Buying a home is an important purchase but it doesn't have to be stressful. We have put together a home buyer's roadmap to give you some guidance on what to expect when you're going through the process of purchasing a new home.

1. Initial Consultation With Your Local Agent

• Write out your home needs and wish list
• Prioritize your needs and wants
• Find a local market expert
• Get guidance and get educated
• Sign a Buyer's Brokerage Agreement

2. Get PreApproved For a Home Loan

• Speak with a Lender. We here at Gailey Enterprises have some great suggestions we can make for possible lenders.
• Credit check 
• Obtain preapproval from your lender of choice
• Formal commitment by the lender to extend credit

3. Start Your Home Search

• Set up a custom home search
• Discuss needs and wants with your agent
• Select homes you are interested in 
• View homes

4. Make An Offer On Your New Home

• Strategize and prepare a strong offer based on current market trends
• Seller concessions
• Closing date
• Contingencies 
• Earnest money
• Review and present an offer

5. Contract Negotiation & Acceptance

• Negotiate any counter-offers
• Agent and buyer work closely
• The goal is to have a win/win for all parties involved
• Execute contract

6. Contract Deadlines

• Monitor all deadlines
• Inspect the property
• Renegotiate any items on the contract if needed such as inspections, title, and appraisal.

7. Loan Process

• Submit all required documentation
• Appraisal 
• Secure underwriting approval
• Do not make any large purchases
• Final credit check

8. Closing

• Title work
• Lender loan funds
• Deed is recorded
• Cash at closing as wire or certified check
• Receive Keys

9. Move Into Your New Home

• Transfer or establish utility services
• Submit a change of address
• Take possession of your new home