Buying a Home in Wellington Florida at a Glance (Infographic)

There are countless steps to buying a home in Wellington Florida, but here are 7 of the key steps to purchasing a home.

Step 1: Hire a Wellington Florida REALTOR

Finding a Wellington REALTOR is one of the most important steps when buying a home in Wellington Florida and the first Agent you speak with or meet may not be the right REALTOR for you. It’s important to find a REALTOR you’re able to establish a trusting relationship with and one you’re confident will be able to guide you through the entire buying process. When it comes to selecting a REALTOR I highly recommend reading reviews from their past clients, finding out their availability, and make sure they specialize in your area of interest. (Signs You Hired the WRONG Real Estate Agent)

Step 2: Get Pre-Approved for a Home Loan

If you’re not paying cash for your new home the next step will be to get pre-approved for a home loan so you know how much you can afford. If you’re not sure which lender to contact your REALTOR should be able to provide you with a list of great lenders they’ve previously worked with.

During the pre-approval process, your lender will be able to provide you with your estimated closing costs in addition to what your monthly estimated payment will be including property taxes, homeowners insurance, and HOA fees, if applicable. It’s also important to know the type of loan program you’re going with because not all properties qualify for certain types of financing and not all sellers will entertain certain types of financing (i.e. FHA or VA loans).

Step 3: Finding a Wellington Florida Home

Before you jump in your car to look at homes it’s important to discuss your needs and wants list with your REALTOR. However don’t be surprised if your home search criteria start to change as you view home, which is normal just make sure to communicate these changes with your REALTOR. While viewing homes I highly recommend pointing out your likes and dislikes of each property so your REALTOR has a better understanding of what you’re looking for.

Step 4: Submit an Offer

The time has come, you found a property! The next step will be to submit an offer, but keep in mind is there is more to an offer than the offer price secondary terms are important too! Learn more about submitting an offer on a Wellington Florida Home at I’m Ready to Submit an Offer on a Wellington Home, now what?

Step 5: Negotiations & Offer Acceptance

Unless the seller accepts your offer as written there may be some negotiations, which can lead to a fully executed contract or two parties who can’t come to terms and go their separate ways. If the seller received multiple offers you may be required to submit your Highest and Best offer. This is another example of why it’s imperative to have a great REALTOR who can guide you through the negotiation process.

Step 6: Start Loan & Inspections

Once you have a fully executed contract you’ll want to submit it to your lender, if you aren’t paying csh, so they can start your loan application. At this point, you’ll also want to schedule a home inspection, which even if the home is brand new I highly recommend having an inspection done.

Step 7: Close & Keys

The day has finally arrived, closing day! This is the day you’ll do a final walk-through of your new home, sign closing documents, and get the keys.

Final Thoughts

Buying a home in Wellington Florida at a glance is a pretty straightforward process. However, it’s not always that easy which is why it’s important to hire a top Realtor in your area to guide you through the process.

If you need help buying a home in Wellington Florida contact me today or start the process by filling out our Buyer Questionnaire below.

Name: *

Phone Number *

E-mail: *

How will you be paying for your new home? * Select an option belowCashConventional FinancingFHA FinancingVA Financing

Can you provide proof of funds or a pre-approval letter? * Select an option belowYesNo

When are you looking to move by? (Please provide the month) *

City/ Neighborhood of Interest? *

Style? Select an option belowSingle Family HomeTownhome/ VillaCondoDoesn't matter

Price Range? *

Number of Bedrooms? * Select an option below1+2+3+4+5+

Number of Bathrooms? Select an option below1+2+3+4+

Garage? Select an option belowNo1+2+3+Doesn't matter

Minimum Living Square Footage?

Swimming Pool? Select an option belowPrivate PoolCommunity PoolNo PoolDoesn't Matter

Gated Community? Select an option belowGatedNot gatedDoesn't matter

Additional information about your move:

Are you currently working with a REALTOR or Real Estate Agent? *

No

Yes, but considering hiring another REALTOR or Real Estate Agent

Yes

If you are human, leave this field blank.

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About the Author

Top Wellington Realtor, Michelle Gibson, wrote: “Buying a Home in Wellington Florida at a Glance (Infographic)”

Michelle has been specializing in residential real estate since 2001 throughout Wellington Florida and the surrounding area. Whether you’re looking to buy, sell, or rent she will guide you through the entire real estate transaction. If you’re ready to put Michelle’s knowledge and expertise to work for you call or e-mail her today.

Areas of service include Wellington, Lake Worth, Royal Palm Beach, Boynton Beach, West Palm Beach, Loxahatchee, Greenacres, and more.

Buying a Home in Wellington Florida at a Glance (Infographic)