Question:

How do I go about the process of buying a new home?

Your Real Estate Team


Buying real estate can be a daunting experience, but in today's confusing market, you really need a good team to back you up and take the burden off your shoulders. Here are some tips to help guide you in the right direction of purchasing the home of your dreams.

1. Your Realtor is the key and a valuable resource in finding the home you want in the price range you want. Sit down with them and discuss your plan of action. Your wants and must haves all come into play. The area you're looking in is information your agent will use to narrow down your search and make the process a little bit easier. Knowing this before you head out and start to look can increase your chances of finding the right home in a short period of time.

2. Your lender plays an important role in not just lending you money, but pre-qualifying you before you start your search. Having a written pre-approval letter will let sellers know you're a serious buyer and have thought about your purchase. Pick a lender you feel comfortable with and someone who will work closely with your agent to get the deal closed.

3. Once you make an offer, you'll need to have the home inspected. This is a "must" that can save you a lot of money and headaches down the road. Talk to a few inspection companies before making a decision. Once the inspection process is done, you will be on the way to moving into your DREAM home.

There are many unforeseen obstacles in purchasing a new home, but when you have the right people on your team, you can rest easy and know that you're in good hands. Taking the time to talk to your agent and lender beforehand will give you the information and knowledge you'll need to make the right decision. Taking the stress out of the situation is their job and one a good team doesn't take lightly.

Real Estate Frequently Asked Questions

Where can I find real estate listings?

How do I find information on properties outside my local area?

What is a buyer's market?

What is a seller's market?

What does FSBO mean?

How do I know if I'm ready to buy a home?

What should I look for in a neighborhood?

What are the financial benefits of owning a home?

What is the difference between market value and appraised value?

Should I sell my existing home before looking for a new one?

Should I take a first time home buyer program?

What do new home buyers need to know?

What online resources are available to first time home buyers?

What books are available for first time homebuyers?

What types of relocation services do real estate agents offer?

What special issues do I need to consider when relocating?

How do I learn about the area to which I'm relocating?

How do I find a relocation company?

How do I plan my move?

How do I find a moving company?

What should I look for in a reputable moving company?

What types of things should be included in a moving quote?

Who provides the moving supplies?

Should I rent my own moving truck?

What is included in real estate closing costs?

How will I know what my real estate closing costs will be?

What closing information goes into the public record?

Who uses public records, and are they free?

How long will it be before we close on our new home?

Where do I find an appraiser?

Why do I need an appraisal?

What is included in the appraisal?

Why do I need to pay an appraiser?

What information do I need to give the appraiser?

What's included in the appraisal report?

Can I get an appraisal online?

How do I know how much to offer?

Will my offer be accepted?

Is the deal final once the offer is accepted?

How do I know what fixtures or decorations the seller is taking?

How do I find a commercial real estate lender?

How do I find a commercial real estate broker?

Where can I find commercial real estate listings?

What is the difference between residential and commercial real estate?

How can I get at the equity in my home?

Can I borrow against all my equity?

What can I use a home equity loan for?

What is sweat equity?

What is equity?

How do I know how much equity I have in my home?

What is a first time home buyer program?

What do I look for in a home inspector?

What does an inspection consist of?

Why do I need a home inspection?

What do I get in the inspection report?

Who should get the home inspection?

What is a fixed-rate mortgage?

How long a mortgage should I get?

Can I pay off my mortgage faster?

What is an adjustable rate mortgage?

How do FHA and VA loans work?

How do I get the best loan terms?

Should I get an interest only loan?

Do I need mortgage insurance?

Who qualifies for no down payment or low down payment loans?

How much of a mortgage can I afford?

How much should I put down on my house?

What's a reverse mortgage?

What will a mover do?

Is real estate a good investment?

What about buying a vacation home?

Do I have to wait for a buyer's market?

What is an MLS listing?

How do I find a licensed real estate agent?

Should I work with a buyer's broker?

How do I pick a real estate agent?

How much will a broker charge?

Can I negotiate the realtor's fee?

What is the difference between a real estate agent and a real estate broker?

How do I get my real estate license?

What services do real estate agents provide?

Should I sell my home myself?

Should a get a loan with no closing costs?

What are closing costs?

How long does it take to complete a real estate course?

How do I find a real estate school?

Can I study for the real estate licensing exam online?

What if I'm relocating for my job?

I am the buyer. Closing on the 25th. Seller wants to stay in house for three days *after* closing. How can I *best* limit my liabilities if someone were to get hurt , brak something ? etc... Is there a legal form online I can download/print ?

i was wondering if i found realestate for sell and sold it to a buyer to make profit and both parties new is that legall why or why not

How do I find a first-time buyer's program and should I use it?

The home we are buying is in good condition. Do we still need an inspection?

Can the seller pay for the home inspection?

My new company is offering me a relocation package. What does that include?

We are selling our home. We don't want to use someone our friends refer. How can we select our own agent?

I know that we need an appraisal for the home we are buying by-owner. How do we go about finding one?

How can I use the equity in my home?

How do we go about buying a home?

Should I invest in real estate?

How can I simplify packing and moving?

How do I go about the process of buying a new home?





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Lynne Christen