Step 3 of the Home Buying Process: The Search
Now that you’ve completed step 2 and found a good lender, it’s time to move on to step 3 of the home buying process, the search. Your real estate agent is your biggest asset during this time. They know the market and will help you find the right home that meets your needs.
Step 3 of the Home Buying Process
Step 3 of the Home Buying Process is the search for your new home. Now your real estate agent has your pre-approval and knows what price range to begin showing you homes. You have given your agent your criteria and the home search is officially underway. Your real estate agent will schedule appointments and show you homes that fit your criteria including location. You can also begin searching for homes on your agent's website or realtor.com. There are many places to look just make sure to write down any homes that you have an interest in so you can give the address to your agent.
Things to ask yourself when choosing your criteria/ features for a home.
- How large of a home do you have in mind?
- How many bedrooms and baths do you need?
- Do you need a garage?
- What style of home do you prefer? Ranch/Two story, etc
- What type of dining area would you like? Eat in kitchen/Formal dining room
- What are the things you can’t live without?
Make sure you have your home criteria written down. Must haves at the top of the list, would be nice to have at the end. Your goal is to help your real estate agent visualize the features and style of home you would be happy with.
Location, Location, Location
Location is Still Everything
When searching for a home keep in mind your needs and lifestyle. You want to choose a location that will get you to school or work a reasonable amount of time. Some folks like long commutes and some folks want to be home in less than five minutes after work. That will be all up to you. Maybe you would like to be near a library or your favorite coffee shop. These are things you need to keep in mind when selecting a location. If you go to the gym you don’t want to drive ten or fifteen miles to get there. Seriously, if you don’t like the location you’re not going to like the house. You will be wasting time looking in neighborhoods you know you aren’t very fond of. Do not consider homes you know won’t work. Save your sanity! The home search becomes overwhelming for some because the want to look at every home on the market!
Tips to Finding the Perfect Neighborhood for You
- Drive through the neighborhoods you are interested in. You want to get a feel for the atmosphere even at night.
- Talk to neighbors.
- Talk to the mailman.
- What are the amenities if any?
- Is there an association? What’s the yearly fee? Who’s over it? (Your agent will have this information)
Tour Neighborhoods That You are Interested In
Narrow Down Your Search
Once you’ve eliminated homes that just won’t work for you, begin narrowing your search down.
If you’ve already found your dream home just by looking at homes on the internet and riding through neighborhoods, that’s Great! However, the reality is you haven’t, but you do have a few you really like. Your agent will be happy to show you the homes you like and any they think will work for you.
Your real estate agent will inform you if they see a home that may work for you. If you just can’t find the home you are looking for or if it is taking more time than expected don’t become discouraged. New listings are constantly coming on the market. You will find your perfect home, dream home, right now home or whatever you want to call it. Once you do find your new home with the help of your fabulous agent, on to step 4 of the home buying process, the offer!
Happy House Hunting
Questions & Answers
© 2016 Michelle McLaughlin