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Five steps to purchasing a home in todays market

March 02,2023 | Posted By Daniel Sandoval in Buying
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  1. Determine your budget and get pre-approved for a mortgage: Before starting your home search, you should determine how much you can afford to spend on a home. This will help you narrow down your search and avoid wasting time looking at homes that are out of your price range. It's also important to get pre-approved for a mortgage, so you know exactly how much you can borrow from a lender.

  2. Find a real estate agent: A good real estate agent can help you find properties that match your criteria and negotiate a fair price on your behalf. Look for an agent who has experience in your desired location and can help you navigate the current market conditions.

  3. Start your home search: Once you've determined your budget and found a real estate agent, you can start looking at homes. It's important to be patient and flexible, as the current market conditions can be competitive and homes may sell quickly.

  4. Make an offer: When you find a home that you like, your real estate agent can help you make an offer. This will involve submitting a written offer to the seller, along with any contingencies or conditions that you would like included in the sale.

  5. Close on the home: If the seller accepts your offer, you'll need to go through the closing process to finalize the sale. This will involve a variety of tasks, such as getting a home inspection, securing financing, and signing the final paperwork. Once everything is in order, you'll be able to take possession of your new home.

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