Team Players

Team Players

by Michael Haynes,

Supervisor, HomeOwnership Center

Buying a home for the first time? If so, you’re going to need the right team… Pick your team wisely and win the game!!! 

You have made the decision to become a homeowner and want to make sure that the process moves at a controllable pace. Picking the right players to be a part of your home buying team will help you maintain control of the home buying process and ensure that you are informed at each step. There are (5) key players that you should have on your home buying team.

The first key player is your lender. The lender provides the funds to purchase the home and has a significant role in the closing process. Pick a lender that offers the best mortgage product applicable to your credit rating, financial reserves and desired town of residence.

The second key player is your realtor. The realtor helps you with finding homes based on the home you want and need. Find a realtor who is very familiar with the housing market in the areas in which you want to buy, understands first time home buyer programs, and is accessible.

The third key player is your home inspector. The home inspector will give you a good idea as to the livability and functionality of the home. Pay attention to your home inspection report and be sure to ask questions.

The fourth player is your attorney. Choose an attorney that specializes in residential closings and has experience with the closing process for first-time home buyers. Your attorney will play a major role in coordinating the closing process. The attorney helps to make sure that you, the seller, and the lender are on the same page and have all necessary items needed to close.

The fifth key player is your homeowners’ insurance agent.  Make sure you understand the type and amount of insurance you need to cover your home. Homeowners’ insurance can help to protect you from liability against property damage and injury that takes place on your property.   

The right home buyer team can help to make your home buying process smooth and steady. Think of yourself as the team manager…  Every team manager needs an experienced coach to help motivate the players. Let us be your coach and help to make sure your home buying process moves according to plan. Give us a call so that we can create your home buying team together.