Buyers Process

Looking for an agent in the Raleigh area? Find out more about our experience and how we can help you buy a home. We do a thorough buyer consultation with every buyer to discuss your needs.

Calculating Your Monthly Budget

Now that you know what loan options are available to you, what you can expect to pay as a down payment, and what your likely interest rates will be, it’s time to determine how much you can afford to pay every month, which will then be used to calculate the price range of your home.

Keep in mind that your mortgage costs will be based both on the price of the home and the CURRENT interest rates. A home’s affordability can vary from one day to the next based on the current rates.

Your Property Specific agent will discuss your wants, needs, must haves and negotiables. During this time, we will set you up on a search using the MLS, Multiple Listing Servies, which is the most accurate real time inventory of homes in your area. This search will update you when new homes with your criteria hit the market.

Ready to find your new home? Contact us today!

Remember to envision how each home fits your lifestyle and needs, as this will guide you in finding the perfect place to call home. It might also be helpful to drive by the home and through the neighborhood to get a ‘feel’ for the home. Enjoy the experience!

Be prepared for negotiations; it’s common for sellers to counteroffer. Stay flexible and keep communication open with your agent to ensure a smooth process. With the right strategy, you’ll be one step closer to making that house your new home!

Due Diligence Period. This is time for you to fully investigate the house and property. During this time your agent will recommend getting a home inspection and any additional inspections or testing that might be applicable. A Home Inspection carefully reviews the home and searches for any defects. An inspector will review the electrical, plumbing, roof and overall structure of the home and more to ensure that there aren’t any major problems.

Other inspections your agent may suggest you get would be a termite inspection, radon, septic and well or water test.

Your lender will almost always require a property appraisal when approving a home loan. This process determines the property’s value and ensures you’re not overpaying of the home, and it is the bank protecting their investment.

Once everything has been processed you will receive the Closing Disclosure which will have the necessary funds for closing costs and down payment. These funds will need to be wired to the closing attorney.

Once everything has been officially recorded, ownership has been transferred, and the home is yours!

Time to Celebrate!