The Purchasing Pathway for Home Buyers

Buying a home is exciting — and while the process is straightforward, following each step helps reduce stress and ensures a smoother path to ownership.

Step 1: Meet with Your Realtor

Your first appointment sets the foundation. Here, you’ll discuss your “needs and wants” as a buyer and begin aligning with your Realtor and, later, your Loan Officer. This early teamwork is key to a successful home search.

Step 2: Define Your Purchasing Parameters

Together, you’ll establish your priorities — location, price, style, and condition — so you know what matters most before you start looking.

Step 3: Get Pre-Approved

Pre-approval shows sellers you’re serious, strengthens your position in a competitive market, and helps you shop with confidence. It clarifies not just what you qualify for, but what you can comfortably afford. With your Loan Officer’s guidance, you’ll explore financing options and set realistic boundaries for your search.

Step 4: View Homes

House hunting is often a process of elimination. Touring different homes — even those that aren’t the right fit — helps you better understand what you truly value.

Step 5: Write Your Offer

Your Realtor will guide you through the purchase agreement, explaining the key sections and answering questions. Once your offer is accepted, you’ll submit an Earnest Money Deposit (EMD) to show commitment. This deposit is held by a neutral third party and applied toward your closing costs.

Step 6: Under Contract

Now, three important steps begin:

  • Loan Processing: Your Loan Officer prepares disclosures, helps you decide on locking or floating your rate, and orders the appraisal.

  • Home Inspections: With your Realtor, you’ll arrange inspections to learn more about the property and request repairs if needed.

  • Home Insurance: Contact your insurance agent to secure coverage, which is required before closing.

Step 7: Final Steps & Closing

As your loan moves toward final approval, you’ll complete a final walkthrough with your Realtor to ensure the home is ready. Then it’s time to sign your loan documents and close.

Congratulations — you’re officially a homeowner!