There are few events as exciting as finding the perfect home! But don't get too caught up in the excitement, there are still a few things that need to happen before you can officially call it yours. Complete these next steps and you'll have the keys to your new before you know it!

1. Make an offer they can't refuse
   The first step is getting your offer accepted. Our REALTORS® can help you make sure that happens. You'll see comparable sales and they'll give their advice on a fair price. They'll also make sure all the necessary details are in place to ensure the process goes smoothly.
   
   
2. Negotiate
   Optimally, you'll want your offer accepted as you submitted it. However, this doesn't always happen. If there are negotiations to be made, they'll happen at this time. The buyer may want to counter offer or there may be some other aspect of the contract that they would like to negotiate, such as the closing date.
   
   
3. Apply for financing
   Hopefully, you already have an idea what lender you are going to use for financing. Getting pre-approval ahead of time can make this process go faster and smoother, as your lender will already have some of the information they need to initiate the process. The actual applying and getting approved for the mortgage will take a little time. Your finances will be thoroughly scrutinized, a title search will be conducted and the loan will be sent through underwriting.
   
   
4. Get a home inspection
   The sale becoming final is usually contingent on the property passing a home inspection. This is a very necessary step and offers some protection for buyers. If the inspection turns up major problems that would be costly to fix or that can't be fixed, you have the right to back out of the sale. Most buyers get a general inspection, but depending on the results, other inspections may be required. Radon, pests, mold, and sewer inspections are just some examples of what else might be required.
   
   
5. Get an appraisal
   Your mortgage lender will have to have this in order to finalize financing. An appraisal is different from an inspection. The appraiser is a neutral third party that determines a fair market value for the property. Lenders don't invest in over-valued property since you would start off owing more than the property is worth, which increases their risk. If the appraisal shows the home is over-valued, you will have to go back to the negotiating table.
   
   
6. Get homeowner's insurance
   You'll want to shop around and make sure you are getting all the necessary coverage at a good rate. If your insurance will be part of the monthly mortgage payment, you will be required to pay a portion of the yearly premium into the escrow account at closing.
   
   
7. Do a final walk-through
   It's pretty rare that something would happen, but you'll still want to make sure the home is in the condition it was when you agreed to buy it. You don't want any unpleasant surprises. You'll also want to make sure any repairs done as a result of the inspection were completed satisfactorily.
   
   
8. Closing day
   Once everything is in place you'll have an appointment to sign the final paperwork. This is your last chance to make sure you understand everything. Once you sign everything and pay any additional money due, you get the keys. Congratulations! You're finally the owner of that perfect home!

Making that perfect home a reality for you doesn't have to be difficult. Contact Wright-Patt Realty to make buying homes for sale in Beavercreek easy.