Get Pre-Approved
a. Pre-qualification is an estimate for credit
given by a lender based on information
provided by the borrower.
b. To get pre-approved, a lender will check
your credit and verify documentation to
approve a specific.
Also, this is the time to set a budget! The best way to start the home buying
process is to determine how much home
you can a ord. Try out a Home A ordability
Calculator to get started.
BEEN THERE. DONE THAT.
BUT YOU DON’T HAVE TO STAY there.
Tired of feeling stuck when it comes to the home buying process?
Find Your Realtor
Your real estate agent is an expert in the home selling process and is the one who will be “on your side” and watching out for your best interest. Discuss the type of home you're looking for, including style, price, and location.
Start Searching
This is the fun part! With your pre-approval letter in
hand, now is the time to find your dream home.
*As the home buyer in Texas, your
agent's commission is paid
by the seller of the home
in almost all circumstances.
This means your
representation costs you
nothing!
Offer Time
You’ve found the one. Now is the time to make
an o er. This is when your real estate agent
will shine in helping with the negotiation. A
purchase o er usually also requires including
an earnest money deposit.
An agreed upon period of time, stated in the
contract, which gives the Buyer the right to
terminate the contract for any reason. Normally, the
Buyer has the property inspected during the option
period.
Inspections
& Negotiations
After the o er is accepted and the contract is
signed, the Buyer has three days to deposit the
agreed upon amount of earnest money with the
escrow agent/title company.
The Buyer may hire a professional home inspector
to ensure the property is in good condition. This
must be done before the option period ends.
Tile Work
& Appraisals
Title examines public records to
determine ownership, liens and other matters
that could a ect the title, such as judgments,
bankruptcies, divorce, death, which require
further investigation by the title company before
closing can occur.
A home appraisal provides an independent and
impartial analysis of real property. At the end of the
appraisal, you will be provided with an accurate
estimate of the fair market value of the home being sold.
A home appraisal provides an independent and
impartial analysis of real property. At the end of the
appraisal, you will be provided with an accurate
estimate of the fair market value of the home being sold.
Sign, Sealed, Delivered
accompanying documents, and credit history are
analyzed by an underwriter for the lender, the home
meets appraisal requirements, and the loan is approved.
Homeowner’s insurance provides coverage for damage
to your house and other structures on the property where
your house is located.
The title company sends signed documents to
lender for final approval. All money is distributed.
You're Home!
The big day is here! You will be signing lots of paper. Make sure to bring valid unexpired photo identification such as a driver’s license or passport, your spouse, a cashier’s check if you are bringing cash to closing, as well as any additional documentation requirements. If you have initiated a wire transfer to send funds electronically, be sure to verify receipt of funds with the title company.
1.
2.
3.
4.
5.
7.
6.
8.
Get Pre-Approved
a. Pre-qualification is an estimate for credit
given by a lender based on information
provided by the borrower.
b. To get pre-approved, a lender will check
your credit and verify documentation to
approve a specific.
Also, this is the time to set a budget! The best way to start the home buying
process is to determine how much home
you can a ord. Try out a Home A ordability
Calculator to get started.
BEEN THERE. DONE THAT.
BUT YOU DON’T HAVE TO STAY there.
Tired of feeling stuck when it comes to the home buying process?
Find Your Realtor
Your real estate agent is an expert in the home selling process and is the one who will be “on your side” and watching out for your best interest. Discuss the type of home you're looking for, including style, price, and location.
Start Searching
This is the fun part! With your pre-approval letter in
hand, now is the time to find your dream home.
*As the home buyer in Texas, your
agent's commission is paid
by the seller of the home
in almost all circumstances.
This means your
representation costs you
nothing!
Offer Time
You’ve found the one. Now is the time to make
an o er. This is when your real estate agent
will shine in helping with the negotiation. A
purchase o er usually also requires including
an earnest money deposit.
An agreed upon period of time, stated in the
contract, which gives the Buyer the right to
terminate the contract for any reason. Normally, the
Buyer has the property inspected during the option
period.
Inspections & Negotiations
After the o er is accepted and the contract is
signed, the Buyer has three days to deposit the
agreed upon amount of earnest money with the
escrow agent/title company.
