1. Choose a Realtor

 Identify a Realtor or real estate team whom you would like to work with through the home buying process. This agent or team should have vast  knowledgeable about the neighborhoods you are considering, as well as home values, and should be someone whom you can trust to advise you. 

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2. Get Pre-Qualified

Before beginning your search, your most important first step is to speak with a mortgage broker and get pre-approved for a loan (unless you will be paying all cash). Based on your income and credit history, the mortgage broker will determine how much the bank will lend you, which will help you determine the price range for your search. Your Realtor can provide you with recommendations for lenders.

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3. What will your new home look like?

Sit down with your Realtor to discuss your perfect home. For example: What are your favorite neighborhoods? Do you have a preferred school district? What is your ideal home size? How many bedrooms and baths? Square footage? Ideal floor plan?

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4. Visit Properties

Your Realtor will schedule private showings for you to preview properties along with keeping you updated on any upcoming open houses that may be of interest.

5. You Found The Perfect Property!

It's time to sit down with your Realtor to make an offer. Your Realtor will help you evaluate the property’s value and discuss terms in order to put your best foot forward when submitting your offer.

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6. Negotiate

 Now it's time to reach an agreement with the Seller on price and terms. If your offer is lower than list price, or the Seller has multiple offers, then the Seller will likely return with a “counter offer” for price and/or terms. You can choose to accept, reject, or make another counter offer. Your Realtor will provide advice on pricing, terms and negotiating strategy throughout.

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7. Complete The Loan Application

Loan Processing will likely take 30-45 days. 

8. Review Seller and Property Disclosures

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9. Inspect and Investigate 

It is the duty of the Buyer to determine the condition of the property. This is done by hiring local home inspectors, pest inspectors, roof inspectors and more. Your Realtor will be present during all inspections in order to carefully guide you through this process, making sure all of your questions have been answered about the property. 

10. Release Inspection Contingency

Negotiate credits/repairs with the Seller, if any, and release inspection contingency.

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11. Secure Loan Approval

Release loan contingency.

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12. Perform Final Walkthrough With Realtor

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13. Closing

Congratulations! You are now a homeowner in on of the most beautiful cities in the world!

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