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The Process Of Buying A Home
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Copyright Lawrence Yerkes. May not be reproduced or reprinted without permission in writing. All rights reserved.
 

[RE/MAX Sold] + [Harper Solde] = Delaware Valley synergy -- Buying A Home - Let Us Help You - We Get Results!

Buying a home can be a positive and rewarding event -- provided you use the right real estate professional and you understand the process of buying a home.

There are several steps or phases that we have identified in the real estate home buying transaction process.  All real estate home purchases involve these steps, often varying in the details, but you can not have a successful home purchase without properly executing these steps. 

ARTICLE OBJECTIVE: To give you a basic understanding of the Home Buying Process and to minimize your risks and maximize your results by identifying and using the right real estate professional to guide and assist you in the process.


 
 

Buyer Resources

Buying Guide
Real Estate Library: Residential
Buying A Home - Q&A
Pre-Qualify To Buy
Relocation Services
Referral Services
NJ Property Finder
Quick Property SEARCH
Free Email of Every Home Matching your Criteria
My Property Finder - Personalized
Neighborhoods - Information,  Analysis, Statistics, Reports
School and Community Reports - Local
Find Your Perfect Property
BUY - Submit Your Request
Service Support Center
More LOCAL Resources
Investment Resources
Commercial Resources
Mortgages / Calculators
Feng Shui Services
Moving Resources
H.O.M.E. Closing Costs
Seniors Advantage Services

1. Analyze and determine your needs -- both short term and long term.

      Note: The above step requires action by the buyer to make a decision to begin searching for a house to buy.

 

2. Identify an agent with whom you are comfortable and has the proper credentials and experience for your situation.

Notes: Step #2 requires action by the buyer to select a Realtor that is a best fit for buyer's situation and needs.

Consumer Notice: One of the first items of business every Realtor is required to do by state regulation is presenting an information notice prepared by the state Real Estate Board for you to review and sign (this is not a contract, just a proof for agent that it was shown to you) so that you understand the different forms of real estate agency.

In New Jersey, it's called the Consumer Information Statement (C.I.S.)
In Pennsylvania, it's called the "Consumer Notice"

The following steps are carried out by the buyer with the aid / guidance / support of the Realtor or by the Realtor on behalf of the buyer.  The timings for each step will vary, many times overlapping, but no step can be skipped.
       

3. Establish Price Range and Location of Homes To Be Searched.
 

       Continue process with the following link...

The Home Buying Process - Steps to buying your new home

 


 
Real Estate Glossary :     Common Real Estate terms.
Real Estate Glossary - General :   Regularly used Real Estate terms. (Provided by the e-PRO organization.)
Real Estate Glossary - General #2 :   Definitions for common real estate and legal terms.
Real Estate Abbreviations :   Abbreviations appearing in real estate listings and what they mean.

See additional reference resources available at the: Real Estate Library Resource Center

Please feel free to contact us at any time if you have any questions or
you are
ready to search for property.
 
Click here to e-mail a request

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More Articles Of Interest to Buyers:
 

Anatomy Of A House
Buying A Home - Questions and Answers  (HUD Article)

Choosing The Right Paint Color for the Interior of Your Property
Energy Upgrades
Foggy Windows Can Be Repaired
Feng Shui - What It Is And How It Can Be Used In Real Estate
Home Inspection Basics

Homeowners Home Inspection Guide
Lead Paint

Leave Water Damage Remediation To The Pros

Mold Issues
Mortgage Pre-Qualification and Pre-Approval Process

Moving Check List
Polybutylene Plumbing: Waiting to Burst

Pre-Qualifying vs. Pre-Approval

Real vs. Personal Property

Recommended Books
Septic Systems - Homeowner Maintenance


Buyer Resource Articles from Realty Reality:

Please feel free to contact us at any time if you have any questions

 or

you are
ready to search for  property.

 
Click here to e-mail a request

Best Places To Live In Rural America
Best Place to Live in USA: Moorestown, Burlington County, New Jersey!

Buyer Beware: Insurability of Property
Consumer's Inspection Kit From Freddie Mac
FHA Launches Education Initiative to Assist First-Time Minority Homebuyers  [2006/03]
Finding the Right Home
Fire Sprinklers Increase Home's Value
Free - HUD "Buying Your Home" Guide

Fuel Cost Calculators and Comparisons For Your Home
Ginnie Mae: Your Path To Homeownership
H.O.M.E.* Closing Costs
Home Buyers and Sellers Resource Page
Homebuyers: Let Your Buyer's Agent Be Your Guide
House Appreciation Continues At A Robust Pace, According To The OFHEO  [2006/03]
Housing for Older Persons
How and Where to Buy HUD Homes
HUD Announces Higher FHA Home Limits  [2006/01]
Lead-Based Paint In The Home - Safety Issues from HUD
Make Sure Termite Inspection Reports Use Current Form
New Home Repair Program Makes FHA-Insured Home Loans Even More Attractive
New Jersey Real Estate Listings - Investment - Including South Jersey

NJ Fire Extinguisher Legislation Signed Into Law
Pre-Qualifying Helps Determine How Much House You Can Afford
Preparing for Homeownership
Private Well Testing Act (PWTA) of NJ  [2006/02]
Real Estate Matters: News & Issues for the Mature Market - 3rd Quarter 2005 - Home Inspection
Rent vs. Buy - How Much Can You Afford?
Septic Systems - Owner Maintenance
Should You Consider Buying A Condo?
Spot Landscaping Red Flags When Looking at Homes For Sale
Tax Information for First-Time Homeowners (IRS Publication 530)

Top 4 Features Buyers Look For, Besides Price
Top Mistakes of Home Buyers and Sellers in 2005
Understanding Home Warranties
Virtual Home Inspection - AHSI
What's $400,000 Buy?
What's In, What's Out With Homebuyers In 2006  [2006/02]
What’s it Worth? - NAHB House Price Estimator
 

Click here for additional articles of interest to Buyers via our Residential Homes Real Estate Category Index Page

 
See also Realty Reality Real Estate Market Trends Articles

 
Good Time To Buy / TV:  Click here to view the short NAR TV consumer awareness segment, Good Time To Buy.

 


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