The home buying process requires making many important financial decisions, understanding complex issues and completing a lot of paperwork. Because of this it helps to have an expert in your corner when undertaking such a large purchase. As your real estate agent, it is my job to not only guide you through the process, but make sure this complex process runs as smooth as possible. Below are three steps to start you on the right foot as you begin your search for your dream home.
Take a couple of minutes and answer these questions. Think to yourself:
Why do I want to buy?
Has my income grown?
Can I afford to buy?
Then make two lists. One list includes items you must have (i.e., number of bedrooms, yard…) and the other is your wishes, things you would like to have (i.e., pool, den, layout…) but that are not absolutely necessary.
The next step is to get your financials in order.
Meet with a mortgage banker and find out how much you can afford to pay for a home.
Check your credit rating.
Build a “green file” – a file containing all of your important financial documents. Typical green files should contain: financial statements, bank accounts, investments, credit card statements, auto loans, recent pay stubs, and tax returns for the past two years.
Now it is time to actually start your search. I’ve found that the best way to get to know the vibe of a neighborhood is to visit.
Take a quick drive through the neighborhood
Talk to the neighbors
Visit during the day and night, on a weekday and weekend
Eat in a local restaurant
Check out the local newspaper and the neighborhood blog
Home Buying Process
Buyers and sellers receive a personalized and unparalleled level of service. Each property is researched with the latest sales and marketing data to target the most qualified potential buyers. The listing approach is uniquely catered to the seller’s needs when anonymity and discretion are required, delivering marketing exclusively to our private network.
Michele is dedicated to providing her clients with a full-service real estate experience. This one-of-a kind exclusive network provides referrals from house cleaning to private jet and luxury car rentals as well as access to elite designer, personal chefs, contraactors and celebrity hairstylists for your memorable evening in Los Angeles.
Sotheby’s International Realty is the foremost purveyor of luxury property and closes over $100 billion (USD) in luxury sales annually. We are able to reach 60 million buyers and investors across a vast network of trusted international websites in more than 50 countries, with key coverage in Asia, Europe, North and South America.