Buying a new home is a process, which can be both exciting and stressful. Understanding the steps to this process will make it less stressful and more exciting. Here are seven steps you can expect when buying a Redondo Beach home.
Step #1 - Determine if you're Ready
Often, buyers will start the process without really thinking about whether they're financially and emotionally ready to buy a home. Make sure you are certain you plan to stay in Redondo Beach long term and you are ready before you start the home-buying process.
Step #2 - Find Financing
Unless you plan to lay down the cash for a home up front, you will need to secure financing before moving forward. By doing this first, you will know your price range for your new home. Make sure you're pre-approved for a mortgage before you start shopping.
Step #3 - Research
The right neighborhood makes all the difference when relocating to a new area. Make sure you know which schools your children will attend, what is nearby and the type of home you can expect to find in each neighborhood.
Step #4 - Start Shopping for a Home
Now, you can start looking at homes in your top neighborhood choices. Make sure you only look at the homes in your price range and it can be helpful to make a list of "must have" and "preferred" features.
Step #5 - Submit an Offer
Once you settle on a home you like, you can submit your offer.
Step #6 - Accepted Offer
If your offer is accepted, it's time to do the final paperwork and get everything in order. You will need home insurance, an appraisal and some of the other details, but you are in the final stages of buying your new home.
Step #7 - Take care of Safety
Moving in is more than just moving your things. Make sure you change the locks, check the smoke detectors and install a first-aid kit.