Steps to Homeownership

1. Decide How Much You Can Afford
To be competitive in today’s market you need to be qualified by a lender and obtain a certified pre-approval.

2. Hire your Ogden Agent Under Buyer Agency
Buyer agency is an arrangement in which your Ogden professional works exclusively for you, not the seller, representing your best interests.

Your Ogden agent will:

• Analyze your wants and needs in a home
• Search for and show homes that fit your criteria
• Educate you on current market conditions
• Negotiate on your behalf
• Coordinate the work of other needed professionals throughout the process
• Keep an eye on deadlines
• Solve any problems that may arise

3. Find A Home
What is your property wish list? Your Ogden agent will provide an easy checklist to help you prioritize and make the home shopping process less time consuming.

4. Make An Offer
You found that perfect home. Now what? The next step is to make an offer.

Your Ogden agent will:

• Research similar properties in the neighborhood to help determine the market value and a fair price
• Cover financing and other contingencies you may need in your contract
• Explain earnest money and other terms

5. Perform Due Diligence
A professional home inspection is a must because it will expose hidden issues that you might not have seen. An inspection reveals the need for replacements or repairs before you buy, for fewer surprises and that extra peace of mind.

6. Close the Transaction
Now that you have made your offer, applied for financing, and had your home inspection, you are approaching the finish line.

Your Ogden agent will:

• Communicate at least once a week with you and your lender so that all mortgage steps are being completed
• Conduct a final walk-through of your new home
• Confirm the closing time and place, making sure you have the settlement statement, certified funds to close, and homeowner’s insurance
• Help you with any needs such as arranging movers or transferring utilities