17.4 - Buying a House: A First-Time Homebuyers Perspective...

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Buying a House: A First-Time Homebuyer’s Perspective
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The Process 1. Taking the First Steps 2. Choosing a Real Estate Agent 3. Searching for Your Dream Home 4. Narrowing Your Options 5. Making an Offer 6. Negotiations 7. Fulfilling Your Conditions 8. Finding a Home Inspector 9. Choosing a Mortgage Broker/Bank 10. Your Mortgage 11. Selecting a Lawyer 12. Meeting Your Closing Costs 13. Waiting for the Close 14. Key Things to Consider
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Taking the First Steps – Questions to Ask Yourself Are you ready to buy? Things to consider – rent, income, expenses Saving for your downpayment and closing costs Getting ‘pre-qualified’ When is a good time to buy? Market, seasonal, and personal considerations What am I looking for? Single-family, town-house, condo Where should I look? Location preferences – job, family, personal situation
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Choosing a Real Estate Agent Why you need one Paperwork Negotiations Advice!!! What they do Private house showings Make/negotiate an offer Give recommendations and advice How to choose Personal referrals are best!!! Internet/local signage
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Searching for Your Dream Home MLS and Grapevine Open houses Private showings
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Narrowing Your Options Role of your agent Selecting open houses/private showings
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17.4 - Buying a House: A First-Time Homebuyers Perspective...

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