6 steps on buying real estate in Columbus
Choose a loan officer / mortgage specialist
The first step to buying a home is the pre-approval process. Before you start looking for your next home, we will need to know what types of mortgages you qualify for and how much you are able to spend on your mortgage payments. Meeting with a real estate agent in this step is highly recommended. A real estate agent will have your best interest in mind and will make sure to recommend you to a mortgage broker that will be able to give you the type of loan you are looking for.
Union Home Mortgage
First Financial Mortgage
Calculations do not include mortgage insurance premium for those financing with less than 20% downpayment.
Hire Your Agent
Kyle Edwards prefers to meet face to face with all of his buyer clients in order to build trust and rapport as well as set expectations up front on the buying process and answer any questions. Complete the form below to schedule your buyer consult with Kyle now!
Find Your Home
Most people believe that a home search starts with jumping in the car and driving all over town. And it’s true that going to look at different homes is one of the most exciting parts of the home-buying process. However, that feeling will only last for so long, especially if weeks go by without finding what you’re looking for. That’s why we say that looking for your home begins with carefully assessing your values, wants, and needs – in both the short and long terms.
Make An Offer
When searching for your dream home, you were just that-a dreamer. Now that you’re writing an offer, you need to be a businessperson. You need to approach this process with a cool head and a realistic perspective of your market. The three basic components of an offer are price, terms, and contingencies. The right price to offer must fairly reflect the true market value of the home you want to buy. Your agent’s market research will guide this decision as well as advising of any necessary contingency add-in or removal to best represent your interests.
Inspection, Appraisal, and Underwriting
Unlike most major purchases, once you buy a home, you can’t return it if something breaks or doesn’t quite work like it’s supposed to. That’s why asking for the sellers to provide a home warranty, getting a thorough property inspection and obtaining homeowners insurance is so important.
Bolton Insurance Agency
Denny Bolton | Agent/Owner
Life, Health and Disability
The final stage of the home buying process is the lender’s confirmation of the home’s value and legal statue, and your continued credit-worthiness. This entails a survey, appraisal, title search, and a final check of your credit and finance. Your agent will keep you posted on how every aspect is progressing. Remember to switch utilities to your name, bring funds necessary to close and a valid state-issued identification.