Shopping for homes for sale and actually going through the process may not seem like a big deal on the surface, but there are a lot of steps that need to be followed. Here’s a basic list of steps that you can expect to go through.
Put Finances in Order
Buying a house is one of the biggest investments you’ll make in your life, so it’s important to make sure you’re ready for the commitment. Get your debt down, your credit up, and make sure that you can live the lifestyle you want with a mortgage.
What’s Your Price Range?
Determine your price range before shopping for homes for sale. This will prevent you from falling in love with a house that you can’t afford.
Get Pre Approved
Learn the importance of being pre-approved for a mortgage here.
Hire a Houston Real Estate Agent
It may sound like a good idea to go through this process alone, but the experience and guidance that a Realtor can offer is invaluable to first-time homebuyers.
Determine Wants and Needs
In a dream situation, you would be able to live in a Houston home with six bedrooms, three bathrooms, jacuzzi tub, large yard with a pool, three car garage, and the school down the road. But it’s important to keep everything in perspective when home buying. Make a list and try to stick to it.
Shop and Make an Offer
There are a lot of homes for sale in Houston, so this part can be overwhelming. Take notes, keep your needs/wants list with you, and always keep in mind the pre-approval amount of your price range. Work with your real estate agent to make an offer on homes you love.
This is another essential step of the process. Hire a qualified home inspector to ensure that there aren’t any major problems with the home that would prevent you from going through with the process. Some issues can be negotiated into the terms of the sale.
You made it! But only after you sign a lot of paperwork and handing over a lot of money. It still may take a few days for the loan to be funded, but you can let out a sigh of relief now.
If you’re starting the home buying process and want to look for homes for sale in the Houston area with an experienced real estate agent, get in touch with Cathy Spacek today.