My husband and I decided to start our quest for a new home with a trip to the bank. We sat down and made a budget, worked out our finances and went to the bank. We got pre-approved for a mortgage and spent months searching for a new home.
We visited dozens of homes with our real estate agent. The market was hot, hot, hot! We would go and see a house that was obviously overpriced, and find out later that it had sold for $10,000 over the asking price.
We placed bids on 5 homes, including one that we were $1000 dollars away from getting. None of them were exactly what we wanted, but we were feeling the pressure as our lease was coming to an end.
We decided not to settle and continue to search for the home of our dreams. We got a call one morning about a home in the neighborhood we were interested in that had just come on the market. We went to check it out and immediately fell in love. It had everything we wanted in a home!
We decided then and there to have our real estate agent deliver an offer, at $10,000 less that the asking price. The homeowner came back with a counter offer of the asking price. Since the ball was now in our court, we were able to go back and look at it again, with fresh eyes. We decided it was worth the price and signed on the dotted line.
After a home inspection and a huge check, the home was ours! 3 months later we are still painting and there are definitely a few things that need to be repaired or changed, but we are a happy family in our new home.
We could not have done it without the help of our real estate agent. He navigated through all the forms and found us what we really wanted.