Elizabeth Shepard, Realtor

Steps to Buying a Home

Buying a home can be a big decision. It is important to be sure that you have the right steps in place so that you do not find yourself in a situation where you cannot make your purchase. Check this important info.

Finding a real estate agent

Having a real estate agent in your corner can be a game changer when it comes to buying a home. They can teach you about the local area and assist you with the home buying process. A good real estate agent can also help you determine a fair offer.

A great way to find a real estate agent is to ask for recommendations. A friend, family member, or mortgage broker can be a good source of recommendations. You should also ask if they are a member of a local Realtor association. They may also have special certifications or have years of experience.

It’s also a good idea to ask about a real estate agent’s marketing skills. A good real estate agent is one who can show you a home during hours that are convenient for you. This will save you time on weekends.

You should also consider getting pre-approved for a mortgage. Once you’re pre-approved, you’ll be able to get access to a network of agents.

Getting pre-qualified for a mortgage

Getting pre-qualified for a mortgage when buying a home has many benefits. These include the ability to get approved faster, organizing your finances, and finding out how much you can afford to spend. However, it’s not a guarantee that you will get approved.

Before getting pre-qualified, you should check your credit and make sure you have all of the necessary documents to provide. Some lenders require you to submit a paper application, while others offer an online pre-qualification process.

Once you get pre-qualified, you can make an offer to purchase a home. This helps you stand out in the eyes of sellers and real estate agents. It also gives you bargaining power. It can also help you avoid getting over the maximum loan amount that you can afford.

However, getting pre-qualified isn’t a guarantee that you will get approved for a mortgage. The actual number changes when the lender verifies your financial documents. If you have been denied, you should learn the reason for your denial and take steps to fix the issue before you go shopping for a home.

Making an offer on more than one house

Buying a house in a competitive market can be a stressful experience. You want to find the home of your dreams, but you also want to make sure you don’t overspend on a home you can’t afford. So, you make an offer on more than one house.

The key is to keep your options open. If you have more than one offer, you can decide to take the highest one, reject the rest, or negotiate with them all.

Make sure to do your homework. The best offer will be the one that gets you the most money for your home, is in your price range, and is in your neighborhood. A qualified real estate agent will be able to help you find the best offer for you.

Don’t be afraid to ask questions. Oftentimes, you’ll find that the seller will be happy to discuss your offer and negotiate with you to find the best deal for you.

Do all negotiations in writing. This will ensure that you don’t get into any legal tangles down the road.


Buying a home is a multi-step process. There are many steps to take between the time an offer is accepted and the final closing.

The first step is to get a loan estimate. This will contain important loan information, such as interest rate and closing costs. It is also important to talk to your lender about any closing requirements.

Next, you should have a home inspection. This will check the home for major problems. If there are problems, you can negotiate repairs with the seller. You can also request closing credit for repairs.

After your home inspection, you may be tempted to rush through the paperwork. However, you should take the time to read it carefully. You should also ask questions if there are any discrepancies. You should also bring along a copy of your home warranty paperwork.

During your final walkthrough, you will make sure that your home meets your expectations. You should also make sure that the contract has not been violated. Up next.