About Buying
Why use a realtor?
Kitchens Realty can help you through the entire process of buying a home, starting with the
mortgage and continuing right through closing - and beyond. They can help you shop for the best
interest rate and terms and, if you wish, suggest mortgage lenders.
Get pre-approved for a loan
Obtain a copy of your credit report and your FICO score and, if necessary, do what you need to
do to improve it. The higher your FICO score, the better interest rate you can command. You can
get this information online; your Kitchens Realty agent can also help you. Contact several
lenders and determine which one will give you the best deal.
Determine your price range and the area(s) you wish to
live
By now you should have a good idea of how much home you can afford. This helps you narrow down
your home search. You should also begin researching the neighborhoods in which you might want to
live. We can help!
Decide which amenities and features you must have - and
which ones would be nice but not necessary
How many bedrooms and bathrooms do you want? Would you prefer a newer home or an older one with
established landscaping? Are hardwood floors a must? Is an updated kitchen important to you?
Walk-in closets? Which features would you be willing to give up if you find the
otherwise-perfect home?
Become familiar with the area(s) that might be perfect for
you
Right here on KitchensRealty.org, you can find listings that meet your criteria as well as
neighborhood data. Identify properties that seem to be fits for you, take an afternoon and go on
a driving tour. See what's available in your price range and explore neighborhoods.
Make an offer
When you've identified the home you want to buy, be prepared to help your agent prepare a
written offer quickly. Your agent will be familiar with market values and will help you arrive
at a price that gives your offer the best chance of being accepted.
At this stage, try not to become emotionally attached to a home. Your offer may not be
accepted for any number of reasons. Have backup homes in mind. Be prepared to negotiate
through your agent with the sellers.
Once Your Offer Is Accepted:
- You'll be asked to submit an earnest money deposit that usually isn't refundable.
- Begin making moving arrangements (select a mover, obtain change-of-address cards,
inform friends and relatives).
- Have the property professionally inspected.
- If necessary, request repairs.
- Obtain homeowner's insurance.
- Contact utilities (phone, water, power, etc.).
- A few days before closing, stage a walk-through.
- Obtain a cashier's check for the down payment and closing costs.
At closing:
- Make sure the terms and conditions of the loan statement are correct.
- Carefully read everything before you sign.
We have mapped a few great buys for you!
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