Homebuying 101

Home-buying simplified into 5 steps

Thomas Brady

12/30/20222 min read

Congratulations on taking the exciting step of beginning your home search! Buying a home is a big decision, and it's important to be prepared and informed before diving in. Here are the first things you should do as a home buyer, broken into 5 steps:1. Determine your budget: It's crucial to have a clear understanding of how much you can afford to spend on a home. This will help you narrow down your search and ensure that you're looking at properties that are within your price range.2. Get pre-approved for a mortgage: Before you start touring homes, it's a good idea to get pre-approved for a mortgage. This will give you a better idea of how much you can borrow, and it will also make you a more attractive buyer to sellers, as it shows that you're financially prepared to make an offer. Your real estate professional can recommend the best mortgage brokers and lenders, guaranteeing a smooth process. 3. Determine your must-haves and nice-to-haves: Make a list of the features that are most important to you in a home, such as the number of bedrooms and bathrooms, location, size of the lot, any specific amenities, etc. This will help you focus your search and not get distracted by properties that don't meet your needs.4. Start your search: Once you have a good understanding of your budget and what you're looking for, it's time to start your search. Let your real estate agent know what your looking for, and they can send you the most up to date information and available properties. 5. Tour homes and make an offer: As you find homes that meet your criteria, your real estate will schedule tours to see them in person. This will give you a better sense of the property and help you decide if it's the right fit for you. If you find a home that you love, it's best not to drag your feet on placing an offer! Your real estate agent can guide you every step of the way. Remember, buying a home is a big decision and it's important to take your time and do your research. This is where your buyers agent is the most valuable. By following these steps, you'll be well on your way to finding the perfect home for you and your family.