While your Newcastle agent will help you from start to finish, you may feel more secure knowing what is to come in your journey to your new home. Here is a small guide that explains what you will do and how we will assist you.
0 / Beginning
Buying a home is quite the undertaking, and one needs to be financially prepared for the big purchase. If you do not yet have all your bases covered, we will work with you to build your credit and finances even if it takes 1 or 2 years. To buy a house, you do need to push yourself to a limit, but a home should never become a burden.
1 / The dream home
Once you are primed to buy a home, it is necessary to consider aspects about your desired home and environment.
Think about the size, interior, exterior, amenities, and other physical attributes to the house.
Do you want a condo, townhouse, or single-family home?
Do you need a large living room for your family? Do you need a big yard for a garden or pets?
How else does your lifestyle affect the type of home that you want?
Consider accessibility to important places in your life.
Is there a doctor’s office, hospital, recreational facilities, and establishments nearby?
Even if you don’t have kids right now, it is a good idea to look into schools around the area for the future.
What kind of community do you want to move in to?
2 / Hire your agent
What a Newcastle agent can provide that an online brokerage cannot is the personal touch. Our attitude is to treat the buying process with every client “as if I’m buying my own home.” Our agents are dedicated to the job beyond the job. Our agents can dig through listings to find the hidden gem, will be a resource who can advise you on your specific needs and situation, advocate for you the whole way, and have the connections and network to ensure you get the best of the best.
3 / Financing
Though there are different methods of purchasing a house, the most common one is to get a mortgage loan. A pre-approval for a mortgage is a statement from a lender that tells you how much they are willing to loan you based on the financial information that you supply. Attaining an exact number gives you direction in your home search in that it allows you to search for homes at that price point or lower. Your Newcastle agent will double as your financial consultant and help you manage your financials through the process.
4 / Begin the search
You can search for homes online, but talking to your Newcastle agent about your vision will allow them to tap into resources that are not accessible to the public. We pride ourselves in being attentive to the individual wants and needs of our clients and considering all potential options and opportunities. Our agents can apply their expertise and knowledge of neighborhoods and the local area, filter through the contenders depending on your preferences, go to showings, and provide advice. While shopping, remember to check back on your needs and desires, and allow the list to change depending on what you rediscover to be realistic and necessary.
5 / Make an offer
Once you’ve found the one, you’ll need to make an offer. Let your agent be the mediator between you and the seller. Having your pre-approval will show the seller that you are serious about the purchase and are ready to buy the house, giving you an advantage over other interested buyers. The price can depend on a few factors including the listing price, other similar houses in the market, and if you and the seller are willing to work on improvements.
6 / Buying and closing
At this stage, you will need to apply for a mortgage. The lender will require financial documents such as W-2 forms and a list of assets. There will also be a home inspection as well as other procedures and documents to be completed. Your Newcastle agent can help wrap up the process so that you can move into your new home very soon. Even after you become the new homeowner, we can provide further assistance and data such as the market value of your home and referrals to repair services.