South Windsor Homes For Sale - Guide to Buying a Home in South Windsor for the First Time Buyer
Buying a home for the first time can seem like an overwhelming task. You're making the biggest financial decision of your life, and there are many things to consider. It helpful to understand the process from start to finish. In this article, I'll walk you through the entire process of buying a South Windsor Homes For Sale so that your entire home buying experience will go more smoothly.
Step #1 - Getting Your Mortgage Pre-Approved
As we both know, lenders aren't nearly as permitting as they used to be. It's important to understand your mortgage options before you go looking at South Windsor Homes For Sale. You want to make sure your eyes fit your wallet.
I will want to find out about your income, money you have available to put down, what your credit is like. We will talk about what you feel comfortable spending each month on your home. Based on all of the information I collect I'll let you know what options are available to you and what the best option is to finance your first home.
Step #2 - Finding a Home You Like
There are lots of South Windsor Homes For Sale so the next step in the process is to find a home that appeals to you. Make sure you see several houses before you make your decision, so that you know what the options are. You may find you need just a little more house to get what you want and you may find a little less will do just find as well and save you money.
Step #3 - The Offer and Negotiation Process
Crafting a good offer is vitally important. It's important to work with a real estate agent who understands how to choose contingencies, clauses, the right amount to offer and good negotiation strategies. I'll be glad to refer you to a great real estate agent in South Windsor to help you finding South Windsor Homes For Sale.
Once you've made your offer, the seller will usually make a counter offer. It's rare that the seller will accept your offer up front. Once you both come to an agreement on the price and terms, the contract becomes binding.
Step #4 - Completing the Home Purchase
Once the contract has been agreed on, then you must complete the home inspection and the seller will make any necessary repairs.
Then your loan will be finalized with your loan officer (ask about FHA Mortgage Loans). Finally, the closing is where all the documents are signed, the deed and title are signed over, the seller is paid and the keys are handed over. You are now a happy home owner!
In brief, that is what the home buying process looks like for South Windsor Homes For Sale. Please feel free to contact me with any of your real estate or mortgage related questions and I will be more than glad to answer your questions. Call me on my cell at 860-306-8029.
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If you or someone you know is thinking of buying or selling property in Connecticut or is looking to refinance their home in Connecticut -Please give Jon Sigler, Mortgage Banker (NMLS#119288) a call at 860-306-8029. Be sure to check out Jon's website Embrace Home Loans and his blog.
As quoted in the New York Times "A Little-Known Loan Program", and in the Hartford Courant "Moving In:Couple Combining Households Buys In Newington" and "Moving In... New Britain"
Connecticut Magazine 2013, 2014, 2015 Five Star Mortgage Professional Award Recipient
This is not an offer or commitment to lend. Articles, information and commentary are offered for informational purposes only, and should not to be relied on as legal, tax or financial advice. Consumers should retain their own legal, tax and financial professionals for such advice.