The beginning of the buying process
I was sitting down with a first time home buyer this morning and within the first few minutes of our meeting she let me know how scary this was for her. To her, buying a home was a very scary and was going to cost her way more money then she had on hand. She had heard things from other people about different loans and earnest money but truly she didn’t know where to even start. The fact that she scheduled a meeting with me was just because her family had urged her to look into it.
I think most Realtors have seen it all before, where the buyer is very nervous and almost talking themselves out of the possibility of being a homeowner and that is something that I really want to help my clients with. I want to take the scariness out of the process and educate them while letting them know that I will be there every step of the way. One of the most helpful tools that I use is providing my clients with a step by step of what to expect. Here are my beginning steps….
- Let’s meet and talk a little – I want to get to know you and your family needs as well as you getting to know me. Buying a home can be a fun process but I want you to know that I am here to provide a service to you and answer any and all questions that you will have.
- Getting pre-approved – this part is KEY! The lender, which I can also assist you with finding, will look at your income, credit score, your current bills, and other factors to choose a loan that will best fit you and your finances and your monthly budget. Sometime people run into not having so great of credit and that is also something that a lender can assist with, they can look at what can be fixed and get you on the road to obtaining that loan. Having a poor credit history does not mean you will never get the opportunity to buy a home, it just might take a bit of work. Once we have you pre-approved we start with our search…
- Make a needs and wants list – Let’s be honest, we all want the best but we need to stick within our budgets too. So, we again will sit down and discuss how many bedrooms? Number of baths? Do the kids need to be in a particular school? and so on. We then start the Multiple Listing Service search for homes that fit your needs and typically we have a bit of room for your wants. But keep in mind that sometimes our wants may have to rest on the backburner!
From there we will, hopefully, find a home and begin the offer process. But this is just a taste of the process to see that it’s not so scary and you will not be alone in the process!