Step 1: Find a realtor
A realtor’s job is to meet your needs during the process of buying a home.
Step 2: Visit ideal homes
The real estate agent listens to what you’re looking for and offers advice based on those principals. They will show you available homes that fit your description.
Step 3: Make an offer
If and when you found your ideal residence, make a fair offer. Go quick because odds are, there is someone else who may want the house as well. An experienced agent can help negotiate a contract to ensure all parties are satisfied.
Step 4: Sign the contract
Assuming your offer was accepted, you will now be under contract to buy the home. You will work with your realtor because they know the step-by-step processes and how to complete them correctly and in a timely fashion.
Step 5: Final negotiations
The contract is analyzed, and all the details are set. Some cities require inspections performed to ensure the property is up to code.
Step 6: Closing
A certified check will need to be performed at the time of closing. The home is yours, and a whole new list of to-dos can be created now. Make sure to follow my Moving Checklist to help the process go smoothly.
Tips to stay safe during a winter storm
Here are a few tips to help you stay safe during a snow storm and high winds: Stay informed: Keep track of weather forecasts and any alerts or warnings issued by local authorities. This will help you know what to expect and allow you to take the necessary precautions....
Benefits of Working with a Buyer’s Agent
A buyer's agent is a real estate professional who represents the interests of a home buyer. Their main role is to assist the buyer in finding, negotiating, and purchasing a home that meets their needs and preferences. There are several reasons why someone might choose...
Why Buy a Home?
Owning a home is an important milestone for many people, and for good reason. Here are a few reasons why it may be a good idea to consider buying a house: Building equity: When you make a mortgage payment, you are not only paying off the loan, but you are also...
Buying when mortgage rates start to drop
When mortgage rates start to drop, it can be good news for homebuyers. This is because lower mortgage rates typically make it easier for people to afford to buy a home, as the lower rates can result in lower monthly mortgage payments. For example, if you are...
10 Ways to get out of Negative Home Equity
Here are 10 potential ways that a homeowner might be able to get out of negative equity: Wait for the value of the house to increase: If the value of the house increases, it may eventually be worth more than the amount that is still owed on the mortgage, allowing the...
Positive vs Negative Home Equity
Positive Equity: Positive equity in a house refers to the value of the house being greater than the amount that is still owed on the mortgage. In other words, if you were to sell the house, you would be able to pay off the mortgage and still have some money left over....
Winter is here, Is your home ready?
Winter weather can present a number of challenges and risks to homes, such as the risk of freezing pipes, roof damage from heavy snow, and water damage from ice dams. It is important for homeowners to take steps to protect their homes from these types of risks by...
When is a good time to buy a home?
It's generally a good idea to buy a home when you are financially ready and have found a property that meets your needs and desires. Whether or not it is a good time to buy a specific property in a particular location depends on a variety of factors, including the...
Interest Rates and Home Buying
When interest rates are high, it means that it will cost more for a home buyer to borrow money to purchase a home. This is because the lender will charge a higher rate of interest on the loan in order to compensate for the increased risk of lending money at a time...
Home Buying Tips
Learn about current issues in the home buying market before making any offers. By doing so, you can save hassle and grief as the homeowner. The city of Ann Arbor does not require an inspection of a home before the purchase. Therefore, it is up to the buyer to have one...