10 Steps to Buying a Home: Your Ultimate Guide to Finding Your Happy Place

Here's a step-by-step Home Buying guide to help you find your happy place in Oklahoma.

Last updated on
June 17, 2024 10:19 AM
Alyssa McDowell

Buying a home is one of the most exciting milestones in life, and I'm here to help make the journey as smooth and enjoyable as possible. Whether you're a first-time homebuyer or a seasoned pro, navigating the home-buying process can feel overwhelming. But don't worry—I’ve got you covered! Here's a step-by-step guide to help you find your happy place in Oklahoma.

1. Determine Your Budget

Before you start house hunting, it’s essential to know how much you can afford. Look at your income, expenses, and savings to get a clear picture of your financial situation. You can use online mortgage calculators to get an estimate of your monthly payments based on different home prices and interest rates but these are just an estimate, it's always better to talk to a professional to get a better picture of your numbers. Remember, it's not just about the price of the home; factor in property taxes, insurance, and maintenance costs.

2. Get Pre-Approved for a Mortgage

Getting pre-approved for a mortgage gives you a clear idea of how much a lender is willing to loan you and shows sellers that you’re a serious buyer. To get pre-approved, you’ll need to provide your lender with documents like pay stubs, tax returns, and bank statements. This step will also help you identify any potential issues with your credit that you can address before making an offer. Don't have a mortgage professional in mind? No problem, I'd be happy to introduce you to my amazing network of lenders.

3. Find the Right Real Estate Agent

Partnering with a knowledgeable and experienced real estate agent is crucial. I’m here to guide you through the process, answer your questions, and help you find the perfect home. A good agent will have extensive knowledge of the local market, strong negotiation skills, and a network of professionals to assist with inspections, appraisals, and legal matters. Let's chat to see if we're a good fit. I have over ten years of experience right here in Oklahoma and I love working with buyers.

4. Start House Hunting

Now comes the fun part—house hunting! Make a list of your 'must-haves' and 'nice-to-haves' in a home. Think about the number of bedrooms, bathrooms, proximity to work or school, and any other features important to you. I'll use this information to help you with an online search to narrow down your options. Then we'll schedule viewings for homes that meet your criteria and we'll even explore the neighborhoods to make sure you get a feel for the area.

5. Make an Offer

When we find a home you love, it’s time to make an offer. I’ll help you determine a competitive offer price based on the market conditions and the home’s value. We’ll also discuss any contingencies, such as a home inspection or financing, that should be included in your offer. Once your offer is submitted, the seller can accept, reject, or counter it. Negotiations may go back and forth until both parties reach an agreement. Don't panic, I'll be here every step of the way to help coordinate your negotiations.

6. Get a Home Inspection

A home inspection is a crucial step to ensure the property is in good condition. I'll help you hire a professional inspector to check for any issues with the home, from the foundation to the roof. If the inspection reveals any problems, we can negotiate with the seller to address them before closing or adjust the offer price accordingly. This is another item that my amazing network of professional will help us navigate.

7. Finalize Your Mortgage

Once your offer is accepted, it’s time to finalize your mortgage. Your lender will arrange for an appraisal to ensure the home’s value matches the loan amount. You’ll also need to provide any additional documentation the lender requires. Once everything is in order, you’ll receive a closing disclosure outlining the terms of your loan. Having a trusted lender will be crucial to our home buying team.

8. Pack and Schedule Movers

As you approach your closing date, start packing your belongings and schedule a moving company. Label your boxes clearly to make unpacking easier, and consider decluttering as you pack. Hiring professional movers can make the process smoother, especially for larger items. Be sure to book them well in advance to ensure availability on your preferred moving day.

9. Close the Deal

Closing day is the final step in the home-buying process. During the closing, you’ll sign all the necessary paperwork, pay any closing costs, and officially take ownership of your new home. Make sure to review all documents carefully and ask any questions you have. Once everything is signed and the keys are in your hand, it’s time to celebrate!

10. Move In and Enjoy Your New Home

Congratulations, you’re now a homeowner! Moving into your new home is an exciting time. Take the opportunity to familiarize yourself with your new neighborhood, meet your neighbors, and start making your new house feel like home. Whether it’s decorating, gardening, or simply enjoying your new space, this is your chance to create the happy place you’ve always dreamed of.

Buying a home is a journey filled with important decisions, and I'm here to support you every step of the way. If you’re ready to start your home-buying adventure in Oklahoma, reach out to me today. Let's find your happy place together!

This guide should help you feel more confident and prepared as you embark on your home-buying journey. Remember, I’m always here to answer your questions and provide the expertise you need to make the best decisions. Happy house hunting!