10 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.
1.
Choose a REALTOR®
As your Realtors®, we assist you in the home buying process. We work to earn your respect and trust, and we are happy to provide a list of some past and present clients to reach out to.
3.
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.
5.
Make an offer
If you know you’ve found the right property, you may need to act fast depending on market conditions. We prepare and present your offer to the seller in the best possible light.
7.
Get an inspection
This is a chance to have the 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.
9.
Funds due at closing
For your security, we recommend 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.
2.
Get pre-approved
Meet with a mortgage consultant and get pre-approved for a loan. We have a few loan officers that we recommend, or contact Edina Realty Mortgage for the mortgage consultant nearest you.
4.
View properties
Start your home search on edinarealty.com. Once you find homes that meet your criteria, we will tour several them in person so you can be comfortable with what’s on the market. Then make your selection.
6.
Negotiate terms
Counteroffers are common in real estate, and we consult with you and help you navigate price, closing date, potential repairs, and more.
8.
Do a walkthrough
Shortly before closing, we will do a final walkthrough of the house to make sure everything you thought was included in the purchase agreement has remained on the property.
10.
Close
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!