It’s National Home Buying Month so it only makes sense for us to review the home buying process. For many would be home buyers, the excitement builds so high in anticipation of purchasing your home that you may jump over some of the important aspects needed before you begin your search. We’ll outline those here, so you are sure to have success in not only finding your perfect home but securing it as well.

  1. Finding the best Real Estate Agent/Team for you. Partnering with a strong, knowledgeable local real estate agent/team who understands your personal situation and needs and has a strong team of individuals and resources at their disposal to help provide all the tools necessary to secure your perfect home is essential in the home buying process. At the Sandi Pressley Team we have ALL those and more. Our relationships in the community, with lenders, attorneys, home inspectors, contractors, etc, allow us to provide you with all the individuals necessary to make your dream home a reality while leveraging our substantial real estate experience and expertise.
  2. Getting Pre-Approved for your Home Loan. This is critical in the market today. Not only will the lender let you know how much you are able to afford, but the pre-approval will also let the seller know you are serious about purchasing their home and consider your offer seriously. Buyers not pre-approved will often not have their offers considered, as pre-approved buyers have the upper hand. This can cause you to lose out on the home of your dreams. Remember, you don’t want to make ANY large purchases, or make changes to your financial picture during the home buying process.
  3. Start looking at homes that meet your requirements with your real estate agent!  This is such a fun and exciting time. Make sure your list of wants and needs is clearly defined. You’ll also want to have a list of what you may be willing to forego if you find a home that meets most of your needs.
  4. Making an offer on the perfect home. Your real estate agent/team is your fiduciary and will help you craft the optimum offer based on your personal situation, the home price, market conditions and more.  Once accepted, you’ll move into the due diligence phase
  5. Due diligence. This is the phase where you’ll have your inspections and have ample time to remove any contingencies that were placed on the offer you placed. Usually this includes the Home Inspections, Appraisal, and gaining home insurance on the property.
  6. After this date you will receive the final mortgage approval.
  7. Next is the final walk-through of the home you are purchasing. This is done to verify that the condition of the home hasn’t changed and that all repairs and updates have been completed accordingly. This normally takes place 24 hours prior to closing.
  8. CLOSING!!! You get the keys to your new home. CONGRATULATIONS!!

Purchasing a home, whether it’s your first or last, is such an exciting time. And whether you’re a seasoned pro or first-timer, questions always arise. Put our team’s knowledge to work for you. Our vast array of resources is second to none and we’re here to assist you at every step. Ready to MAKE A MOVE?  Contact us today.

 

HOT PROPERTY OF THE WEEK!


916 LOS PADRES PLACE SE, ALBUQUERQUE, NM

Welcome to the desirable community of Willow Wood. Pride of ownership shows how well the home has been cared for throughout. Wonderful open floor plan, flooded w/natural light. The kitchen & heartbeat of the home is a true gathering place w/breakfast nook, stainless appliances, ample cabinets, countertops & oversized pantry w/extra storage, opens to the great room featuring a Fireplace and soaring ceilings. Step outside to enjoy the lush, colorful yard full of mature plantings w/drip system. Upstairs, enjoy the oversized Primary bedroom w/a walkout balcony. 3 more spacious bdrms & 2nd full bath. Additional amenities, features water softener, lots of storage, pad and electric to add a hot tub. Conveniently located near Kirtland AFB, Sandia Labs, shopping, Foothills, trails, & I40.


GET YOUR MORNING INSPIRATION WITH THE Sandi Pressley TEAM!