how to buy a home
Approval
Before embarking on your quest for a new home, it's crucial to determine your payment options. Do you have the funds readily available? Or will you need to pursue financing? If financing is necessary, the first step is to consult with a lender. However, it's worth noting that you can compare offers from various lenders. Don't feel obligated to stick with the first lender who approves your application. Shopping around can lead to securing the best interest rate and loan terms to suit your needs. A pro tip to consider is selecting a lender who is available to answer your inquiries outside of regular business hours. Finding a lender who is accessible on weekends or weeknights can be extremely beneficial when unexpected questions arise.
Search
The real fun begins once you receive an approval letter! To make your home search easier, we set you up on an automated MLS search. The Multiple Listing Service is where agents list homes for other agents and consumers to see. Unlike syndication websites like Zillow, the MLS offers accurate and up-to-date information. It's important to have direct access to the MLS through your agent. Once you've found a home that meets your criteria, it's time to see it in person. Viewing a property in person is essential to get a real sense of the home, although some buyers make offers without seeing it first! Here's a pro tip: Before scheduling an appointment, drive by the property to get a sense of the surrounding area. Remember, you can always change the interior of a home, but you can't change the location.
Contract
After finding the perfect home, it's time to make an offer! It's crucial to consult with your agent on current market conditions. They have the expertise and are updated on market trends every day. Be inquisitive and ask important questions! What is the property's worth according to their assessment? Are there instances of over-asking price offers? What about seller-paid closing costs? Never hesitate to ask questions and ensure you're well-informed! Here's a Pro Tip: If you're a first-time homebuyer or haven't purchased a home in a while, request a first-time homebuyer meeting! The Black Diamond Group offers these to clients. It's a one-hour session where we go through the basics of home buying and equip buyers with the knowledge they need to confidently make a purchase.
Looking for a dream home?
Working with the Black Diamond Group to find your dream home offers a multitude of benefits. With their extensive listings, personalized approach, and expert guidance, they ensure that your specific needs and desires are met. Their strong network and attention to detail further enhance your chances of discovering a home that exceeds your expectations. With their excellent customer service, you can trust the Black Diamond Group to provide a supportive and enjoyable experience throughout your journey to finding your perfect home.