Buying your First Home - Buyers Guide - Everything you need to know

Set Your Goals – Decide what you’re buying and what kind of home you’re looking for. Options – Examine your current financial situation and determine how much you can afford. Knowledge - Your agent should know their market well. Experience - Your agent will help with property searches, financing, negotiation and transaction processes so head over to their website and see what they’re about. Credentials – Ask around or read online reviews about your agent so you can know their track record. Lender - Have them examine your current financial situation and credit history to determine the amount you can borrow to buy a home. Finding One - Consider looking online to see what different lenders offer, or contacting your local bank or credit union. View Homes - Ideally, you should view homes with the help of an experienced real estate professional who’ll notice things you might miss. Neighborhood - Is it conveniently located near places of interest to you? Choose THE ONE - Take as much time as you need to find the right home. Negotiate - Once you’ve found the home you’d like to buy, it’s time to make an offer. Inspection - Both you and the seller will receive a report on the home inspector’s findings. Appraisal - Lenders will have an appraiser give an estimate of the value of the house you are buying. The Details - Finalize your down payment, interest rate, regular payment schedule and all other financial terms associated with the closing. Final Look - Do a walk through one last time to make sure everything is in proper condition. Get the keys! - WELCOME HOME!

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Paul May Realtor, Realtor Cal Bre #01976376, PMZ Real Estate

Paul May Realtor, Realtor Cal Bre #01976376

PMZ Real Estate




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Set Your Goals – Decide what you’re buying and what kind of home you’re looking for.  Options – Examine your current financial situation and determine how much you can afford. Knowledge - Your agent should know their market well. Experience - Your agent will help with property searches, financing, negotiation and transaction processes so head over to their website and see what they’re about. Credentials – Ask around or read online reviews about your agent so you can know their track record. Lender - Have them examine your current financial situation and credit history to determine the amount you can borrow to buy a home.  Finding One - Consider looking online to see what different lenders offer, or contacting your local bank or credit union. View Homes - Ideally, you should view homes with the help of an experienced real estate professional who’ll notice things you might miss. Neighborhood - Is it conveniently located near places of interest to you? Choose THE ONE - Take as much time as you need to find the right home. Negotiate - Once you’ve found the home you’d like to buy, it’s time to make an offer. Inspection - Both you and the seller will receive a report on the home inspector’s findings. Appraisal - Lenders will have an appraiser give an estimate of the value of the house you are buying. The Details - Finalize your down payment, interest rate, regular payment schedule and all other financial terms associated with the closing. Final Look - Do a walk through one last time to make sure everything is in proper condition. Get the keys! - WELCOME HOME!

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This is an example amortization calculation for your information. Not a mortgage or loan offer. Monthly payments may differ between lenders and institutions. Additional fees, points, downpayments, taxes, escrow, and other, may apply.


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