Secure Financing if Needed:

  • Contact your mortgage broker or lender if needed
  • Have your attorney conduct a title search to ensure there are no clouds on the title
  • Make sure you understand the financing terms - ask the lender for clarification, if needed.
  • Acquire title insurance.
  • Keep your credit score stable and in-check by waiting to purchase any big-ticket items until AFTER the closing
  • Get homeowner's insurance quotes 

Closing and After:

  • Do a final inspection of the home you are buying on the day before or day of closing.
  • Be sure you understand what funds are needed for closing day and how you should bring them, (i.e. Cashier or bank check, made out to who, how much, etc.)
  • Ensure your homeowner's insurance (flood, disaster and fire if special policies are needed) are  in place for day of closing, be sure your lender has the insurance binder. 
  • Set up utilities to be in your name and turned on for your day of closing if you plan to move right in.
  • Keep original closing documents in a safer place, preferably outside the home (such as a safety deposit box).
  • Move in - get to know your neighbors and explore your new neighborhood.
  • If you're happy with the work of your real estate professional, be sure to recommend them to friends and family.

The Home Buying process: ​

Buying a home can be a long and challenging process, but if you know the steps to take, prepare in advance, and work with a Realtor® that knows the local market, the process can be much less stressful and your chances of success much greater.

Steps to take BEFORE you start shopping for a home:
  • Build a good credit history
  • Get mortgage pre-approval (unless you are a cash buyer)
  • Find out what type of mortgages you qualify for 
  • Save up for a down payment (typically 10-20% of the property's value; if FHA-qualified, then possibly less)
  • Consider closing costs which can include taxes, attorney's fees and transfer fees
  • Consider utilities and monthly bills, such as homeowner's associations if applicable

Find the right Realtor®:

  • Use the Contact Uspage to drop us an email or call to set up an appointment to meet with one of our Realtors®
  • Decide if you want representation. You can be an unrepresented Customer or a  Client of a Realtor®.  Your agent will explain these options in person when you meet. Click here to download a copy of The Vermont Real Estate Commission Mandatory Consumer Disclosure. 
  • Determine what is important to you, such as particular schools, neighborhood amenities, monthly mortgage payment, public transportation, walkability, etc. and discuss these needs with the Realtor® you will be working with.

Find the Right Property:

  • Look at properties that match your needs/wants and are within the price range you are can afford.
  • Place a competitive bid and be prepared to make a counter-offer. Make your offer contingent upon title clearance and any other terms you may need like financing, sale of your current home, etc.
  • Consider hiring an attorney to review all contracts and agreements associated with the home buying process
  • Read all contracts before signing - make sure you understand all terms, ask questions.
  • Remember, only one offer will result in a sale, so be prepared to move on if your offer is not accepted or you can't come to agreeable terms.
  • Arrange for a home inspection by a licensed home inspector as well as any other tests, such as water quality, radon, and septic inspections as needed.

Copyright 2016 - Adirmont Real Estate, LLC  All rights reserved.

Agency Relationship Disclosure to Prospective Buyers: 
​The properties that I send you are listed properties with my office or other MLS real estate offices. Unless you and I enter into a Buyer/Broker Right to Represent Agreement, I will be an agent for the seller in any transaction and the seller will compensate me at closing. 

Click here to download a copy of:

The Vermont Real Estate Commission Mandatory Consumer Disclosure.