Step by Step Guide To Home Ownership

Step by Step Guide To Home Ownership

First time homebuyers may get overwhelmed thinking about the home buying process… and that is understandable since this is likely the largest monetary transaction that will ever take place in their life.  So in order to take some of the jitters out of the process, I wanted to provide you with a simple step by step guide of what the pathway to home ownership looks like.

Step 1: Get Pre-Approved for a Loan
Step 2: Find Your Dream Home
Step 3: Negotiate the Contract
Step 4: Write out the Due Diligence and Earnest Money deposits to the Agent
Step 5: Professional Home Inspections
Step 6: Lender Home Appraisal
Step 7: Request Home Repairs & Ensure Satisfactory Completion
Step 8: Purchase Home Owner’s & Hazard Insurance
Step 9: Finalize Mortgage Loan Documents
Step 10: Pre-Closing Walk-Through
Step 11: Review Closing Documents
Step 12:  Sign Closing Documents at Settlement
Step 13: Attorney Records Deed
Step 14: Get the Keys to Your New Home!

***

If you are interested in finding out how I can assist you with your real estate needs, click this Calendly Link to book time for us to chat.

Relocating to the Cary area? Click here for the Cary Relocation Guide.

Thinking of selling your home? Click here for the Seller’s Guide.

Learn More:

  • Click here to learn more about the Due Diligence Fee.
  • Click here to learn more about the Earnest Money Deposit.
  • Click here to learn more about the benefits of having a buyer’s agent.
  • Click here to learn more about the benefits of having a seller’s agent.

Happy Home Buying & Selling In North Carolina!

Continue Reading