Step 1.   Start searching for a home-

You've probaly already been using the internet to search for homes. You will find many websites that help you see what is on the market but what these websites cannot offer is the hands on experience. This is where a real estate agent comes into play. Washington has different markets in different areas and an experienced agent will help you determine if the market is right for you. Agents also have access the Northwest Multiple Listings, this where all the other sites get their information from. As a member of the NWMLS we are able to get you the latest information, status, and history of the home you are interested in.

Step 2.  Determine how much home you can afford

Are you ready to buy a home? If you have saved money for a down payment and you anticpate living in that home or condo for three to five years, the answer could be yes. As a certified financial counselor I can help you determine this, sometimes buying a home won't be the best choice at that point in time. Go to www.nwfinancialnav.blogspot.com for information on this service.

Step 3.  Shop for a loan

There are many great programs for first time home buyers, including downpayment assistance programs. If you are a move up buyer or investor the interest rates are still looking good and now is a great time to get move up or invest for the long term. If you do not know any good mortgage brokers, I have a team of brokers that I work with that trust worthy and honest.

Step 4. Decide on a home and make an offer

This is where your agent will really help you through the process and negotiating. By doing the research ahead time, like property history, comparative sales in the neighborhood, how much you can afford, and being pre-qualified you will be in the driver seat in this market as a buyer. 

Step 5.  Getting the home inspected

After you have found the home you are looking and made an offer on the home that the seller has agreed upon you will then have an opportunity to have an inspection the home. This is very important, with this inspection you will be able to see what faults or potential faults this might have, after the inspection there will another time of negotiating with the seller, again this is where your agent will be working on your behalf!!

Step 6.  Shop for homeowners insurance

Lenders require homeowners insurance to cover the collateral for the loan (the home). Shop around as you would for any insurance coverage, your agent will also be able to help you with this process, as I have a team of insurance agents that use.

Step 7.  Complete the transaction and move in

There will many other contingentcies built into your offer, like financing, title, well addendum, septic addendum, neighborhood review, homeowners insurance, and others that as a buyer will give the opportunity to do your homework to make sure this is the right home for you. Again your agent will be a huge help in all this.  

These are just some the steps in the process of buying a home. The most important step is finding a real estate agent that is comprehensive in all these steps and more. one that is willing to take the time to listen to your wants and needs and use their expertise to get you results. I am that type of agent!!