Today's question, what is the buying process and timeline?
My name is Dawn D'Amico, a licensed realtor in the Philadelphia Metro. I am here today to talk to you about the buying process and the timeline. I know it is very overwhelming, especially if you have never done it before, but do not worry, I am here to help.
In this article, I am going to walk you through the entire process, from getting pre approved to closing on your new home. So, what does the buying process look like? Well, here are the basic steps.
Number one, get pre approved for a mortgage. This will give you an idea of how much you can afford to spend.
Second, hire a real estate agent. Hello, that's me. A good agent can help you find the right home and negotiate the best price.
Number three, make an offer on a home. This is where I will help you submit your best price to the seller.
And fourth, negotiate the offer. The seller might come back with a counter offer, and you will have to decide whether to accept it or to make a new offer.
Number five, close on the home. This is the final step where you will sign all the paperwork and officially become the owner of your new home. And this process can take anywhere from a few weeks to a few months, depending on the market conditions.
Here are some things that you have to keep in mind when you are going through this process. Be prepared to act quickly. Homes right now are selling quickly, so you have to be ready to make an offer as soon as you find a home that you really like.
Next, you have to be patient. The buying process can be very frustrating at times, but it is important to be patient and persistent. Also, do not be afraid to ask for help. A good realtor can be a valuable asset throughout the buying process.
Now, in the Philadelphia Metro, as of September 2023, commission fees for a buyer's agent are typically paid by the seller. So, there are no hefty fees to pay an agent like me for my expertise. So, if you are thinking about buying a home, I encourage you to reach out to me. I can help you navigate the buying process and find the perfect home for you.
Just reach out to me anytime. My contact details are below and up on the screen. Thanks for watching. I hope this short article has helped you learn more about the buying process and the timeline.
If you are buying, selling, investing, or just have some questions, do not hesitate to reach out to me and I'll talk to you soon.
Dawn D'Amico: 215.962.9307
damico.dawn@gmail.com
