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Couple Buying a House


The Essential Steps To Home Buying

When it comes to house hunting and home buying, you can't be too careful. You want to make sure that you get a great deal, and that there are no surprises when you start living in or working on your home. With Double Portions, LLC on your side, you'll get the guidance and support you need to make the best decision. We offer eight steps to buying the right house.

Prequalify

Pre-qualify financially before starting your home hunting. Have a real estate professional pre-qualify an affordable financial range. Once you're pre-qualified, choose a real estate agent you can trust to walk you through the home buying process from beginning to end. This agent or your lender will help you determine the best price range for a home, based on your monthly debt to income ratio and your down payment amount.

Once you have an agent and you know what you can afford, it's time to look at homes and choose the right one for you. This is the most enjoyable, but also the most challenging step. Ensure you choose housing that meets your needs now and for the foreseeable future but is in your price range.

Make an Offer

Once you find the right home, make an offer. Your real estate agent will help you with your written offer, which includes the price you're willing to pay and the purchase terms. Once the seller accepts your offer, it's time for a home inspection. The inspection and seller disclosure forms are prevalent in today's transactions because savvy buyers want to know the true condition of the home before they buy it. Your inspection is a thorough evaluation of a property by a professionally-trained home inspector to identify current or potential problems with the home.

Acceptance

Once your offer is accepted and the home has been inspected and found satisfactory, it's time to obtain financing. Your agent will give you the name of mortgage lenders that will offer the best combination of rates and services. Finally, it's time to close on your home. Documents are signed to move the title of the property from the seller to you. Whether you're interested in buying another home or need to inspect your current residence, call or contact us today to find out how we can meet your needs at an affordable rate.