Does my Agent come with strong references?
Viewing the Property
Does it fit my needs?
Do I have room to grow?
How was the "Curb-Appeal"?
How does the neighborhood compare?
How are the Schools?
Will my working commute take too long?
Does it need major repairs?
Making an Offer, and buying the Home
Preparing your offer
Delivering your offer
Counter-offer
Agreeing on the Price
Prepare for Closing
Closing Day
Be Prepared, bring all documentation
Know the Costs
Control spending ahead of the big day
Plan for 2-3 hours
Obtain your final copy
Moving Day
Plan on needing help
Will you move yourself, or hire someone?
Reserve the moving truck is applicable
Dont try to do organize everything in one day!
Celebrate... You now own your own home!