homebuying process
martino realty home buying process
Buying a home is an exciting yet important decision, and at Martino Realty, we make sure you’re prepared every step of the way. Whether you’re a first-time buyer or an experienced investor, our team is here to guide you through the process with ease.
1. Choose a Real Estate Agent
Find an experienced agent you feel comfortable with. Stick with one agent to avoid confusion and save time.
2. Get Pre-Approved for a Loan
Secure a pre-qualification letter to know your borrowing power. This helps in making realistic offers and speeds up the process.
3. Set Your Home Buying Budget
Determine what you can afford monthly. Your agent can help create a budget based on your needs and financial comfort.
4. Select Your Desired Location
Location is key. Be realistic about what you can afford while considering proximity to schools, shopping, or work.
5. Make an Offer
Once you find the right home, work with your agent to present a fair and realistic offer.
6. Hire a Real Estate Attorney & Home Inspector
Consult a local attorney for legal guidance and a home inspector to ensure there are no hidden problems with the property.
7. Review and Sign the Contract
With your attorney’s help, review the contract, schedule a signing, and make the escrow deposit.
closing the deal: the final steps
1. Apply for Your Mortgage
Choose your lender and apply for your mortgage. Once approved, you’ll receive a commitment within 30-45 days.
2. Do a Walkthrough
Before closing, walk through the home to ensure everything is in order.
3. Closing Day
On closing day, bring your ID, certified checks, and a checkbook. You’ll sign the necessary documents, and the keys to your new home will be yours!
The entire process should take about an hour, and you’ll likely receive your keys on the same day, unless the seller requires a few extra days to move out.
