From developing your budget to signing the closing documents, learn more about the home buying process.
Preparing to buy a home in St. Louis?
Buying a home can be one of the most exciting experiences of your life. This can be true whether you've purchased several homes of you're preparing to buy for the first time. With a great plan and the help of Tracy Hess, your RE/MAX Integrity professional, you will make an informed decision about your next home. When you're trying to find the perfect home, get everything on your wishlist and sticking to your budget, our agents understand how to help you navigate the home buying process.
Our guide breaks down the steps of buying a home so you can start the process feeling confident and prepared. From developing your budget to signing your name on the dotted line, you'll find helpful tips right here. Plus, we are here to help every step of the way. Please feel free to contact our staff with any questions you have about getting your home search started.
Your Home Buying Guide
The Tools to Help You Find Your Home
Once you've defined your home search goals, discussed them with Tracy, and have spoken with a mortgate processional to see what your buying power is - you're ready to find your dream home! In addtion to our knowledge of the local market, we offer online tools that can help make your initial search as easy as possible.
Use Interactive Search Tools
We know that location plays an important role in the home buying process. Use the pap search available on our website to view homes located in or near the area you love. Create an account and start saving searches to ensure you're always alerted when something with your criteria is listed.
Get to Know the Neighborhood
Feel confident and informed about your neighborhood choice! On any listing page, you can learn more about the communities you are interested in, including a breakdown of the local population, school ratings and more. With these tools, you'll feel like you've lived there for years!
Top Tips for 1st Time Home Buyers
Be sure to budget carefully as you prepare to purchase a home. It can be tempting to max-out your budget in search of a large home, but that large home could be difficult to pay for if someone loses an income.
Keep Finances Consistent
When a lender is underwriting your loan, it's important to not make any large financial moves unless asked to do so by the lender. Don't take on new debt, don't make any large payoffs, don't change bank information, etc,
Do Your Research
Before you choose your next home, it's important to research the area to find about schools, crime and other important information. You'll also want to plan out where you'll get groceries, how you'll get to work and more.
In the competitive St. Louis real estate market, it's not uncommon to have an offer or two rejected. Don't get discouraged, the right home will eventually come along.
There's a lot to learn about your future home and the inspector can help that process. Attending the inspections will allow you to see any problems first-hand, as well as talk with the inspector about possible repair costs and any other additional issues you may need to worry about. Small details and important information can be missed when you only review the inspection report after-the-fact.
Coordinate Closing & Possession
Closing & posssession are stipulated in the contract. Pay extra attention to this part of the contract when making plans to hire movers, have appliances delievered and other things that may be scheduled for move-in day!
Schedule Utilities in Advance
Save yourself the hassle and schedule your utilities in advance. Call your utility company and have your service turned on or swtiched to your name effective on the closing date. This way, there won't be any time spent in the home without essential utilities such as electricity, gas and water.