First-Time Home Buying Process

Buying a home is both an exciting and scary time. It will most likely be the single largest investment you will make. At the same time, your home is your sanctuary from the world and not only do you need to be able to afford it; you need to feel good making the payments on it each month. This is an overview of the process. If you want to see more, just download the full description below.

Step 1 – Get qualified for loan with pre-approval letter in hand

Step 2 – Identify the parameters of your home search

Step 3 – Make an offer and prepare for negotiations

Step 4 – Once offer is accepted, we will need to collect a binder deposit within 24 hours

Step 5 – Make loan application within 5 days of contract acceptance If your offer is on a SHORT SALE - It can take as long as a year and as little as 30 days to hear back from the bank as to whether they will accept an offer.

Step 6 – Schedule home inspections within 10 days of contract acceptance

Step 7 – Review inspection reports and request repairs in writing

Step 8 – Apply for homeowner’s insurance

Step 9 – Does your new home appraise?

Step 10 – Scheduling the walk through

Step 11 – CLOSING!!!

For details of the step by step process, download our First Time Home Buyers Guide. Our team of agents is experienced in working with First Time Home Buyers and would love the opportunity to guide you through the process. You can call us at 904 201-9276 or email us at jami@jaxrealestateforlife.com