First Time Home Buyer Steps

How Can an Agent Help Me Buy a Home?

Buying a home can be an overwhelming process. From financing to negotiating to closing, there are a lot of moving pieces that can leave homebuyers bewildered.

I can help guide you through each step of the buying process, offering sound advice along the way. By working with a professional agent who knows the ins and outs of the real estate industry, you’ll not only end up with a great home, but you’ll also walk away with a great experience.

Here are some of the key areas that an agent can help you with:

*Getting pre-approved by a lender
By providing your real estate agent with some basic information about your income, savings, and debt, he or she can assist you in getting pre-approved by a reputable lender. The lender will then go over your financing options, what monthly payment amount you can afford, and what you can expect for down payment requirements and closing costs. Your pre-approval letter is important to include when making an offer on a home.

*Choosing a home
For most buyers, choosing a home is an emotional process. An agent can assist you in this process by offering objective information about each property you look at. From local community information like schools and zoning to home-specific details like condition and amenities, an agent can help you find exactly what you’re looking for.

*Making an offer
Once you’ve found the home of your dreams, an agent will research recent comparable sales of similar homes in the area to help determine a fair selling price. Based on those comparable sales, as well as other factors like inspections and repairs, an agent will then help you structure an offer and negotiate to get the very best deal possible. If both parties agree and sign the contract, you will have a binding contract and can move on to getting an inspection!

*Getting an inspection
It is important to have your home inspected by a professional home inspector. If major items are found, you and your agent will work together to decide if there are items you will request the seller to repair before moving forward with your contract. See this video for more explanation.

*Closing
Closing, or settlement, can be a complicated process. In some areas, the escrow or title company handles the closing process, while in other areas, such as Georgia, an attorney handles it. Regardless of where you’re buying, a real estate agent can help ensure that everything goes smoothly.