What You Should Know When Buying a House

So, you want to buy a house – now what? The first time buying a home is an emotional, exciting, and also exhausting experience. You may also be wondering along the way – what am I missing? This is a common question. Here’s how the buying process works from start to finish.

A good real estate agent will help you navigate the process every step of the way. Hallmark Real Estate Services represents buyers as well as sellers and stands out among competition due to their dedication to customer service, ideal outcomes, and their commitment to the longterm happiness of each client. With a great agent, the remainder of the buying process can be much easier to manage. 

Check into what homes are selling for in the areas you are interested in to give you an idea of what you are looking for. This will help later on when communicating you wish list with your real estate agent.

Research

Begin with a quick Google search of properties in the area to gather an idea of the location, size, and style of home you are interested in.

Get Pre-Approved

Get preapproved for a loan. While this isn’t mandatory, it helps your agent know you are serious about purchasing and speeds up the loan process when the time comes.

The Search

Begin your home search. You may have a list of homes you would like to look at, but your agent will also have some recommendations. It’s important to keep an open mind.

Negotiate

Once you have found a home you love, your agent will help you make an offer. During this phase, there is likely to be a negotiation. With an experienced agent, this does not have to be a stressful experience for a buyer.

Agreement

Once a price and terms are agreed upon, legal documentation must be drawn up and signed by both parties. Hallmark Real Estate Services is experienced to guide you through ever step of this phase.

Inspections

It is always wise to have your potential future home inspected for any potential issues, including septic or plumbing problems, roof leaks, etc. The buyer is usually responsible for the cost of these important inspections.

Closing

Pop the champagne. Once your negotiations and inspections are all finalized, and you loan has been processed, you will spend about an hour with a title company, signing the closing paperwork on you new home!