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Step 1: Start Your Research

As soon as you can, start reading websites, newspapers, and magazines that have real estate listings. Keep track of what interests you. How many bedrooms? Single story or two? Take notes.

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Step 2: Get Pre-qualified and Determine How Much House You Can Afford

It is always a good idea to speak with a lender to determine how much house you can afford before shopping. The best way to do that is to get pre-qualified for a mortgage. This is a very simple process of providing some financial information to your mortgage banker, such as your income and the amount of savings and investments you have. Your lender will review this information and tell you the price range of the homes you should be looking at. Lenders generally recommend that people look for homes that cost no more than three to five times their annual household income.

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Step 3. Get Pre Approved for credit for Your Mortgage

Once you have your pre-approval letter, it’s time to get pre approved for credit, which involves providing your financial documents (W-2 statements, paycheck stubs, bank account statements, etc.) This is so your lender can verify your financial status and credit. This process guarantees you are credit worthy and can truly purchase a home.

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Step 4: Choose the best type of loan for you

Our lenders have a wide range of competitively priced loan programs and a reputation for exceptional customer service. You will have many questions when you are purchasing a home, and having one of our experienced, responsive mortgage bankers assist you can make the process much easier.

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Step 5: Choose a New Construction Specialist

Let our team help you narrow down the right construction home for you!

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Step 6: Visit our Communities

Start touring homes in your price range. We have a range of different product types to fit your wants and needs. Make notes about what you like in each home you visit.

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Step 7: Contract

Found your dream home? Time to contract. One of our agents will walk you step-by-step through the contract, answer any questions you have as well as go over selections. Once everyone has agreed and the contract has been signed by all parties, the house will go into escrow, which is the period of time it takes to complete all of the remaining steps in the home buying process.

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Step 8: Be flexible and have realistic expectations

What is your timeline? Sometimes with new construction the homes might not be complete yet when you contract. Be sure to plan extra time and get a good understanding of when the home will be move-in ready, be flexible and understand that delays can happen due to unexpected factors such as weather. Plan ahead and make sure you have a place to live until completion.

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Step 9: Have the Home Appraised

Your lenders will arrange for an appraiser to provide an independent estimate of the value of the house you are buying. The appraisal will let all the parties involved know that you are paying a fair price for the home.

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Step 10: Coordinate the Paperwork

As you can imagine, there is a lot of paperwork involved in buying a house. Your lender will arrange for a title company to handle all of the paperwork and make sure that the seller is the rightful owner of the house you are buying.

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Step 11: Close the Sale

Congratulations, you have made it to closing day! Closing is the day you officially get the keys to your new home and pay all of the various parties involved. These fees will include your down payment for the loan, closing costs and any extra fees included to process your loan.