Buying a home can be equal parts exciting and overwhelming. Making it from pre-approval to closing can feel like a staggering journey, which is why we’re here to help. Whether you’re a first-time homebuyer, relocating to the area, or looking for a new vacation house, this guide will help keep you on the right path every step of the way.
The first step of your buying process should be finding the right agent for you. Considering how much time you’ll spend with your agent, it’s important to select one you can trust to navigate you through the home-buying maze.
When searching for a home, it’s important to know what you want. The right agent will help you determine must-haves and deal-breakers, as well as educate you on the communities you’re interested in. Rest assured, our real estate experts know the field inside and out and will ensure you’re equipped with the knowledge you need to make the best decisions for you and your family.
Now that you have an agent in your corner, it’s time to get pre-approved for a loan. By measuring factors like income, credit, and assets, a lender can determine what type of loan best suits your needs and how much home you can afford. This can give you the upper hand as a buyer because it shows sellers that you’re serious about making a purchase.
If the pre-approval process sounds scary or daunting, don’t worry. The professionals at Watson Mortgage Corp. are committed to making your pre-approval smooth and effortless so that you can focus on what’s really important: finding the home of your dreams.
With an agent by your side and an idea of your price range, it’s time to start shopping. A good place to start is creating a wish list of features that are important to you. Once you have an idea what you want, you can use our helpful search tool or mobile app to find homes that fit your criteria in the neighborhoods you want to live.
When touring properties, take note of things that are important to you. Is there enough room to comfortably fit your furniture? Is there enough cabinet/pantry space? Is it in the right school district? Many factors like these often go overlooked and can lead to frustration down the road.
Be honest with your agent about what you like and don’t like in each property you tour. The more they know, the better they can select properties you’ll like.
When you’ve found the perfect home, your agent will help you prepare a written offer. That offer contains much more than just the price you’ll pay for the house; it includes details like financing method, cancellation terms, repairs you want to be done, date you’ll take ownership and possession of the property, and more.
There’s no guarantee the seller will accept your initial offer – after all, sellers may receive multiple offers on a property. That’s where your Watson agent will make the difference. They’ll put their expertise to work for you to ensure not only that the negotiation process goes well, but that you end up with a deal that fits all your needs.
After negotiations have settled, the loan process and title work begin. You’ll need to complete a loan application with your lender, as well as provide the documents needed to confirm your income and assets. The experts at Watson Mortgage Corp. and Watson Title Services, alongside your agent, are ready to assist you with these steps once you’re ready. Together with your Watson team, you’ll navigate the process with ease.
Once these final steps are complete, it’s time to move in! Few things are more exciting than being handed the keys to your new home. Watson is proud of guiding so many buyers to this ecstatic moment, but our work doesn’t stop there. For anything from home improvement to home warranties, the Watson family is here to help you with all your real estate needs.
Everyone remembers buying their first home, though not always for the best reasons. Between the homebuyer’s guide above and a few tips for first-timers below, however, you can ensure your first home-buying experience is a memory you’ll cherish for years.
Estimated Payment$ 1,934.71 per month $1,418.88 Principal & Interest $416.67 Property Tax $99.17 Homeowner's Insurance
Create a Watson Realty Corp. REALTORS® account and begin monitoring homes as they come on the market, get info on recently sold properties, save your favorite properties and searches to view again later, and more. You can sign up using your email address, Facebook account, or Google account.
We respect your concerns about privacy and value the relationship that we have with you.
For the best website browsing experience, please enable cookies. Go here for instructions on how to enable cookies on your browser.