Buying Your
Dream Home
Austin, TX
01
Pre-Qualify
Pre-qualifying is finding out how much you can afford to pay for a home.
Meeting with a mortgage broker would be the first step.
If you are unsure about the process, you can send us a message to mediate during your meeting.
02
Pre-Approval
Next, you will want to get pre-approved for a loan. Sellers will take you more seriously and it makes your offer more competitive. That could be the deciding factor between you winning or losing a deal.
Your loan amount will also give you a direction on the price range that you can afford.
03
List of Needs and Wants
Review the list of needs and wants to help you visualize what is most important to your in a home. By narrowing down your list, you open up more opportunities to find the right home.
04
Search For Potential Properties
As you find properties that meet your needs, as well as price range, you will want to visualize how you would set the furniture, pictures, lighting, office space, and decorative pieces.
01
Think about the layout and landscaping outside the home.
Is there enough space to fit all vehicles and tools? Do you expect to hire a landscaper or is it enough for you to maintain?
Would you want to change or add something such as the fence, a deck, patio, or fireplace?
02
Once you feel confident about the property, you may want to check out information about the neighborhood. Here are two resources to help you get a sense of the area.
03
Hiring a real estate agent (Black Bull Realtor) will curate the information about neighborhoods and real estate contracts for you.
05
Tour Homes
Whether you are at an open house, on your own, or with a real estate agent, we recommend taking a notepad and a pen/pencil.
You may uncover new information (good or bad) about the home that you are interested in to help with your decision making.
06
Make an Offer
Real estate agents (Black Bull Realtor) will help structure your offer to the seller. The agent’s guidance will support your interest in your home with the most viable financing option for you.
07
Thorough Inspection
An inspector will go to the home and deliver an inspection report of items up to code and areas of concern during the due-diligence phase.
During this time, you and your realtor will review your offer to see if the offer should be renegotiated.
08
Finalizing Your Mortgage
Finalizing your mortgage will consist of the appraisal going through. An appraiser will be requested by the bank or lender.
Upon that appraisal meeting the estimated sales price, the bank will fund its portion of the financing agreement.
09
Moving In
Congratulations! You now must do a final walk-through before closing to make sure that the contract terms are met and the home looks fine.