The Buying Process
Buying a home is exciting. However, it can also be intimidating and a little stressful not knowing what to expect. Below is a little more information on the process so you know what to expect. See diagram below showing the steps of the home buying process.
Cash Flow
Want to know how much money you need before looking for your next home? Below is a timeline and layout of costs incurred by the buyer when purchasing a home.
Financing Your Home Purchase
If you need to obtain a home loan (mortgage) to complete the purchase, I will assist you in the process.
• Being pre-approved can put you in a stronger negotiating position and can save time in the loan approval process.
• I can put you in touch with experienced home mortgage consultants through our relationship with [your preferred lender]
• Various financing options may be available to you, including
- Fixed rate mortgage
- Adjustable rate mortgage (ARM)
- Government-assisted (FHA or VA) financing
- Seller-assisted financing
• You can expect the lender to ask for standard information regarding your income, expenses and obligations
Loan Application Checklist
The following information is typically needed when applying for a mortgage.
Purchase contract and property information
Personal information
Employment history and income
Assets
Liabilities and debts
Fees
THE LOAN PROCESS…Getting From Contract to Close
Real Estate in the Dallas/Ft Worth Metroplex is our specialty. Whether you are a first-time home buyer, relocating to DFW, moving up, or downsizing - James Williams and his team are here to help! Helping Families Buy, Sell, and Build Since 1999
Our website features the best real estate search for homes, condos, land and foreclosure properties available. You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.
Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your in your neighborhood! Considering selling or refinancing your home? Get an INSTANT property valuation now!
Contact us today to find out how we can be of assistance to you!
Here is a brief overview of what you can expect to experience throughout the loan process.
Real Estate in the Dallas/Ft Worth Metroplex is our specialty. Whether you are a first-time home buyer, relocating to DFW, moving up, or downsizing - James Williams and his team are here to help! Helping Families Buy, Sell, and Build Since 1999
Our website features the best real estate search for homes, condos, land and foreclosure properties available. You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.
Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your in your neighborhood! Considering selling or refinancing your home? Get an INSTANT property valuation now!
Contact us today to find out how we can be of assistance to you!
4 Basic Home Loan Types
Real Estate in the Dallas/Ft Worth Metroplex is our specialty. Whether you are a first-time home buyer, relocating to DFW, moving up, or downsizing - James Williams and his team are here to help! Helping Families Buy, Sell, and Build Since 1999
Our website features the best real estate search for homes, condos, land and foreclosure properties available. You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.
Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your in your neighborhood! Considering selling or refinancing your home? Get an INSTANT property valuation now!
Contact us today to find out how we can be of assistance to you!
FHA – Federal Housing Authority
Real Estate in the Dallas/Ft Worth Metroplex is our specialty. Whether you are a first-time home buyer, relocating to DFW, moving up, or downsizing - James Williams and his team are here to help! Helping Families Buy, Sell, and Build Since 1999
Our website features the best real estate search for homes, condos, land and foreclosure properties available. You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.
Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your in your neighborhood! Considering selling or refinancing your home? Get an INSTANT property valuation now!
Contact us today to find out how we can be of assistance to you!
Conventional
Real Estate in the Dallas/Ft Worth Metroplex is our specialty. Whether you are a first-time home buyer, relocating to DFW, moving up, or downsizing - James Williams and his team are here to help! Helping Families Buy, Sell, and Build Since 1999
Our website features the best real estate search for homes, condos, land and foreclosure properties available. You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.
Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your in your neighborhood! Considering selling or refinancing your home? Get an INSTANT property valuation now!
Contact us today to find out how we can be of assistance to you!
USDA – United State Department of Agriculture
Real Estate in the Dallas/Ft Worth Metroplex is our specialty. Whether you are a first-time home buyer, relocating to DFW, moving up, or downsizing - James Williams and his team are here to help! Helping Families Buy, Sell, and Build Since 1999
Our website features the best real estate search for homes, condos, land and foreclosure properties available. You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.
Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your in your neighborhood! Considering selling or refinancing your home? Get an INSTANT property valuation now!
Contact us today to find out how we can be of assistance to you!
VA – Veteran Affairs
Real Estate in the Dallas/Ft Worth Metroplex is our specialty. Whether you are a first-time home buyer, relocating to DFW, moving up, or downsizing - James Williams and his team are here to help! Helping Families Buy, Sell, and Build Since 1999
Our website features the best real estate search for homes, condos, land and foreclosure properties available. You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.
Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your in your neighborhood! Considering selling or refinancing your home? Get an INSTANT property valuation now!
Contact us today to find out how we can be of assistance to you!
Understanding Estimated Monthly Payments
Real Estate in the Dallas/Ft Worth Metroplex is our specialty. Whether you are a first-time home buyer, relocating to DFW, moving up, or downsizing - James Williams and his team are here to help! Helping Families Buy, Sell, and Build Since 1999
Our website features the best real estate search for homes, condos, land and foreclosure properties available. You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.
Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your in your neighborhood! Considering selling or refinancing your home? Get an INSTANT property valuation now!
Contact us today to find out how we can be of assistance to you!
Real Estate in the Dallas/Ft Worth Metroplex is our specialty. Whether you are a first-time home buyer, relocating to DFW, moving up, or downsizing - James Williams and his team are here to help! Helping Families Buy, Sell, and Build Since 1999
Our website features the best real estate search for homes, condos, land and foreclosure properties available. You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.
Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your in your neighborhood! Considering selling or refinancing your home? Get an INSTANT property valuation now!
Contact us today to find out how we can be of assistance to you!
My Commitment to You
Real Estate in the Dallas/Ft Worth Metroplex is our specialty. Whether you are a first-time home buyer, relocating to DFW, moving up, or downsizing - James Williams and his team are here to help! Helping Families Buy, Sell, and Build Since 1999
Our website features the best real estate search for homes, condos, land and foreclosure properties available. You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.
Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your in your neighborhood! Considering selling or refinancing your home? Get an INSTANT property valuation now!
Contact us today to find out how we can be of assistance to you!
Real Estate in the Dallas/Ft Worth Metroplex is our specialty. Whether you are a first-time home buyer, relocating to DFW, moving up, or downsizing - James Williams and his team are here to help! Helping Families Buy, Sell, and Build Since 1999
Our website features the best real estate search for homes, condos, land and foreclosure properties available. You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.
Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your in your neighborhood! Considering selling or refinancing your home? Get an INSTANT property valuation now!
Contact us today to find out how we can be of assistance to you!
