4 Crucial Steps to Buying a Home

Buying a new home is an investment in your future. Financial experts agree investing in real estate is still one of the wisest portfolio-building strategies. So put your trust in the proven professionals at Murney Associates. We will assist you in making the best financial and personal investment. We are here to help you find your way home.

1.  Mortgage Pre-approval
It is imperative in today’s real estate market to show strength in purchasing power. Sellers are more inclined to negotiate with pre-approved buyers. Your Murney agent can assist you with selection of a knowledgeable and reputable lender. In your meeting, ask questions like: What will this cost? What type of loan should I get? Can I afford this payment with my current income? Your lender will explain financial considerations such as down payments, closing costs, escrow accounts as well as monthly payments. Ask for a pre-approval letter. When you’re ready to make an offer, your letter will make your contract more attractive.

2.  Professional Representation
Entering the ever-changing real estate market can be both frightening and confusing. Now more than ever, you need the services of the experts in the field. Enlist a Buyer’s Agent to protect your interests instead of those of the seller. At Murney, we specialize in providing buyers good faith, loyalty and fidelity when purchasing a home. We can show you the ropes and make the purchasing process both stress-free and hassle-free. Remember when hiring a Buyer’s Agent that you are not charged a FEE!

3.  Contract, Appraisals, Inspections & Policies
It’s time to write a “clean” contract in order to gain acceptance from the seller. You can be confident your offer will be accepted, because Murney agents know contracts. Murney will walk you through the appraisals, inspections and escrow. Your lender has a vested interest in the property as well, so they will require a Wood Destroying Pest Inspection and an appraisal to determine the value of the home you’ve selected. We’ll make sure all details are completed in a timely manner, and we’ll keep you informed every step of the way.

4.  Closing and Keys
When can we move in? On the scheduled day of closing, your Murney agent will meet you at the title company to assist in closing the transaction. This is the time when all final lending documents are signed and notarized. The balance of your down payment and closing costs are due and payable at the closing table. After you and the seller sign the deeds and lender documents, your Murney agent will hand you the keys to your new home.

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