After you've found an agent, ask them to recommend three mortgage lenders in the area who can help you meet your financial goals. The right lender will work closely with you to gain an in-depth understanding of your financial situation so that they can determine which mortgage is right for you.

Word-of-mouth and referrals are usually a good way to determine if a lender is right for you. However, you can also meet with several yourself to see whom is the right fit for you.

Simply put, there are a lot of things you'll see on an open house tour that you won't see in online listing photos. Doing the legwork is worth it when it comes to evaluating properties.

You’ll work with your agent to craft an offer that not only clarifies the price you’re willing to pay, but also the proposed settlement date and contingencies. Other conditions must be agreed upon by both parties, such as granting you the ability to perform a home inspection and request repairs.

As for negotiating the offer, some home sellers simply accept the best offer they receive. However, many sellers make a counteroffer. If that happens, it’s up to you to decide whether you want your agent to negotiate with the seller or walk away. This is an area where your agent can provide real value by using their expert negotiating skills to haggle on your behalf and get you the best price.

The last stage of the home-buying process is settlement, or closing. This is when you sign the final ownership and insurance paperwork so that you become the official property owner.

Coming soon!