First Time Home Buyer Tips for Costa Mesa Buyers

First Time Home Buyer Tips for Costa Mesa Buyers

 

Below is a short list of some of the items from the beginning to end of buying your first home in Costa Mesa.

 

There are many other steps, but this will give you a basic idea of the process.

 

  1. Find a knowledgeable real estate consultant who can help lead you through the process and make it easier.

     

  2. Get pre-approved.  This is stronger than a pre-qualification and puts you in a better negotiating position when you find your new home.

  3. Decide what you want and what you don’t want in your home.  Location, bedrooms, features, schools, near a freeway, but not close enough to hear the noise, etc.

  4. Rate each home immediately after you see it.  It can be overwhelming to look at a number of different homes.  Make sure to rate each home you see.  Once my buyer have seen three homes, I recommend they get rid of one of them, so the number of homes doesn’t become too much.

  5. Find your dream home.  Now that you know what you want and the amount for which you are pre-appoved, go out and find your dream home.  Keep notes about each home you see and compare them against your wish list.  

  6. Make an offer.  You and your consultant will work together to come up with an offer, and your consultant will use her skills to help you get the best deal possible. 

  7. Do inspections – The inspections usually include a third party inspector who comes out and checks all the systems of the house like the electrical outlets, the dishwasher, water pressure, the roof, and many others and will give the buyer his opinion on the condition of these items with a list of potential repairs.  Inspections may also include an appraisal (to verify the value of the property) and reviewing disclosures provided by the seller.  

  8. Sign the loan documents and get the keys to your new home.  Finally all of the hard work is done, and it’s time to move into your new home and throw a party to “warm” it.

Leave a Reply

Your email address will not be published. Required fields are marked *