Are You Ready For Home Ownership?
At Help-U-Sell Full Service Realty, we make first time home ownership easy! Our agents are highly trained professionals who will guide you every step of the way. Buying your first home is exciting and a bit scary, but don’t worry, we have you covered. We have established partnerships with industry leaders who can help with any of your real estate needs. Our extensive resources make buying your first home a smooth and easy process.
Are you ready to buy?
If you have steady income, a decent (but not great) credit score and a little bit of money stashed away (or even if you don't!), it might be time to think about purchasing a home. Home ownership offers many financial benefits over renting, so start investing in yourself with the purchase of your first home.
How much can you afford?
The first step to home ownership is speaking with a reputable lender to find out what your ideal price range will be and what type of mortgage best fits your needs. We are happy to refer you to a professional mortgage lender if you need one. It is important to get pre-approved for your new home purchase so our agents can help you find the right home in the right price range. You’ll probably be asked by the lender to provide items such as recent tax returns, bank statements and current pay stubs, which will help the lender determine the amount and type of financing you will need. Once you are qualified for financing, it’s time to start looking for the perfect home.
What type of property interests you?
Our Help-U-Sell Full Service Realty's agents take the time to get to know you and your real estate needs. By asking all the right questions, they will find out what is important to you in a home. Your agent will be your home-finding partner and will make sure they understand what area you want to live, how many bedrooms and bathrooms you may need, what school district you would like to be in and all the other unlimited possibilities that add up to your perfect home.
Where do you begin?
When you are ready to get started it’s as easy as contacting us here. You will be paired with a 1st time homebuyer specialist. Your agent will discuss your real estate needs and establish a game plan to help get you started. Once you and your agent have determined your lending needs, price range and the type of homes you like, it's time to find your dream home. You can set up your own personal searches on our website here. Your agent will also set you up with an auto-search. This will send active listings of homes that meet your search criteria as they come on the market, directly to your email, in real-time.
Getting pre-qualified is a fairly easy process where you tell your bank or lender your overall financial situation – including assets, income, and debts – and the lender tells you what kind of terms you can expect in a mortgage. Pre-qualification may be useful for first-time home buyers who need help figuring out what to expect and what they can afford.
Getting pre-approved for a mortgage may seem like a lot of hassle before you have even found a home. But if you wait until you are ready to make an offer, it might be too late.
To get preapproved for your first mortgage, complete the loan application so the lender can review all credit and debt-to-income components of the application, giving you the okay to shop for a home up to a specified loan limit. Preapproval gives confidence to both you and the sellers that you are capable of completing the sale.
Find your dream home!
Once you pick out properties your Help-U-Sell Full Service Realty agent will schedule showings for you to view the homes. It usually takes anywhere from 20 - 60 minutes to look at a home, so plan accordingly, especially if you are seeing several houses. You’ll want to see inside and outside the home, check out the garage and the entire yard, so dress comfortably.
You’ve found the perfect home! Now what?
Your Help-U-Sell Full Service Realty agent will initiate an offer to purchase. The purchase agreement will list the name of the real estate agencies involved, the property address, the price you are offering, what type of financing you’ll be getting, a clause for a home inspection, a contingency for financing, as well as all the details that are necessary to complete the agreement. Your agent will make sure you have all the documents needed to make your offer. Once the offer is complete, your agent will contact the listing agent and negotiate the offer for you. The seller may accept the offer you have given, or they may write a counter-offer back to you. Once the negotiating of the offer is complete, you’ll be ready to move forward with the next steps!
The Home Inspection
After the purchase agreement is signed by all parties it will be time to schedule your home inspection. Your Help-U-Sell Full Service Realty agent can offer you the names of several inspection companies to choose from or you can choose your own. You will pay for your inspection and prices usually range from $200 - $500, depending on the size of the house and its amenities. Your agent will attend the inspection with you. The home inspector will check for signs of harmful materials like asbestos, lead paint and mold. They'll also check for evidence of pests, faulty wiring and leaks. This is a crucial part of the home purchase. For your protection get a home inspection!
The Mortgage Application/Appraisal
Once your home inspection is complete, it’s time to call your lender and officially apply for your loan. Remember to provide them with all the documents they ask for as quickly as you can. They will also order an appraisal on the home to make sure that the price you are paying is fair market value.
So you’ve done the inspection, applied for the loan and the appraisal has been ordered. Now comes the wait. The lender will be busy getting your loan papers ready, while waiting for the appraisal to be done. There are plenty of things going on behind the scenes to make your purchase a reality, even if it seems like nothing is happening! Now is a good time to start thinking of decorating ideas and landscape plans.
We have “clear to close!”. Those are the wonderful words you've been waiting to hear. They mean that every moving part in the home buying process is complete and you should be able to finalize your purchase within the next few days. Your Help-U-Sell Full Service Realty agent with let you know all the details of the closing process.
The final step of the closing process happens when the county records the transaction at the county recorders office. Once recording is official, you get the keys to your new home and you join the ranks of Help-U-Sell Full Service Realty's happy homeowners!
We coordinate and pay for your move, as well as offer the services of a free handyman. Help-U-Sell Full Service Realty also ensures that you have details regarding your guaranteed Home Warranty.
After You Move In
We guarantee your satisfaction. If you decide to sell the home you purchased within 12 months of the date you close, we will help you find a new one and sell your existing home for free!