I know... the dreaded B word, but if you're crystal clear on what your budget is, this process will be so much easier. Determine what you want your monthly payment to be, and determine how much you want to put down.
Now that you have a clear idea on what you want and what numbers you'd like to hit, it's time to talk to a lender. Your pre-approval will be submitted with any offer so the sellers know you can secure a loan for their property.
Now it's time to start shopping for your new home! We'll automate this by setting up a custom home search for you with all of the criteria you listed above. This means anytime a new home hits the market that meets your criteria, you'll get an email notification. If you like what you see, reach out and I'll set an appointment to walk the home.
A few ground rules to make this process as enjoyable as possible: 1. Do not walk homes that are not in your budget. I can promise you this never ends well and oftentimes makes you disappointed in what you CAN afford. 2. Remember when walking homes, someone else is often living there. 3. Save any talk of pricing for after the showing.
Once we have an accepted contract, we send it to the Title Company who will facilitate the closing documents. The Title Company works with all parties involved (buyer, seller, both agents, and lender) to compile all the documents necessary to close.
Closing day is usually a collection of a few days. The Title Company will receive loan documents 3-5 days prior to close and you'll have two options: you can make an appointment to sign at the Title Company OR they'll send the documents to you with a notary to sign in the comfort of your own home. Your property is officially closed once the title has been recorded, then funding will follow. Good news? Once it's funded we can release the keys to your new home to you!