The Buyer may hire a professional home inspector
to ensure the property is in good condition. This
must be done before the option period ends.
Tile Work& Appraisals
Title examines public records to
determine ownership, liens and other matters
that could a ect the title, such as judgments,
bankruptcies, divorce, death, which require
further investigation by the title company before
closing can occur.
A home appraisal provides an independent and
impartial analysis of real property. At the end of the
appraisal, you will be provided with an accurate
estimate of the fair market value of the home being sold.
A home appraisal provides an independent and
impartial analysis of real property. At the end of the
appraisal, you will be provided with an accurate
estimate of the fair market value of the home being sold.
Sign, Sealed, Delivered
accompanying documents, and credit history are
analyzed by an underwriter for the lender, the home
meets appraisal requirements, and the loan is approved.
Homeowner’s insurance provides coverage for damage
to your house and other structures on the property where
your house is located.
The title company sends signed documents to
lender for final approval. All money is distributed.
You're Home!
The big day is here! You will be signing lots of paper. Make sure to bring valid unexpired photo identification such as a driver’s license or passport, your spouse, a cashier’s check if you are bringing cash to closing, as well as any additional documentation requirements. If you have initiated a wire transfer to send funds electronically, be sure to verify receipt of funds with the title company.
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6.
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DOWNLOAD
While we are on helpful lists for House Hunting, another list is one that you will need to make. This is a "must have list."
This list lines out what your non-negotiable items are in your next home. This could also look like a "Need vs Want" list if that is more helpful to think about. Think location- including neighborhoods, number of stories, number of rooms, square footage, lot size. Do you want a pool, patio, deck, multiple garages? Continue listing all the musts.
You and your agent will use this as a touchstone throughout your search.
I remember starting the search for our home and the one thing that still sticks in my mind was after the 4th showing... I couldn't remember what one home had versus the other.
So to help you I have created a House Hunting List for you to fill out after every showing! Take these in the car and fill it out on your way to the next showing so at the end of the day - you remember what stuck out to you!
First Time Buyer
Click to
download
Hey there
I promise not to spam you, it will be once a month with a recap of what's been added to help!
FREQUENTLY ASKED QUESTIONS —
No. 1
A buyers agent is an agent that works with buyers as their sole representation in a transaction. This agent will help guide the buyer(s) through the process from getting a pre-approval to the closing table.
In Texas, except in rare cases, the buyers agent's commission is paid through the seller not the buyer! This free representation can be "paid forward" by referring the agent to friends and family!
The lowest down payment is 3% with a conventional loan, but first time homebuyers typically put down between 3-5%. The national average for a down payment is 11%.
No. 4
You do not need anything to contact an agent for help! After deciding on the agent that you want to work with, they will introduce you to a lender for pre-approval if you haven't taken that step yet.
No. 5
Yes! I have multiple different lenders to recommend for you to find the right fit. The pre-approval is typically good for about 90 days.
The Bonuses
key terms to know when buying and selling real estate!
click to
download
Appraisal
Contingencies
Escrow
Closing
Disclosure
CMA
HOA Resale
certificate
Survey
Survey
Coverage
Real Estate
Agent
Realtor
Title Insurance
Real
Property
-Katherine Hobbie
"Delaney is fabulous to work with! She makes everything make sense, is always positive, and goes to bat for you when she needs to. She is knowledgeable, can find answers fast if she doesn't have them, and makes you feel confident. I cannot recommend her enough!"
"We couldn’t have done it without her proactive approach and willingness to do what it takes! We could not be more thankful to have partnered with such a knowledgeable and passionate Realtor. We highly recommend Delaney Roberts to anyone looking to buy/sell a home."
Stephanie Huckaby
-Austin Baker
"Very helpful and professional throughout our apartment search. Hands on with a high level of communication. Highly recommend!"
-Patricia Young
"As a first time buyer, things can be confusing, but Delaney explained things at every step. Working with Delaney to find my first home was a great experience!"
-Sarah Sofa
"She took everything my roommate and I mentioned were important and stayed within those boundaries... we are so happy with where we are!"
-Allison Wells
"Although we are located in different cities, she was the single thread that connected all of the dots from feeling defeated to owning our own home."
