Ten Steps to Buying a Home

Buying a home is probably the biggest financial commitment you’ll ever make. But buying a home isn’t just a dollars-and-cents investment – it’s an investment in your life. To assist you in the process, Edina Realty has all the home buying products and services you need. And best of all, we’ll be with you every step of the way.


Choose a REALTOR®

A REALTOR® can assist you in the homebuying process. To ensure it is someone you respect and trust, get referrals of names from friends and family. 


Refine your focus

Detailing your housing needs, wants and budget will be helpful for both you and your Realtor. Ask your agent for worksheets or online tools to help narrow down your choices. 


Make an offer

If you know you’ve found the right property, you may need to act fast depending on market conditions. Trust your Realtor to prepare and present your offer to the seller in the best possible light. 


Get an inspection

This is your best chance to have your property’s systems and structure evaluated. An experienced professional is worth every penny. And you may want to add a home warranty to cover appliances and systems that could break down up to a year after you close. 


Funds due at closing

For your security, Edina Realty Title recommends a cashier’s check as the method of payment for funds necessary at closing. Edina Realty Title will send closing information within your personal closing site.


Get pre-approved

Meet with a mortgage consultant and get pre-approved for a loan. Ask your Realtor to recommend a loan officer or contact Edina Realty Mortgage for the mortgage consultant nearest you. 


View properties

Start your home search on edinarealty.com. Once you find homes that meet your criteria, tour several of them in person so you can be comfortable with what’s on the market. Then make your selection. 


Negotiate terms

Counteroffers are common in real estate. Be prepared to be a little flexible on price, closing date, appliances or repairs. 


Do a walkthrough

Shortly before closing, do a final walkthrough of the house to make sure everything you thought was included in the purchase agreement has remained on the property.  



At closing you will review and sign the relevant closing papers that will be notarized by your closer, the keys are passed to you and the house is yours!