The 7 Step Process to Home Buying in Idaho
Congratulations on your decision to Buy a Home in Idaho. We’ve outlined th 7 major steps of the process, to give you insight on what’s up ahead.
Step 1: Create a Home Wish List
Answer these questions: What is important in a neighborhood to you? What is important in a home? I have created a “Home Wish List” form if you would like a copy please email email@example.com and in the subject line put Home Wish List.
Step 2: Get Pre-qualified Or Pre-approved
Your pre-approved status lets the seller know:
- You have gone through an extensive financial background check
- A Lender is willing to do business with you
- The likelihood of unexpected obstacles regarding financing is minimal.
Step 3: Let the House Hunting Begin!
Now you are ready to embark on your Idaho home search! During this step, you will further refine your wish list, wants, and needs in a home as well as neighborhood.
Remember to bring a notepad, pen and camera to help you remember details of each property.
Step 4: Make An Offer
When you’re ready to make an offer on a home, McCall Homes For Sale will help you determine the offer price by reviewing recent sales of homes similar in size, quality and amenities.
Step 5: Strike A Deal
Sometimes, you get lucky and the seller accepts your offer as is. However, in most instances, the seller will make a counteroffer. This is where McCall Homes For Sale experience in negotiations will be invaluable.
Some of the item you may negotiate:
- Closing Costs
- Repairs and Upgrades
- Appliances and Fixtures
- Move-in date
Step 6: Prepare For The Closing
When an offer becomes a binding agreement, of the McCall Homes For Sale will help you tackle the checklist of action items that you, as the buyer, have agreed to perform prior to closing, Depending on how the responsibilities are divided up in the agreement, this is typically when you will:
- Conduct a home inspection
- Get an appraisal and finalize your financing
- Secure title and home insurance
Step 7: Close The Deal
The moment you’ve been anticipating has arrived. The closing is where home ownership is legally transferred form the seller to the buyer.