Want To Purchase?
Steps to Buying a Home
Meet with your agent to define the areas of town, specific property details, commute times, amenities that are important, school districts and any other details that you find important to your way of life for you and your family. Your agent will review all details and create a timeline for your purchase.
Defining Your Budget
Getting pre-approved initiates the mortgage process with a lender and tells you how much you can borrow. It also allows you to move faster when you’re ready to make an offer and shows the seller you are serious about your offer which in turn can be a strong negotiating factor when purchasing in a strong market.
Selecting The Right Agent
Choosing the right real estate agent can be the key to finding the right home and getting the best deal. All of our agents at The Haley Garcia Group know the Houston market well. They also know the details of the niche markets and how to guide you to the right home. We all live, work and play in Houston and surrounding communities and we will match you with an agent who specializes in your target area to best represent you.
Making An Offer
Work with your real estate agent to make an offer. Discuss your offer strategy with your agent: Is the home priced fairly? Have you reviewed the comparable sales? What will make your offer stand out? Are there multiple offers? What's most important to you? Your agent will guide you based on these factors to get you the best deal.
Inspections and Appraisal
After the contract is executed your agent will assist you in scheduling all inspections then review all reports with you. During your option period you will have the opportunity to negotiate needed repairs with the seller. Once inspection negotiations are complete your lender will order the appraisal. Once the appraiser confirms the value of the property meets or exceeds your contract price you are on your way to closing!
As we prepare for closing you will review your closing statement with your lender and your agent. You will have a final walk through of the home before signing and then upon funding of your loan after all parties have signed the keys are yours. You can begin to move in as soon as this happens. Congratulations on your new home!
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate.