A Step by Step Guide to Buying Your First Home http://activerain.com/blogsview/5181734/a-step-by-step-guide-to-buying-your-first-home?show_share=1 Dreaming of your first home? Make it a reality! Find out more about home buying in Pleasanton when you click this link!

1. A Step by Step Guide to Buying
Your First Home

2. Buying a home for the first time can be a confusing
and daunting experience.

3. It’s essential that you know what to do and who to turn to, so
I’ve prepared a 10-step guide to help you buy your first home.

4. Step 1. Determine if you’re ready to be a homeowner. Because it's a
decision that takes months of planning and preparation, here are
some signs that indicate your readiness.

5. S Y ’ R
H

6. Step 2. Get pre-qualified and pre approved. Pre-qualification gives
you an idea how much you can afford.

7. Securing a pre-approval on the other hand tells you exactly how much
mortgage you qualify for and increases your negotiating power.

8. Step 3. Hire the right real estate agent. Finding the best real estate agent
takes some effort and legwork, but the results are worth it.

9. Here are four steps you can do to ensure you'll pick the best one out of
hundreds of Pleasanton real estate agents.
1. Search online.
2. Ask for referrals.
3. Set an appointment.
4. Have a prepared list of questions.

10. Step 4: Find a home. Price, location, and type of home are the
factors you should consider in choosing the right home for you.

11. Step 5: Get a mortgage. Learn about the various mortgage loans
available for you and compare loan terms and payment. Once you’ve
found the lender which has the best loan terms and rates, secure a
pre-approval.

12. Step 6: Make an offer - and get it accepted. The first thing you have to
settle is the price. Your offer letter, will include terms & program you
intend to use.

13. When both parties have come to an agreement regarding the terms,
the property will go into escrow and stay there until all the steps of
the home buying process have been completed.

14. Step 7: Get a home inspection and a home appraisal. The home
inspection is your best protection. It will tell exactly what you’re
buying.

15. A home appraisal will be required by your lender to ensure they are
loaning based on a fair market value of the home you are buying.

16. Step 8: Get insurance. Lenders will require you to get home
insurance. This is one way they can protect themselves from
accidents like fire and other risks.

17. Step 9: Sign Closing Documents. This step is where all the necessary
documents related to the home purchase are collected and
updated, signed and notarized.

18. Step 10: Closing. This is it! This is the last part of the home buying
process. Once the new deed has been recorded with the county,
you are truly a homeowner!

19. Congratulations! Your next step is to move in and
enjoy your property.

20. Do you have more questions about the home buying
process in Pleasanton CA? I'll be happy to help!