Buy a Home in Five Simple Steps
Posted: April 25, 2011 by Coldwell Banker Sea Coast Advantage
Okay, they may not be five simple steps, but if you follow them carefully, the process of buying Jacksonville, NC real estate can be much easier. By separating the process into easy-to-manage chunks, you will be able to navigate through it with ease.
Step 1: Organization
In this beginning stage of the home-buying process, you need to make some big decisions. You need to decide what size home you hope to purchase, how much you can afford to spend, and where you plan to start looking. By narrowing down your focus at the beginning of the process, you can save yourself a lot of time once you actually start shopping.
Step 2: Financing
In step two, you can start to assess your financial situation. By getting pre-approved to buy a home before you start shopping you can make the final stages of the process move much more smoothly. This will also help you know how much you can afford to spend on a home.
During this stage you will also want to assess what type of mortgage you can get, how much you can afford as a down payment, and how you plan to pay your closing costs.
Step 3: Shopping
This is the step in the home-buying process where you actually get to start shopping! Whether you choose to search homes on your own or enlist the assistance of a skilled real estate agent, it is completely up to you. An agent can help you find a house that meets your needs as well as assist you during the negotiation process.
Step 4: Negotiations
Once you have found the home of your dreams, you will enter into the negotiation stage. Probably the most difficult step in the entire process, negotiations can last quite some time. During this step you will write an offer for the seller to either accept or counter-offer. In most instances, the negotiations can go back and forth several times before a conclusion is determined.
Step 5: Closing
Once you have finished negotiations with the seller, it is time to sign an agreement. There is usually a set time between when you sign your agreement and when you can actually move into your new home. If you have been pre-approved, this step of the home-buying process should be quick and easy.
Looking for a qualified real estate agent to help you through the home-buying process? Contact Sea Coast Realty today.