Buyers

Making the smart move of choosing a REALTOR® is your first step to ensuring that your new home and community meets your needs. For your convenience, sign up for automatic listings by email.

Home Buying Steps

• Qualify for a Loan

ü       Check your credit rating

ü       Determine a comfortable monthly budget for your new purchase, including down payment and monthly payment

ü       Find a loan program that meets your needs and get pre-qualified

• Contact a REALTOR® that you trust who understands your needs

ü       Determine what neighborhood best matches your needs

ü       Identify important features you need your new home to have

ü       Ask a REALTOR® to estimate your closing costs

ü       Search for your new home

• Negotiate the contract

ü       Have the REALTOR® check recent houses that sold to negotiate the best price

ü       Decide on contingencies to protect yourself (appraisal, inspections, sale of your home, seller help, rent backs, etc.)

ü       Get the house inspected

• Pre-Settlement

ü       Obtain Insurance (Home and Flood if applicable)

ü       Choose a Title Company

ü       Submit your change of address

ü       Have the utilities changed to your name

ü       Schedule Movers

ü       Prepare any additional paperwork (Power of Attorney, 1031 tax free exchange, ground rent, etc.)

• Settlement

ü       Get certified funds ready for settlement

ü       Bring a photo id and checkbook for any additional charges

Questions? Email info@lindasellsbaltimore.com to be featured anonymously on the Real Estate Mailbag section!