We’re here to offer you as much help as you need during your buying process. We have put together a buyer’s guide to make your buying process as simple and easy as possible. This is an exciting time for you and it should be stress-free.
Step 1: Getting Started
Purchasing a home is an emotional and financial investment that requires support and a team of experienced and reliable professionals. Whether you are a new or experienced homebuyer, having a team of real estate professionals is important for a secure and smooth home buying process.
Step 2: Find a Real Estate Agent in Portland
The agents at Ross NW Real Estate are prepared to offer you our expertise in the local Portland real estate market so that you will find the home that fits your needs and your budget. We work alongside you every step of the process as your team partner.
Step 3: Get Pre-Approved
Many first-time homebuyers need to finance their homes, and you will need to work with a mortgage lender . This will give you a range of home prices you can afford before you start searching for your home.
Step 4: Search For Homes
Working with an agent at Ross NW Real Estate makes searching for homes easy and fun. Tell us your specific wants and needs and we will find and show you the homes that fit the criteria. Our realtors can help you narrow down homes and make an informed decision about which home to choose.
Step 5: Choose a Home
Choose the home you love and can’t live without and you are guaranteed to be happy living in it for years to come. Our agents can help you learn more about the schools, entertainment and businesses in the area to help you choose which home will be the best fit for you.
Step 6: Get Funding
Financing your home purchase will cost more than the home itself. You will pay interest, closing costs and taxes in addition to the price of the home. Look at plenty of mortgage options and get as much information about these costs as possible.
Step 7: Put in an Offer
If you’ve found the home you want, it’s time to put in an offer. If the housing market is booming, there is a good chance your offer won’t be the only offer. Consult with your real estate agent to determine a good offer amount and keep your fingers crossed! Things may heat up if you end up in a bidding war!
Step 8: Buy Insurance
After your offer has been accepted by the sellers, you’ll need to purchase homeowners insurance. This insurance will protect you in the event that a disaster happens in your home. If your home is broken into or is damaged from natural disasters, this insurance can be a lifesaver.
Step 9: Close on the Home
The closing process, also known as escrow, brings together all team members involved in the real estate transaction and transfers the ownership of the home to the new owners.
Step 10: Enjoy
Enjoy your new home and start making memories that will last a lifetime.