So, you want to buy a house—now what? The first time buying a home is an emotional, exciting, and also exhausting experience. You may also be wondering along the way—what am I missing? This is a common question. Here’s how the buying process works from start to finish at REMINGO.
Do some preliminary online searching
Check into what homes are selling for in the areas you’re interested in to give you an idea of what you’re looking for. This will help later on when communicating your wish list with your real estate Broker.
Take care of the budget
Use an online mortgage calculator to determine what your monthly mortgage payment would be if you were to purchase one of these homes you’ve found online. Make some additional estimates for utilities and see if this fits into your budget.
Talk with a REMINGO Broker
Call 303-900-3035 to talk to one of our trusted real estate Brokers. They will help you navigate the process every step of the way.
Look at homes
Be patient at this stage. Your real estate Broker may show you a variety of homes to get your reaction on features they think you’ll like. Give your Broker detailed feedback so they can show you homes that are perfectly suited to you. Sometimes, this process can take weeks or months—So be patient. Also, make sure you let friends and family know you’re looking for a new home--you may even find out about an amazing home before it hits the market.
Make an offer
Once you’ve found your dream nest, you may want to move quickly. Your Broker will guide you on a reasonable first offer to start negotiations based on market conditions. Also, make sure you consider closing costs which could account for 2-5% of the home price.
When your negotiations with the seller are successful, and the inspection came back clean, you should be ready to close. At your closing, you’ll spend a little over an hour signing lots of paperwork and then will be handed the keys.