What to Expect When Buying a Home

Purchasing a home is one of the largest investments you will make. Many will find the quest for that perfect home an exciting process. However, this is not always the case; it can become a daunting and stressful experience for some. This is why having the perfect realtor is key. I am here to do all of the hard work for you! 


Here is what to expect when buying a home:

1. Pre-Approval

2. Home Search

3. Offer(s)

4. Escrow

5. Closing



To be a serious buyer in today's market, most sellers will not accept an offer unless you have been pre-approved by a bank. Obtaining pre-approval from a bank is determined by a number of factors. Banks will verify basic information such as FICO scores, work history, identification, assets, and income. Most sellers will want to see pre-approval documents prior to accepting an offer in order to minimize any potential risks during the escrow process. You can get pre-approval from either a bank or your preferred lender. 


Home Search

Finding a home is not always easy, and it can take a week(s) to a year to find your dream home. Do not get discouraged! With determination, commitment, and patience you will find the right home.     


When you do find a home you love, you will submit your offer to the seller. Within the specified time period the seller will either accept, counter, or reject your offer. Do not be alarmed if your first, second, or even third offer does not get accepted by the seller. Reasons for having an offer rejected may include factors such as, the current market, area, and your price point. There can also be multiple offers on the same home. Do not get discouraged! The perfect home is out there for you. 


When your offer does get accepted by a seller, you will then go into escrow. Escrow is a process where a third party entity ensures that all sides of the transaction will run smoothly for both parties involved. They will also take care of all  financial aspects until completion. While in escrow you will have contracts and disclosures to sign, as well as inspections and appraisals to conduct on the home. As your realtor, it is my job to provide you with detailed explanations, answer any questions you may have, as well as keeping you informed as to what is going on throughout the process. I will guide you every step of the way!  


This final process is where you will find yourself the most busy with many documents to sign from both escrow and your bank or lender. During this stage you will also conduct final walk-through's of the property. Keep calm, before you know it....Congratulations, you purchased a home!