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Buyers Checklist

Purchasing a home is one of the biggest decisions you will make, and one of the most complicated. The best thing you can do is begin with an overview of the process. These are the basic steps. Once you are ready, contact MRT and we will walk you through each stage as it arrives.

 

Here is a checklist for first-time home buyers in brief:

 

 

Buyers Checklist

  1. Consult MRT - Consultant with the Mackenzie Rae Team. We will walk you through the entire process
  2. Determine how much you can afford
    1. Income
    2. Debt
    3. Credit Score
  3. Mortgage pre-approval, can take 30 days or more. Contact a mortgage professional or allow us to recommend a local professional. 
    1. Proof of Income
    2. Proof of Assets
    3. Good Credit
    4. Employment Verification
    5. Documentation
  4. Search
    1. Set up an account 
    2. Receive new property notifications from MRT
    3. Visit Open Houses
  5. Submit an offer
    1. When working with MRT we will help you determine a fair offer
  6. Get a Home Inspection
    1. Understand what repairs are needed or may be needed in the near future
  7. Get an Appraisal
    1. An estimate of the value by a professional appraiser will be required by lenders
  8. Renegotiate if Necessary
  9. Close