Owning a home can provide a lot of benefits – from tax advantages to building equity. The path to homeownership though can be overwhelming for first-time homebuyers. Many people don’t even know where to begin. The good news, we have a simple and easy roadmap to help guide you along your journey. And rest assured, you will have a real estate professional and a mortgage specialist guiding you every step of the way.
Find a Real Estate Agent
Speaking of real estate professionals, this is your first stop on our road map. Contact a local real estate agent to help you begin the homebuying process.
Get Pre-Approved*
Knowing what you can afford and getting pre-approved will give you a competitive edge when you go to make an offer. Be sure to discuss your potential down payment and the loan options available to you.
Search for Homes
Work with your agent to find a home you can afford and meets the needs of you and your family.
Make an Offer
When you find that perfect home, prepare and negotiate an offer based on the price you are willing to pay.
Home Inspection
Have the home inspected for any hidden issues that need to be addressed with the seller before you purchase the home.
Home Appraisal
Ensure the property is worth the price you are willing to pay.
Closing
You are almost there! During closing, paperwork is signed that transfers ownership of the home from the seller to you. You will also pay any closing costs and fees.
Move-In
Congratulations! You are a new homeowner. Time to pack up and move into your new home.
Reminder, not every buyer’s journey is the same. Your real estate agent and your mortgage specialist will work with you to help avoid any roadblocks.
Ready to hit the gas on your homebuying adventure? Give an Axia Mortgage Specialist a call today!
*Pre-approval is not a commitment to lend.
Equal Housing Opportunity. Axia Home Loans is a registered tradename of Axia Financial, LLC. NMLS 27830.