Home Buyer Flow Chart

Home Buyer Flow Chart:  The most common questions buyers want to know is how to get started and what the home buying process is all about.  What are the benefits of buying a home verses renting?  I put together this Home Buyer Flow Chart to illustrate what happens in the process.Buyers FlowChart

Step One: Decide To Stop Renting

marty patrizi  This step is self-evident.  We all know that acquiring real estate is how to build equity for oneself and build communities.

Step Two:  A mortgage pre-approval certificate will be necessary to make an offer and a knowledgeable lender will guide you with what you are comfortable with verses what you can afford.

Click here to view => 7 Best Finance Options

nh realtyIf you find you are not able to get a pre-approval, don’t lose heart.  Your lender can help you with how to get your credit score fixed and save money for the future.

Step Three: Hire A Buyer Agent

Why do you need a buyer agent?  There are many reasons to hire a buyer agent.  Sellers will have an agent representing their best interests and will not be representing yours.  Your agent will have the experience to guide you in the process and make sure your interests are protected too.

Step Four:  The internet is a wonderful thing for searching properties for sale and it can be a curse at the same time.  Your agent will know the market and the neighborhoods that will best suit your wants and needs and will be on top of all the available listings for you.

Step Five:  You have searched and found a propertymarty patrizi realtor you would like to make and offer on.  Your agent will be able to help you research the actual value of the property and with due diligence help you write a winning offer.

 Step Six:  Seller Decidesmarty patrizi

If you and your agent are successful with your offer, you’ll move on to the “contingency phase” and if not, you will keep looking.

Step 7:  Contingencies

Your offer is accepted and you are on your way to home ownership.bean group

Your agent will help you choose and schedule a home inspector to evaluate the condition of the home.  If all is satisfactory, your lender will help you finalize your financing.

Step Eight:  Sign Away

bean groupYou’ll need to get the utilities switched over to your name and get to the closing table.  There, you will put your signature to about a hundred documents and try to avoid writer’s cramp.

Step Nine:  Enjoy The Benefits Of Home Ownership

Benefits Of Home Ownership

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