Welcome to the Home Buying Process

Purchasing a home that meets your needs is a significant and often stressful time, and our goal is to make the transition as smooth as possible. We anticipate that you will trust us as experts in the area to guide you through the process.

 

Steps to Buying a Home:

  1. Pre-Approval: Meet with a reputable lender to apply for a loan. Your lender will determine how much you can afford to pay for a home, and then issue you a written commitment. Your pre-approval commitment will make you appear serious and competitive to sellers while writing offers...Learn More

  2. Determine Needs vs Wants: Make 2 lists. The first list should include criteria you must have i.e. the number of bedrooms you need for the size of your family, or a one-story home for accessibility. The second list is the criteria you would love to have on top of your needs i.e. a pool or additional family room...Learn More 

  3. Hire a Professional to Represent You: Hire a real estate professional who is working for you, the buyer, and advocating for your best interests. In Pennsylvania, buyer representation is a right, and is paid for by the seller of a home. Keep in mind that the agent listing a home is representing the seller and is advocating for their best interest, not yours.

  4. Make an Offer: Work with your agent to draft a competitive offer on the property you want. They will deliver the offer to the listing agent or sellers and negotiate on your behalf until you and the sellers have reached an agreement. You will both sign the final offer to ratify the contract, and that will open the Escrow (or closing) process...Learn More

  5. Close on the Home: The escrow process is the last step in buying a home. During this period, an independent third party (called a settlement company, escrow company, or title company) will take over management and coordination. Their job is to ensure the title to the home is transferable and that the sellers actually own the property, there are no outstanding judgements or liens against the property, and that you are 100% able to purchase (either through cash or a lender)...Learn More

 

Pro tips: 

  1. Keep the following things in a convenient location to assist you in maximizing your home search efforts: detailed maps with your areas of interest highlighted, a list or file of the properties that your agent has shown to you, paper and pen for taking notes as you search, a camera to snap pictures of homes you have toured to help you remember your favorites and features you really liked

  2. Visualize the house empty & with your decor: are the rooms laid out to fit your needs? Is there enough light?

  3. Be objective: Instead of thinking with your heart when you find a home, think with your head. Does this home really meet your needs? There are many houses on the market, so don't make a hurried decision that you may regret later

  4. Be thorough: a few extra dollars well-spent now may save you big expenses in the long run: a full inspection, including radon test, appraisal (usually mandatory from a lender), final walk-through on closing day

  5. Clarify in the contract which items will stay, and which the seller is taking (commonly called the Inclusions & Exclusions Addendum or Clause): you don’t want any surprises on closing day when a nice chandelier that you assumed came with the sale was replaced by a cheap ceiling light

 

Buying a home may seem rather overwhelming. That is why we recommend trusting a professional to represent you and keep track of all the details for you!