The process of finding a home for the first time can be challenging, but if you are properly equipped and know what to expect during the process, looking for your first home can be an exciting, and rewarding experience.
If you have been following my First Time Home Buyer series, then these are the steps that you've completed so far:
- Common Mistakes Smart People Make When Buying Their First Home
- First Time Home Buyers - Consider Five Reasons Why You Should Buy
- First Time Home Buyers - Find Out How Much You Can Afford
- First Time Home Buyers- Getting Pre-Qualified
- Buying Your First Home? Find A Great Buyers Agent!
Now, your Buyers Agent has been working hard for you, looking for homes that match the wish list that you submitted and reviewed. Keep in mind that you may have to view a few homes before one stands out as having the potential to be your first home. Don't worry! It will happen.
Since this part in the series has to do with making an offer, we are assuming that you've found The One. The Perfect house to call a home. Now, you are ready to make an offer.
What to expect:
Your Buyers Agent will prove to be invaluable at this stage, because the negotiation of the sales price, and writing up of an offer will be done for you, on your behalf.
Before you make an offer, you must be sure that the house you have decided on is the one that you really want. Make sure that you are serious about buying. Once an offer is accepted by the seller, it is a legally binding contract.
Here are some helpful links from Freddie Mac that will describe the process of making an offer in more detail:
Here is another helpful link from Realtor.com
While having a Buyers Agent will definately assist you in getting through the negotiation and writing of an offer to present to the seller, staying knowledgeable about the process, and knowing what to expect will make buying your first home a much smoother and much more relaxed experience.
*Photo Courtesy of Flickr - shaug
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Written By: Alecia A. Barnes -Proud to be a Realtor® in the State Of Oregon - Serving Albany, Brownsville,
Corvallis, Eugene/Springfield, Halsey, Lebanon, Sweet Home, and the surrounding areas. If you are thinking of
moving to Oregon, or are looking to list or buy property, give me a call, I'd love to help. Contact Me For A FREE Homebuyers Booklet!