Seven Steps to Buying a Home

Step One - Loan Pre-Approval

• We can recommend a lender if you wish
• Pre-approval is essential and free
• You now know your budget limits

Step Two - Meet with a Property Master

• You will place a lot of trust in your agent
• Select a person who makes you comfortable
• Work with someone who actively listens to your wishes

Step Three - Select an Area of Town

• In what part of town do you want to live?
• Considerations:
• Proximity to work
• Schools
• Shopping
• Entertainment
• Transportation
• Health care

Step Four - Home Features

• Prioritize a list of desired features
• Split it into three classes:
1. Got to have it
2. Want to have it
3. Would like to have it

Step Five - Narrow Your Focus

• Using the tools your Property Master has available select 3-6 properties to view
• Visit the homes and make a thorough examination of each one
• Write down your impressions of each property
• Now select two to re-visit
• Select the one best suited for you

Step Six - Make an Offer

• With the assistance of your Property Master, make an offer for the home
• Include a significant earnest money deposit
• Wait for a reply from the seller
• There might be a counter offer
• Ask your Property Master to help you prepare an appropriate response

Step Seven - Escrow Process

• Your Property Master will open escrow
• Inspections must be scheduled
• Your loan must be completed
• Numerous activities and people will be scheduled by your Property Master
• A few days prior to closing you will sign your documents
• Upon close you will receive your keys