Beginning your home search can feel like an overwhelming and nervewracking task.
At Five Star Real Estate Group, we like to make it very easy for our potential buyers to understand the steps that we take with you in order to find your dream home!
We broke it down into these 8 steps:
Let’s get to know each other! We’ll sit down, talk through the process of buying a home with the Five Star Real Estate Group, and dive into your dream home.
Be prepared to dig into paperwork during this part of the process such as pay stubs, W2’s, and tax returns. The lender will do a full review and then tell you what you will be able to borrow in order to purchase a home. This is a vital step in the home buying process!
This is where you’ll get notifications about the listings that you’re most likely to be excited about. Be sure to let us know if one (or more) jumps out at you so that we can jump to the next step and schedule a viewing.
Here’s where the buying process gets really fun. We’ll go to local open houses and schedule viewings of the homes that you’ve loved from our listing alerts. We’ll talk how the budget will work and make sure that we find you the perfect home.
A little scary, but very exciting! Three things can happen when putting in an offer on a house: the offer is accepted, it’s rejected, or you get a counteroffer. We’ll walk you through each of those possibilities and how to handle them. When the offer is accepted, it’s time to get your financing in order and move forward to the next step!
The sellers accepted your offer, and the home is going through appraisal and inspection. These are the last steps before you get the keys to your home! The appraisal guarantees that the price of the home matches the condition of the home. While the inspection makes sure that everything in the home is functioning properly and there are no major issues inside.
It’s time to dot the I’s and cross the T’s because you’re closing on your home! This process includes going through all of the final paperwork and signing your name a lot. Remember to bring all of the paperwork you’ve collected along the way, and your down payment.
Grab a bottle of champagne and toast to your new home! Congratulations, you’re a homeowner!