Ready to buy your first home in 2022? Sound and Harbor Homes specializes in helping first-time home buyers like you find their dream property in Gig Harbor.
Before you start searching for homes online, it’s important to take it step by step
Step One: Get pre-approved for a mortgage.
Your pre-approval will tell you what you can afford and what your monthly payment will be, so it’s important to determine this before you start searching for your new home.
Pre-approval is good for about 30-90 days, so once you’re ready, take these first 3 steps to get it done.
- Contact me, and I’ll send over a list of lenders I know and trust.
- Look over the list, check out online reviews, and ask friends and family for referrals.
- Email 2-3 lenders you like or let me introduce you over email. (Tip: It’s smart to work with a local lender who has a great track record)
Once you’ve got your pre-approval letter in hand, it’s time to start the search!
Step Two: Before we hop into the home search, I like to advise my clients to create a “Needs” list and a “Wants” list. This will help us to really focus on the things that are most important in your future home.
Needs are the non-negotiable features; the features you simply must have in your next home. Wants are the ones you’d like to have, but you can add or change down the road. Remember, you can’t change the lot or the location so make sure you love both.
Step Three: Once you’ve established what you’re looking for, I will set you up on a search so you can receive an email the second a home that fits your criteria goes live. If you have any questions about a property, send me the information and I will find out for you. Send me listings you like, and I can get more information and set up showings on your behalf.
Step Four: After touring houses and choosing the one you love, it’s time to make an offer. To do this, you’ll need your pre-approval letter or proof of funds. You’ll also need to make an escrow deposit of at least 1-2% (some go up to 5%) of the purchase price. This will go towards your closing costs at closing.
Have more questions about buying a home or what happens after making an offer? Reach out to me today!