Before you start packing take a look at these 8 steps to buying your dream home.
1) Decide to Buy
Although there are many good reasons to buy a home, wealth building ranks among the top of the list. Some of the top reasons to buy a home are equity buildup, value appreciation and tax benefits. If you are still having a hard time to decide if you are ready to buy The My Lake Conroe can help you get to the right people you need when making the decision of home ownership.
2) Hire an Advocate
When you hire the My Lake Conroe Team you gain a expert in the field and to expertly represent you. We act as the advocate for you and your interests throughout the home buying process.
3) Secure Financing
While you may find the thought of home ownership thrilling, the thought of a mortgage can be chilling. Many buyers start out confused about the process or nervous about the large financial commitment. The My Lake Conroe Team has great relationships with lenders and years of experience. We are here to help and make the dream of owning a home a reality.
4) Find a Home
You may think that shopping for homes starts with jumping in the car and driving all over town. And it’s true that hopping in the car to go look is probably the most exciting part of the home-buying process. However, driving around is fun for only so long-if weeks go by without finding what you’re looking for, the fun can fade pretty fast. That’s why we say that looking for your home begins with carefully assessing your values, wants, and needs, both for the short and long terms.
5) 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. Our market research, your level of desire and the homes activity will guide the offer you make.
6) Preform Due Diligence
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 home owner’s insurance and property inspections are imperative. The property inspection should expose the secret issues a home might hide so you know exactly what you’re getting into before you sign your closing papers.
On closing day, The My Lake Conroe Team, will be by your side as you sign documents that do the following: finalize your mortgage, pay the seller, pay your closing costs, transfer the title from the seller to you, make arrangements to legally record the transaction as a public record and help get any of your questions answered. As long as you have clear expectations and follow directions, closing should be a momentous conclusion to your home-searching process and commencement of your home-owning experience.
8) Protect Your Investment
Throughout the course of your home-buying experience, we will have probably spent a lot of time together and gotten to know each other fairly well. There’s no reason to throw all that trust and rapport out the window just because the deal has closed. In fact, We want to keep in touch. Even after you close The My Lake Conroe Team can still help you: Handle your first tax return as a home owner, find contractors to help with home maintenance or remodeling, help your friends find homes and keep you informed on your homes market value.