The Buying Process

Now that you know what you're looking for, the next step is figuring out what type of home you can afford. A review of your income, savings, monthly expenses, and debt will be necessary.

Early on in the process, you'll want to get pre-qualified for a mortgage loan, which helps determine how much you can afford. It enables you to move swiftly when you find the right home, especially when there are other interested.

Buying a new home and selling an existing home at the same time has it's own set of difficulties. But with planning, you can ensure everything goes smoothly.

Before putting your house on the market or committing to buying a new one, take a look at the prices of houses in the areas where you'll be both selling and buying. You'll need a realistic idea of how much similar houses are going for.

Buying a home is one of the most important decisions you will make. That's why it's in your best interest to choose an experienced real estate agent who listens to and understands your needs, and works in the area where you want to live. When you choose a Zid Realty agent, you're dealing with an experienced professional who understands

Unless you have enough money to pay for a house yourself, you'll need a mortgage loan. A mortgage is a loan you take out to finance the purchase of your home. It is also a legal contract stating that you promise to make a monthly payment until your loan is paid off.

 Home Inspections

This is a major step in the buying process and there are many potential problems that can be discovered during this period.  These include a leaky roof, radon gas, termite damage, a foundation problem, and wall cracks, to name a few.  These problems happen all the time.  The difference between closing on your dream home and starting the process all over again is what occurs during the negotiations between you and the seller.