Buying Real Estate:
Prepare: Gameplan
Find and Compare Mortgages
at Quicken Loans
Like any effective endeavor, successful house buying involves a coordinated gameplan. We have summarized an easy
to follow approach so that you can refer to it as you make progress. Bookmark this page and refer to it throughout
your Real Estate buying process.
If you haven't already done so, investigate your housing needs and wants to determine
what types of houses you should be considering.
Learn who "The
Players" are in a Real Estate transaction so that you will
know who is
responsible for what.
Get your financial
picture in focus as soon as possible. Get a copy of your Credit
Report to see if there are problems or disrepencies that you need to deal with. You can get a free copy of your credit report here.
Familiarize yourself with the mortgage process.
Get Pre-Qualified from a Mortgage Lender. Do this first. Your Agent will
need your mortgage qualification, and it will significantly strengthen your offer when you find a home.
Quicken Loans
is the premier resource for mortgage comparisons. You can get up to 4 offers from lenders, all competing for your
business. Click
here for more information.
Find an Agent
that you trust. It is important to do this before you go rushing off looking for homes or you may end up with no representation.
See the Agent Representation section for an important discussion regarding "who represents whom."
Looking for a Real Estate Agent? To find an Agent in the area in which you are interested, click here. (You can compare
a selection of top-performing Agents and remain anonymous throughout the search process.)
House Hunting Time! Make a scorecard for each house.
When you find an acceptable house, write a contract. Not familiar
with contracts? You can get copies of contracts for your state here.
Negotiate
your best deal.
Make a formal loan application.
Arrange for home
inspection.
Arrange for closing
agent or attorney.
Make moving
plans--for an innovative and money-saving approach to moving,
click here.
Secure final loan approval and commitment from the lending institution.
Do a final
walk through of the house.
Final closing
and settlement.
Let us know what you liked or disliked about
this Web Site!
Move to your new home and begin enjoying it!!
