Aerial View of a Suburb

Home Buyer's

Guide & Tools

Read tips for buying a house

 

1. PREPARE FINANCES

Save

  • However you decide to finance your home, it’s important to start with healthy savings

  • Savings are needed for a down payment as well to cover unforeseen problems, or repairs

  • Savings translates into more flexibility from lenders on factors like earnings and credit Improve your credit score

  • The better your credit score the lower your payments will be

  • Months prior to buying, boost your score by settling debts; refrain from new credit, closing accounts and major purchases Prepare your financials

  • Make sure your taxes are filed

  • Ensure a paper trail exists for all major transactions for the past year

2. HIRE UNIT REALTY GROUP BUYERS AGENT

With all the raw real estate data online it’s tempting to think that you can buy on your own. Here’s why you should hire a Sunny Lee agent:

  • Local market expertise

  • Professional negotiation skills

  • Law and contract knowledge

  • Preferred partner network

3. GET PRE-APPROVED

 

  •  Having prepared your finances, get a lender’s pre-approval which is the complete measure of the home you can afford

  • A pre-approval positions you to make a quick and serious offer when the time is right

  • A mortgage pre-approval gives you a strong foundation for your home search and will keep you realistic about your options

4. START HOME SEARCH Sign up for www.sunnylee.realtor saved searches + email alerts

  • www.sunnylee.realtoris updated throughout the day so you’ll always get the most up-to-date information about homes that fit your search criteria

5.TOUR HOMES AND ATTEND OPEN HOUSES

  • Contact your agent anytime a property of interest comes on the market to schedule a showing

  • Get open house info city-wide on www.sunnylee.realtor

6. GET READY, GET SET ...

  • If you haven’t already put your current home on the market, be ready to do it quickly

  • If you rent, be prepared to break your lease, or move to a monthto-month agreement

7. RENEW MORTGAGE PRE-APPROVAL

  • Most mortgage pre-approvals are good for 60 to 90 days, if your search goes beyond that, have it updated

8. RESEARCH / MAKE AN OFFERTO BUY

  • Your agent will help with your bid so you come out on top

9.NEGOTIATEOFFERTOBUY/ACCEPTANCE

  • Schedule a professional home inspection

  • Your agent will help manage the offer process and work in concert with the sellers agent, your lender and attorney

10.WHAT’S NEXT?

  • Lender’s appraisal

  • Title search is completed

  • Mortgage is approved

  • Bank issues mortgage commitment letter

 

 

 

11. SCHEDULE MOVE

  • Contact movers

  • Contact building management, or HOA for procedure if applicable

12. CONTACT UTILITIES Establish service for gas, electric, cable, phone, etc.

 

  • Set appointments for utilities after the established closing date

13. CLOSING DAY Final walk through

  • The final walk-through gives home buyers a last opportunity to inspect a property before closing on the sale Attend closing

  • Bring payment for any overages

  • Close the loan, transfer title and take ownership

  • Receive contact information for home owners association (HOA)

  • Get keys and celebrate your success

More...

Check the reports that you want to get to your mailbox :

Find Us There

Fremont : 510) 688-0580

San Jose : 408) 556-0805

3777  Stevens Creek Blvd

Suite 350 Santa Clara, CA95051

office : 408) 557 - 8300

Our office

The real estate data for listings marked with this icon comes from the Internet Data Exchange program of the MLSListings(TM) MLS system. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. The accuracy of all information, regardless of source, including but not limited to square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with appropriate professionals. This site is updated at least 4 times a day.

Copyright © MLSListings Inc. 2020. All rights reserved

© 2020 sunnylee.realtor.  All rights reserved.