Buyer’s Guide

Buying a home will most likely be one of the biggest financial decisions you will ever make in your lifetime, and often involves a lengthy, complicated process. But as long as you plan accordingly and know exactly what you want, you will end up with the property best suited for you.

Preparing to Buy

Before looking around, it’s recommended to create a green file, as you’ll need this in order to secure financing. This green file will contain your bank accounts, statements, investments, credit cards, loans, and other important financial documents. You should also check your credit rating with a lending institution to find out what you can afford, as your credit score will have an impact on the type of property you can buy.

Choosing a Real Estate Agent

Navigating the complex real estate market might seem like a daunting task for beginners or those not really familiar with it, but not if you work with a real estate professional. In general, select the real estate agent who is highly familiar with the areas where you want to live, with an experienced track record in successful transactions, and has knowledge of the latest market trends.

The right agent that you choose to work with will not only provide you access to property listings, but also process the necessary paperwork, and most importantly, guide you in making more informed decisions, as well as help you steer clear of potential disasters. An ideal agent is also one that you feel comfortable with, listens attentively to all your concerns, and promptly replies to your calls and inquiries, no matter the time of day.

Loans and Mortgages

Find out the different kinds of loans available so you can determine the best option for you and your current financial situation. Compare each mortgage type, and carefully consider their pros and cons; your agent will help you get questions answered and guide you to the best possible solution. Getting a pre-approval letter from a lender will also help you search for the home you want faster, since you know exactly how much you can afford. A pre-approval letter is also a sure sign to sellers that you’re a serious buyer because you already have financing.

Looking for your Home

Start your search for the home you want by looking through various online property listings or some recommended unlisted properties provided by your agent. You can save hours and even days of searching by simply concentrating on the home with the features you need. When you’ve chosen the properties that interest you, have your agent make appointments so you can visit them. Don’t rely entirely on photos, as you will want to view the properties in person in order to help you decide. Get to know more about the neighborhoods that you plan to live in and check your future home’s proximity to important amenities such as schools, shopping, or access to main roads. Drive around the area and see for yourself if the community is right for you.


When you’ve finally chosen the house that you want, your agent will help you make an offer that the seller will consider. Be prepared for things like counteroffers or rejections, and remember that these negotiations are part of the process; having a good, skilled agent on your side will ensure that negotiations will go smoothly.

Inspections and Escrow
Home inspections are extremely important because they can alert you if there are problems with the house you’re buying, giving you enough time to renegotiate or even cancel. When you and the seller sign the purchase agreement, the escrow process begins.

When everything has been processed, signed, and filed, the deed to the property is now in your name, and the property is then turned over to you, the new owner, and you’re ready to move in. Congratulations on buying your new home!

Buying a home can be a very difficult process. You deserve the very best when buying a home, make the seamless transition by contacting The Realty Pros or calling 561.737.5300 for all your Real Estate needs!

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