Home Buying Guide - CALIFORNIA HOME TEAM | eXp Realty

Home Buying Guide

Buying a home can be equal parts exciting and overwhelming. Making it from pre-approval to closing can feel like a staggering journey, which is why we’re here to help. Whether you’re a first-time homebuyer, relocating to the area, or looking for a new vacation house, this guide will help keep you on the right path every step of the way.

The Process

Get Pre-Approved

Pre-Approval

Now that you have an agent in your corner, it’s time to get pre-approved for a loan. By measuring factors like income, credit, and assets, a lender can determine what type of loan best suits your needs and how much home you can afford. This can give you the upper hand as a buyer because it shows sellers that you’re serious about making a purchase.

If the pre-approval process sounds scary or daunting, don’t worry. The professionals at Watson Mortgage Corp. are committed to making your pre-approval smooth and effortless so that you can focus on what’s really important: finding the home of your dreams.

Tour Properties

Tour Properties

With an agent by your side and an idea of your price range, it’s time to start shopping. A good place to start is creating a wish list of features that are important to you. Once you have an idea what you want, you can use our helpful search tool or mobile app to find homes that fit your criteria in the neighborhoods you want to live.

When touring properties, take note of things that are important to you. Is there enough room to comfortably fit your furniture? Is there enough cabinet/pantry space? Is it in the right school district? Many factors like these often go overlooked and can lead to frustration down the road.

Be honest with your agent about what you like and don’t like in each property you tour. The more they know, the better they can select properties you’ll like.

Make an Offer

Make an Offer

When you’ve found the perfect home, your agent will help you prepare a written offer. That offer contains much more than just the price you’ll pay for the house; it includes details like financing method, cancellation terms, repairs you want to be done, date you’ll take ownership and possession of the property, and more.

There’s no guarantee the seller will accept your initial offer – after all, sellers may receive multiple offers on a property. That’s where your Watson agent will make the difference. They’ll put their expertise to work for you to ensure not only that the negotiation process goes well, but that you end up with a deal that fits all your needs.

On the Road to Closing

On the Road to Closing

After negotiations have settled, the loan process and title work begin. You’ll need to complete a loan application with your lender, as well as provide the documents needed to confirm your income and assets. The experts at Watson Mortgage Corp. and Watson Title Services, alongside your agent, are ready to assist you with these steps once you’re ready. Together with your Watson team, you’ll navigate the process with ease.

Once these final steps are complete, it’s time to move in! Few things are more exciting than being handed the keys to your new home. Watson is proud of guiding so many buyers to this ecstatic moment, but our work doesn’t stop there. For anything from home improvement to home warranties, the Watson family is here to help you with all your real estate needs.

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