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01. Prepare financially – This can mean different things to different people but the big takeaways here are 1. Paying down large debts  2. Improving your credit score and 3. Putting aside funds

02. Talk to an agent – Your agent will take you through the process and answer any questions you may have up front. It’s important to have this meeting sooner than later. Before having your credit pulled by a lender and paying out any money

03. Talk to a lender – A lender will tell you what you can afford and help you nail down an ideal purchase price. A lot of buyers work backwards with their lender. They will tell them what they’d like to pay in a monthly mortgage and decide on the price point from there. After meeting with a lender, they will ask you to fill out a pre approval application to confirm your financial situation.

04. Determine your wants/needs – Lots of things go into choosing a home, and neighborhood is a deciding factor for some people… others are more concerned with square footage and finishes. 

When you see a home you’d like to tour in person, let your agent know and they will schedule the tour and accompany you.

05. Tour homes with your agent – Your agent will set you up on a client portal that allows you to see all homes listed on the MLS within your criteria. When you see a home you’d like to tour in person, let your agent know and they will schedule the tour and accompany you.

06. Submit an Offer – Find a home you love? Let your agent know and they will start the offer process. This includes talking to the listing agent, putting together a CMA, and completing the offer forms.

07. Offer Accepted – Once your offer is accepted, you will start the escrow process. This means the seller takes the property off the market while you secure financing. This can take anywhere from 14-60 days.

08. Closing – Once financing has been secured, you can close on your home. This is when the downpayment and closing costs are paid. Once you sign your closing documents you can take possession of the property! 

Interested in starting your home buying process? Click here to connect with a Sage & Cedar agent, talk about the market, your wants/needs, and next steps!

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