7 Home Owner
Steps to becoming a
1Shop for a Mortgage A professional and experienced mortgage broker will help you determine how much you can afford on your new home
2Loan Approval Your mortgage broker will help you get approved by a financial institute. You’ ll then receive an approval letter, which you’ ll need to place an offer
3Search for your New Home Find yourself an experienced real estate agent to help you in this important process, especially one who understands your needs, wants and price range.
4Place an Offer Your agent will be able to negotiate the best price possible. Never offer a price that you are not comfortable with
7Close the Deal Closing can be done either in person or via email
Celebrate!
5 Settle on a Price
Seller may accept, deny or counter your offer at a higher price, After agreement you will be able to submit a security deposit and enter into a binding contract
6Due Diligence Ask your realtor to refer you to a certified inspector to conduct a full inspection of the property.
www. reimag. co. za Residential E-Book 2016 9