Buying A New Home - Getting Prepared

 Here are the key steps to buying a home and how we can help make the process easier. It all starts here:

Step One: Loan Pre-approval

Before you begin to shop for a home, enhance your buying power by getting Pre-Approved or Pre-Qualified. Don't know the difference? We recommend that before you begin your house hunting, you begin the loan pre-approval process. Getting pre-approved requires that a lender verify your financial information, and it serves as their commitment to lend a specified amount based on that information. It will give you a number of advantages:
  • First: When you do find a property, sellers will take your offer more seriously given that you have a lender that has committed to backing your offer.
  • Second: It does give the assurance that you're looking at homes you can confidently afford to finance. Your efforts will be focused on properties that match your financing abilities.
  • Third: You'll have an edge over other buyers who aren't pre-approved. In situations where there are multiple offers on a property, this can be the difference between having your offer accepted or losing the property to another buyer.

Step Two: Learn the Market

Our service for home buyers is the most efficient way to search. Find the right home for you!

Step Three: Choose a Professional

Select an experienced professional to help you through the home buying process. If you've worked with us before, look up your Coldwell Banker associate. If you haven't, we'll help you find the right professional.

Step Four: Secure Your Mortgage

When you've found your home, Coldwell Banker makes it easier with one-stop shopping for a broad selection and guarantees to back up their promises.

Step Five: Moving to the Region

If you're making a move into the area, we are here to help you find the right community, a great agent and the perfect home.

Other Important Actions/Considerations When Buying

Figure out what you can afford

A visit to your local bank or lender is key to figuring out how much home you can afford. Finding the perfect home can be fun but not if you’re looking in the wrong price range.

Earnest Money, Down Payments and Other Fees

Also contracts require you deposit an agreed upon amount of earnest money. Keep in mind that most lenders will require a down payment and there may be other fees associated with the buying process such as inspection fees, closing costs or insurance.

Finding a home that fits your needs

A home is a major investment, so make sure you like it and that it will work for you in your future.


  • Quit your current job during the home buying process
  • Disconnect your phone or change your number
  • Move or change your address
  • Change any information that you’ve provided on our credit application