The Home Buying Process

Buying a home is a huge decision

It can be one of the most rewarding and one of the most stressful experiences a person can have. Navigating the tricky waters of buying a home is no easy task. But a good real estate agent can help. The home buying process will take the following steps:

1

Meet With A Real Estate Professional

Discuss the type of home you are looking for, including the style, price, and location. As the home buyer, your agent's commission is paid by the seller of the home in almost all circumstances. This means your representation costs you nothing
2

Get Pre-Approved

You will need your pay stubs, w2's and bank statements. Knowing what you can afford is critical to a successful home shopping experience.
3

Search For Homes

The fun part! Your agent will schedule showings and help you find the perfect home. Not all real websites are the same. Felicia Tausig has tools and systems to ensure you see every available home that meets your criteria.
4

Make An Offer

Your agent will prepare the offer based on the price and terms you choose.
5

Negotiation and Contract

It may take a few tries to get it just right, but hang in there, You're on your way! In Most cases, the contract provides you with a timeline to obtain financing, as well as time to inspect the physical condition of the home. Your reals estate professional will inform you of all your rights ad responsibilities related to the contract.
6

In Escrow

You and the seller have agreed to the price and terms. The home is effectively held for you until closing.
7

Final Details

Perform due diligence, order appraisal, conduct an inspection and review terms with the lender.
8

Closing

This is the transfer of the funds and ownership. A title company or an attorney typically acts as an independent third party to facilitate the closing.
Search For Homes

Connect with Felicia

Ready to Buy?
661-510-5186