1. Get Pre-Approved for a Home Loan – The first step to buying a home. Getting loan approval will tell you what monthly payment you can expect at a particular price range. It is also a necessity when making an offer. You need to provide this document when you submit an offer to a seller. If you find your dream home before doing this first step you may lose out due to the delay in obtaining one.
2. View Several Homes – Don’t move on the first property you see but… don’t move too slowly either. With your agent’s help, you’ll be able to view enough properties to get a good overall perspective of your market. And when you find the right property, all the legwork will be worth it.
3. Imagine the Property Vacant – Your furnishings and decorations will be the ones filling this new residence. Don’t be swayed by beautiful furniture. It leaves with the owner.
4. Inspect, Inspect and Inspect – There are different inspections to have done depending on the home and property. Get them done by professionals in writing. Make sure all utilities are on (gas, electricity, water, etc), so you can inspect everything in working order. Review title reports and CC&Rs. Don’t take anything for granted and ask questions if something isn’t clear.
5. Utilize Your Team – By aligning yourself with the right real estate professional, you’ll have an entire team working for you. Top real estate professionals have lenders, inspection teams, title and escrow agents – an entire group of experienced professionals to make the whole buying experience simple and easy for you.
6. Be Columbo – Check out all your costs and expenses before you sign: utilities, taxes, insurance and home owner’s association fees if they apply. Ask questions and be very detail conscious.
7. Do a Final Walk Through – Visit the property after all the furnishings have been moved out to be sure there are no surprises. Be sure the property was left exactly as agreed upon in the contract. Many times, things are unintentionally overlooked that could be spotted in a final walk-through.
8. Plan for Flexibility – Closing dates are not written in stone. Allow for changes and have a backup plan. If you or the sellers need a little more time to conclude the final arrangements, don’t let these delays upset or frustrate you. These types of circumstances are not uncommon in a real estate transaction.
9. If it’s Not In Writing, It Doesn’t Exist – All promises and discussions should be in writing. Don’t make assumptions or take anything for granted. Even the best intentions can be misinterpreted. A diligent agent should keep an ongoing log (in writing) of verbal discussions, and get both parties written approval for all agreements.
10. Be Honest and Loyal – Be open, honest and up-front with your team. Not being up-front with information and expectations can cause headaches, delays or may even keep you from getting into the home you worked so hard to locate. Take the time to select the right team in the beginning and your first home purchase will a simple, easy and enjoyable experience you’ll have fond memories of for years to come.
Here are 4 ways we can help you now….
#1) Get a “Market Activity Report” for your specific area….
Just email me at the address below with your zip code in the subject line
#2) Go here to get a “Home Value Report” and find out what YOUR home may sell for.
#3) Get a free “Home Evaluation”
Just reply with “evaluation” in the subject line and we’ll set a time for me to stop by for a few minutes
#4) Get your free copy of the Oregon Home Loan Report”….
We constantly monitor 100’s of loan programs. This report shows…
The top safest, low and no down payment home loans
Just click here to get the Home Loan report
Shirley Nilsen – Real Estate Broker/Owner Sunrise Realty Group 503-348-7945 Nilsen@CascadeAccess.com Licensed in the State of Oregon
Kurt Nilsen-Mortgage Advisor
503-939-6370 or KurtsHomeLoans@Gmail.com
Sunrise Mortgage Group
365 Warner Milne Rd. #206
Oregon City, OR. 97045
A Division of Finance Of America Mortgage LLC