Terri Shayne Misek
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1. Get Prequalified and Preapproved For Credit For Your Mortgage

Before you start looking for a home, you will need to know how much you can actually spend.The best way is to get prequalified for a mortgage. To get prequalified, you just need to provide information to a mortgage specialist. The mortgage specialist will review your income and the amount of savings and investments you have. The mortgage specialist will review this information and  then tell you how much they can lend, and write you a preapproval letter.

2. Find the Right Real Estate Agent

Real Estate agents are important partners when you're buying or selling a home. Terri can provide you with helpful information on homes and neighborhoods that isn't easily accessible to the public. Terri's knowledge of the home buying process, negotiating skills, and the familiarity with the area you want to live in can be extremely valuable. And best of all, it doesn't cost you anything to use Terri. Terri is compensated from the commission paid by the seller of the house.

3. Shop For Your Home and Make in Offer

Terri will take you to tour homes in your price range. It might be helpful to takes notes. on all of the homes that you visit. Take as much time as you need to find a home. Terri will work with you to negotiate a fair offer based on the value of comparable homes in the same neighborhood. Once you and the seller have reached agreement of price, the house will go into escrow, which is the period of time it takes to complete all of the remaining steps in the home buying process.

4. Get a Home Inspection

Typically, purchase offers are contingent on a home inspection of the property to check for signs of structural damage or things that may need fixing. Terri will help you arrange to have this inspection conducted within a few days of your offer being accepted by the seller. This contingency protects you be giving you a chance to negotiate your offer or withdraw it without penalty if the inspection reveals significant material damage.

5. Have the Home Appraised

The Mortgage Specialist will arrange for an appraiser to provide an independent estimate of the value of the house you are buying. The appraiser is a member of a third party company and is not directly associated with the mortgage specialist. The appraiser will let all parties involved know that you are paying a fair price for the home.

6. Closing Day

At closing, you will sign all of the paperwork required to complete the purchase.. Once the loan is funded by the lender, you are ready to move into your new home!

For more information on Buying, Visit the Buying Guide.

For help finding the house that's right for you, Contact Terri.

Ready to get started? Just have questions?
Give me a call at 321-356-6991
E-mail me now: Terri@TerriSellsOrlandoHomes.com

For more information,
Please visit http://www.seniorrealestatefl.com

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