Contact Us
Office
2219 York Rd Ste 304
Lutherville Timonium MD 21093
Buying a home is one of the most exciting milestones of your life. To prepare yourself for this moment, you need to know what to expect during the process. This step-by-step first time buyer’s guide created by our team will help reduce the stress of buying a home and help you enjoy the journey as much as possible.
It’s important when purchasing a new home, to have all the facts you need to make an informed decision and The Gene Dru Property Group of eXp Realty has extensive experience and local housing market knowledge in Baltimore County & Baltimore City to help you do just that. We will work with you to ask all the necessary questions and gather important information about exactly what you are looking for, including many factors and features that will be driving your home purchasing decision. We will then go to work, based on your unique and specific criteria, to find the perfect home for you.
Getting everything together for financing a new home can be daunting. However, it is crucial to ensure you have the strongest financial footing for when we find you that perfect home. At The Gene Dru Property Group of eXp Realty we have a network of trusted lenders and when you work with us, our network becomes your network. With their help, we can determine exactly how much you can afford and will get you formally pre-approved for a home loan so we can start exploring your options.
The excitement of buying a new home starts with the search. By combining your financials with our market analysis, we will use our expertise to narrow down a list of potential homes that check off all your boxes. Then, the fun begins as we start to visit each property and compile a list of pro’s and cons for each home to be used to narrow down our current selection and/or for future property searches.
When buying a home, your initial offer is a critical part of the process because it has to meet both buyer and seller expectations, and initiates the home buying and negotiating process. The Gene Dru Property Group of eXp Realty will help you determine a fair, data-driven offer based on our in-depth market analysis and will then utilize our years of experience, market expertise, and relationships to negotiate the best deal for you.
Once your offer is accepted by a seller, the next step is to get a complete home inspection to get a full understanding of the condition of your home, including what isn’t visible to the naked eye. We will provide you with a trusted home inspector and carefully review the results with you and make recommendations based on the results. This is another crucial part of the process, as it can serve as a negotiating tool, as well as offers strong assurance and peace of mind for your new home purchase.
The Gene Dru Property Group of eXp Realty has years of experience and expertise to ensure the final and most crucial stages of your home loan approval are not overwhelming. We will monitor and update you on the progress of your home buying transaction and keep you informed of any updates and/or items needed along the way. And once we get the financing approval, or “clear to close” you’ll be in the final stretch towards homeownership.
The closing or escrow process takes a lot of work, time, and effort from all parties and The Gene Dru Property Group of eXp Realty will be by your side every step of the way. Once completed, after receiving clear to close, we will conduct a final property walk-through with you to ensure any items that needed to be addressed have been completed, as well as to ensure nothing has changed with the condition of the home. Then we’ll schedule settlement, and once both parties have signed all necessary documents, your new home is officially yours, and it’s time to celebrate!
After signing the final paperwork to complete the purchase, you are now the owner of a new house. It may take a few days for your loan to be funded once the paperwork has been returned to the lender, but once that check is delivered to the seller, you’ll be all set to move into the home of your dreams.