The Path to Your New Home
Step 1: Choose a realtor to assist you in the home buying process.
Tip: Make sure it is someone you respect and trust.
Step 2: Meet with a mortgage loan officer and get pre-approved for a loan.
Tip: Ask your REALTORŪ to recommend a loan officer for you or you can contact Edina Realty Mortgage loan officer directly.
Step 3: Specify your wants, needs and budget.
Tip: It helps to focus your search on a few neighborhoods.
Step 4: View properties that meet your criteria.
Tip: You'll probably want to see enough homes to feel comfortable making a decision.
Step 5: You found it!
Tip: If you know it's right, be prepared to act fast.
Step 6: Make an initial offer to purchase.
Tip: Trust your REALTORŪ to prepare and present your offer to the seller in the best possible light.
Step 7: Negotiate terms.
Tip: Counter offers are common. Be prepared to be a little flexible on price, closing date, appliances or repairs.
Step 8: Arrange for a professional home inspection and warranty.
Tip: This is your best chance to carefully evaluate the property's systems and structure.
An experienced, outside professional is worth every penny.
Step 9: Shortly before closing, do a final walk-through of the house.
Tip: Make sure that everything you thought was included in the purchase agreement remains on the property.
Step 10: Close on the property.
Tip: Your closer, REALTORŪ and loan officer will walk you through the process.
Step 11: Move in!
Tip: Use a checklist to plan your move so you don't forget anything.
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