HOME BUYING CHECKLIST
Do you want to buy a house in Long Beach? Before you start looking at houses, you should put together a checklist.
You’ve been searching online for properties, maybe for months. Pulling up Zillow or Realtor.com is probably a daily habit by now and you’ve seen lots of properties come and go since you started searching.
The home buying process can seem overwhelming and stressful, but it doesn’t have to be.
Let’s guide you every step of the way starting with the home buying checklist.
Navigating new territory
Purchasing a house is one of the biggest personal and financial decisions you’ll make, and often one of the most complicated. There are new legal terms to learn, like contingency and escrow, and people to meet, from mortgage lenders to real estate agents. Plus, there’s a seemingly never-ending series of steps to navigate. With so many parts, it’s no wonder many first-time buyers start out unsure about what lies ahead and how long it will take.
The best thing you can do is begin with a birds-eye view of the process. Understanding the basic steps will give you a sense of control from the start. Armed with your roadmap, you can relax and focus on each stage as it arrives.
Counting down to moving day
You can expect the entire home buying process take several months from start to finish. The exact speed will depend on individual factors like the local housing market. Planning for a longer journey means it will be easier to stay patient throughout.
Your first step, mortgage pre-approval, can take 30 days or more, according to Credit.com. That’s when the fun begins — and the searching. The National Association of Realtors reports that it takes on average 10 weeks for buyers to find the house they’ll likely buy.
When you find “the one,” the Home Buying Institute notes negotiation with the seller can take under a week, but with the emotional stakes at play it might well feel like longer. Once an offer is agreed upon, the closing process typically takes 30 to 60 days.
Although the road ahead may seem daunting, you’re not alone. The report by the National Association of Realtors suggests that more than a third of all American home-buyers are navigating the system for the first time.
The power of being informed
The smartest way to start your house hunt is with information. That’s why we’ve put together our “Essential checklist for first-time home buyers.” In it, we break down the stages that comprise the path to ownership, from determining how much you can afford to closing the sale. We’ve also included some extra tips and stats about the home buying process.
Think of it as a helpful resource to kick off your journey to moving day.
The Right Long Beach Area Buyer’s Agent Can Save You Thousands Of Dollars, Dozens Of Hours, And Lots Of Headaches
Real estate is usually the single largest financial decision most of us make. Tsang Residential can help you make sure you not only find the house, land, or commercial building you’re looking for… but we’ll help you avoid the common pitfalls and mistakes that only comes with decades of experience and an amazing full-service team backing you up.
Yes! I Want To Work With Tsang Residential!
Simply fill out the short form below or give us a ring at (562) 980-5198 and let us know a bit about what you’re looking for so we can best help you buy your next Long Beach property.