Home Buyer’s Guide

By Nick Krautter | Buyers

Home Buyer’s Guide

January 5, 2017

The Home Buying Process

Congratulations! You’ve made the important decision to buy a home. While it may seem overwhelming, we are here to guide you through the process and provide great resources to help you make an informed choice. Below are the major steps in the home buying process.

1. Pre-approval

  • Vital to your home search. You can’t make an offer without one!
  • We have great lenders we can refer you to for a pre-approval
  • Gives you confidence and buying power

2. Buyer Consultation

  • Identify your must haves and would like to haves in a home
  • Receive the latest on market conditions
  • Go in depth with the home buying process, what to expect after you make an offer, etc
  • Benefits of hiring a buyer’s agent and why it’s FREE to you

3. Looking at Homes

  •  The average buyer sees 7-8 homes before making an offer
  • How to find the right home
  • Arranging viewing appointments

4. Making an Offer

  • You receive information on comparable properties that have recently sold
  • We review each section of the sales agreement with you
  • Your offer will be structured so it’s the strongest

5. The Transaction Process

  • Assist in scheduling and recommending inspections
  • Negotiate possible repairs
  • Ordering appraisal (possible price and repair negotiations)

6. Closing & Keys!

  • Signing loan documents
  • Funding & recording
  • Arranging keys and possession

7. Post Transaction Support

  • Referrals to great service providers
  • We can help your friends and family with their real estate needs

About the Author

Nick Krautter is the author of The Golden Handoff: How to Buy and Sell a Real Estate Agent’s Business which debuted number one on Amazon for mergers and acquisitions. His goal is to teach real estate agents how to grow their business and to help them later retire and benefit from their years of hard work. For the last decade Nick has been a Realtor in Portland, Oregon, where he leads a team and frequently serves as a real estate expert for the media.