For first-time homebuyers, the process of purchasing a property can be overwhelming. Here are the steps to follow:

Determine your budget and get pre-approved for a mortgage.

This should always be step 1 however it is often overlooked as most people go back to step 1 after finding a property of their dreams only to find out that they could have dreamt bigger or that they should have dreamt smaller either way prevent the nightmare and come and speak to IMC first.  We would always recommend talking to us even if you are just considering a property purchase in a year or so as we are experts in getting you mortgage fit for the future.

Find a property that meets your criteria.

Don’t just rely on the digital world to find a property as a close working relationship with an estate agent will often pay dividends.

Visit as many properties as you can and make an offer.

This is when working with an estate agent may just secure the home you want.

Get a home inspection to ensure the property is in good condition.

Close the sale and take ownership of the property..

Secure homeowner’s insurance.

Remember to also consider additional costs like property taxes, closing costs, and moving expenses. Take your time and do your research to make informed decisions.

Finally ask IMC to write your Will and ensure you have adequate life insurance protection now you have this additional responsibility.