Call (253) 999-2371 Paul Chunyk is a Realtor in Tacoma, WA. See our new homes for sale in Tacoma, Washington, and all of Pierce County. Search the Tacoma Real Estate Market - condos, mansions, luxury homes, and more

7 Steps To Begin The Home Buying Process

The home buying process can seem overwhelming since it requires lots of time and research, however, it’s important to make the effort because you ultimately want to find the perfect home for your family. These seven steps will give you a better idea about how home buying works and hopefully clear up some of the questions you may have.

Start Researching

Browse home listings online, with a mobile app, or the old- fashioned way- in newspapers. See what type of house catches your eye. This can help you figure out what you’re interested in later on. Pay attention to how long the houses have been on the market and any price fluctuations. This can give you a general idea of the area’s real estate trends that a real estate professional can explain to you in more detail. A great resource to get is a Housing Market Report for areas you are interested in.

Determine Your Budget

Take the time to calculate how much you will be able to afford for a down payment, monthly mortgage payments, and utilities. There are numerous mortgage calculator websites that are available to help with this process. Be sure to also calculate the cost of any new furniture that needs to be purchased, remodeling projects, and any other costs you think you may have. Once you’ve done that, you’re ready to figure out how much you can spend on a home.

Get A Real Estate Agent

Don’t get yourself caught in the web of forms, financial information, pricing, and negotiating. It is in your best interest to work with a real estate agent since they are professionals in this realm- they can provide information on the market that you wouldn’t be able to find on your own. Using a real estate agent won’t cost you a dime since they are paid off of the commission of the seller’s property. Paul Chunyk has worked in the real estate industry since 2001. He utilizes marketing techniques to provide his clients with the best competitive advantage. Plus, as a realtor with Compass, he can offer outstanding products like Bridge Loans and Concierge Service to get your home sold quicker and at top dollar.

Start Your House Hunt

Take a drive or go on tours of the houses that have caught your eye and are in your price range. You’ll be viewing several homes, so it may help to take pictures and jot down notes for each property. When touring a house, pay special attention to see if the water is running properly in the sinks and flip the light switches to make sure the electrical system functions correctly. Note the schools and shopping centers near the house, especially if you have kids or plan on starting a family. Work with your real estate agent to find the right home that fits your needs and interests.

Request A Home Inspection

Once you have found the right house but before you sign the papers, have a professional perform an inspection. A home inspection is probably the most important step in the buying process. A professional inspector will make sure the house is in a stable, working condition by examining the entire house to determine its safety level and bring to light any issues. The inspection lowers the stress and risks of purchasing a home. If the inspection provides positive results, you are one step closer to moving in. If there are negative results because of a leaky pipe or unstable roof, talk to the sellers to see if they can cover those costs or lower the asking price so you can do the repairs.

Close The Sale

It’s vital to have a home inspection before closing the deal. Determining a date for both parties to close may be the biggest struggle since the seller may need to wait until they move into their new property or until your current lease ends. Remember the closing costs such as a down payment, inspection fees, attorney fees, and anything else of that nature. Once you have closed the deal, you are ready to move into your new home!

Contact Paul Chunyk

Reach out to me, I would love to give you more details and get you headed in the right direction to accomplish your goals.

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