Are you purchasing your home in the Edmond, Deer Creek or OKC area? Weir Real Estate Investments can help.

With some planning ahead of time, purchasing a home isn't too hard, but the event is intimidating for a lot of people. So you understand exactly what to expect, we'd like to provide our buyers with an outline of the whole deal. Here are our nine steps to purchasing a home.

Shopping for homes? Click here to see our homes, or contact us today to get you more information on any home in the area.

Step 1 – Get ready to purchase a home
There are plenty of things you need to do before starting your home search. When you start your search, you'll want to put together a check list of items you need to have, get an idea of what school districts you want to live in, and start planning your budget. Ensuring your mortgage payment is no more than 30 percent of your net monthly income is a good rule to follow.

Step 2 – Talk to a real estate agent
This is where Weir Real Estate Investments comes in. We'd be happy to set up a time to get together with you and speak with you regarding your real estate needs and get an idea of your upcoming plans. We'll discuss everything from neighborhoods, school districts in the area, the mortgage and housing industries, and other economic factors that may affect your buying decision today or in the future.

In addition, we'll assist you with getting started on your loan. We work with some of the best mortgage professionals, so you can rest assured that you're in great hands. They will help you figure out which kind of loan is best for you, as well as help you get approved.

Step 3 – Begin looking
After our initial meeting, we'll start finding homes on the market that suit your needs. We'll research many of the homes, provide you with more information and schedule appointments to view the houses you're interested in seeing.

As we view homes, we'll ask you to tell us about the things you like and dislike. Most often, buyers update their list of must-haves as we tour houses and some things become more substantial than others. If that's the situation, we'll search the listings one more time and narrow it down to the home you've been waiting for.

Step 4 – Know the market
Your agent's knowledge of the home market is a crucial factor in your home search. And I assure you we're conscious of all the schools and neighborhoods.  We're studying property daily and are ready to give you the information you need to make timely decisions about property coming on the market and on the market.

As we tour houses, we'll be prepared to share neighborhood sales activity to support your interest and potential offer on a home in the area.  Our goal is for our market knowledge to help you stay a step ahead through the entire process. 

Step 5 – Find the home you've been looking for

We're confident we can help you find your dream home!  When that happens, we'll provide you with the resources and tools to put together a well thought out offer for you purchase, answering all of your questions along the way. 

When submitting your purchase offer, sellers will request your offer to include "earnest money." This is a cash deposit to secure your offer to purchase the property and is usually applied to the closing costs. If the seller accepts your offer, we should close on your home within about 30 to 60 days after offer acceptance. This allows necessary time for your mortgage financing, property inspections and title work.

Step 6 – Negotiate the deal
A lot of deals don't close on the initial offer, and it's widely common to receive a counter offer. Don't let it discourage you. We'll be there to talk you through the process and provide you with information to help you make decisions about the property value.  We'll use our experience with this process to give you all the tools to make the best offer that fits your means and interests.

Step 7 – Obtain your loan
Upon finishing the deal, you'll begin working with your lender to close the loan. This won't take very long at all if you're already pre-qualified, but you'll want to stay in close contact with your mortgage lender. And we'll manage all the property information your mortgage lender needs to close the loan.

You'll get a Good Faith Estimate (GFE) outlining closing costs from your lender within three days of receiving your application. The estimate depends on the loan amount, and follows strict loan requirement guidelines order that must fall within a strict range of accuracy.

Then we'll close on your home. This will likely occur at a title company or escrow office and should be a smooth and relaxing occurrence.

Step 9 – Move in
You made it! Now you can move into your new home. Enjoy it. And if you need anything, simply contact us at (405)505-7940 or send me an e-mail.

Looking to Buy?

Are you looking to buy a house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.

Your Information
Some Details