Buying a home in Portland Metro is one of the biggest investment decisions you will ever make. Whether you are buying your first home, looking for your dream home or building an investment portfolio, our team of experienced real estate professionals can help you successfully realize your goals. To help you get started check out our eight steps to homeownership below …
Purchasing a home is a great investment that provides specific financial advantages, including equity buildup, value appreciation potential, and tax benefits. There is never a wrong time to buy the right home. The most important rule for keeping your stress to a minimum is that you don’t have to know everything—leave that to your real estate agent.
As buyer representatives, our job is to help you find your perfect home, while protecting your interests throughout the buying process. During our initial consultation, you’ll receive the SkyBlue Portland Home Buyer’s Guide, which gives an introduction to the home buying process. Contact us at email@example.com or call 503-936-3373 to get started.
During this process, one of our preferred lenders reviews your income, assets, credit history, debt, and expected down payment to determine how much you qualify to borrow. To get pre-approved for a home loan, contact us to refer you to one of our preferred lenders.
After we determine your price range, we narrow your search criteria based on your needs, wants, and preferences. To find your perfect Portland area home, SkyBlue Portland subscribes to the Multiple Listing Service (MLS), which gives us access to every home currently on the market regardless of listing company. Our MLS Search enables you to customize searches and save your favorite homes.
After we find your perfect home, we research comparable homes to provide suggestions for an offer price, closing credits, settlement and occupancy dates, items to convey, and other contingencies. The seller then has the option to either accept, reject or counter offer. Your offer becomes a binding contract when the buyer and seller agree on its specifics.
After the contract is mutually agreed to and signed, we recommend that the buyer get a professional home inspection, radon inspection, and sewer scope. These inspections provide information the buyer needs to move forward with or renegotiate the purchase. During this time, the buyer reviews Home Owner’s Association documents, CCRs, and seller’s disclosure statement.
On signing day, you meet with your escrow officer. Your escrow officer reviews all paperwork with you, and you sign it. Be aware that in Oregon, the final closing of your purchase transaction may in some instances take up to three business days after signing.
We recommend that home buyers investigate purchasing a home warranty service agreement. This coverage begins at closing and continues for one year from the closing date. Home warranties can protect you against unexpected costs with heating, air conditioning and heat pumps, kitchen appliances, plumbing, electrical and garage door openers, and roofs.
Give me a call to discuss your home buying wants and needs. I’m always happy to help!
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