How to Buy a Home in Stockton: Rent VS. Buy
The question comes up all the time in my Real Estate practice: is it better to buy or rent? Buying a home is a big decision and it takes careful preparations. The first step is assembling you home buying team, because buying a home is a team sport. The team is composed of a Realtor, Loan officer, title company, appraiser and home inspectors.
Steps in the Home Buying Process
Ø Preapproval for a loan: It’s important o know how much home you can afford, the down payment required, monthly payment and most important the type of loan program that is the best for you: conventional loan, FHA loan or VA loans.
Ø Putting Together Your Home Team: The process for a new homebuyer can be confusing and has quite a few steps. Choosing the right Realtor, Loan office, Title Company, appraiser and home inspectors is extremely important to the process. It is important that your team effectively communicate with you. Choose the team that listens to you and is interested in helping you reach your goals
Ø The Purchase Offer: After you obtain your loan approval it’s time to shop for your new home. The last step is making the offer through your Realtor who will present and negotiate your offer with the listing agent and seller.
Ø The Offer is Accepted: Once you receive an accepted offer, the real work begins. The due-diligence period starts and you must meet the timelines in the contract for final loan approval, appraisal, inspections and other terms in the purchase agreement. After all the terms and conditions are satisfied it time to move to your new home.
The Lilly Team with PMZ Real Estate has been guiding home buyers to achieving home ownership for almost thirty years. Call Hugh today for your home buyers’ consultation. Call Hugh at 209-479-9222 or email us at thelillyteam@comcast.net , visit our web-site at www.hughlilly.com .
Stockton Neighborhoods: Brookside, Lincoln Village, Morada, Morada Ranch, Beck Ranch Spanos Park, West Spanos Park, Weston Ranch, Port of Stockton, UOP.
Stockton and Lodi Zip codes: 95208, 05204, 95205, 95206, 95207, 92209, 95210, 95212, 95215, 95219, 95242. 95240
Real Estate Multiple Listings: Bank owned homes, Stockton and Lodi Foreclosures and REO’s, Homes in Stockton, Homes in Lodi, Stockton California Listings, Stockton MLS Listings, Lodi MLS Listings, Ca Real Estate, Home Buyers, Stockton Homes for Sale, Lodi Homes for Sale, Stockton Short Sales, Brookside homes for sale, Spanos park home for sale, West Spanos Parke Homes for sale, Old Morada, Golf Course homes, Luxury homes, waterfront homes, Country homes Lodi Short Sales, Stockton Short Sale Specialist, Lodi short Sale Specialist.