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Saturday, October 27, 2007

Steps in the Home Buying Process

1) Inspect your credit and fix any inaccuracies.
2) Research the buying process and loan options.
3) Shop for a loan and get preapproved.
4) Find a qualified and understanding real estate agent. As a buyer, your agent's commission will most likely be paid by the property's seller.
5) Shop for a home that fits your budget and needs. Keep a fair balance between making a logical and emotional purchase decision.
6) Make an offer. Don't be afraid to negotiate and ask the seller to contribute towards your closing costs.
7) Order an appraisal and home inspection. An appraisal ensures that the home is not selling for more than its worth. A home inspection ensures that you're buying a sound house.
8) Shop for homeowner's insurance.
9) Obtain a good faith estimate from your lender to review the entire loan picture.
10) Sign your closing documents. Be certain of the terms of the loan before signing documents. Bring any funds required for closing. Don't forget the keys to your home!

Contact:

Fabiola Fleuranvil, MBA
Re/Max Marketplace
(404) 437-0078
http://www.atlhomeforsale.com/
info@ATLHomeForSale.com

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