Source: https://youtu.be/0Sr1E7EraAg

So, you're ready and pumped up to buy a home here in Delaware. However, you are pretty unsure about where and how to start. Well, you've come to the right place. Indeed, buying a home involves many steps and can sometimes be complicated and stressful. 

But don't fret. We at Loft Realty are delighted to guide you and help you through it from start to finish. My name is Amanda, and let me walk you through the four (4) steps in buying a Delaware home. Let's jump right in.

1. Find a Realtor

First, you want to connect with a local realtor in Delaware. And not just any realtor; you want to associate yourself with a realtor who understands your wants and needs. Like me!

Here at Loft Realty, you’ll find a team of highly skilled and trusted realtors that deeply cares for your needs. Together, we’ll carefully discuss and get to know your current financial situation and the area that you're looking in. This way, we can give you recommendations tailored personally and find a perfect local lender fit for you. Once we get things moving, we can move to step 2.

2. Contacting a Lender

Yes, you need capital to buy a home. And so, it’s crucial to look for a lender that fits your needs. But, you may be worried about what questions they will ask you. 

Do you think they will judge you on your thousand DoorDash orders? Maybe you’re anxious they are going to dig up your credit history. Or, perhaps you’re afraid you don't have $100,000 saved in your bank account.

The answer to that is yes; they are going to check your credit score. And true enough, the higher the credit score, the more favorable the loan you'll receive. However, most lenders will only shoot for a minimum of a 620 credit score or higher. 

Another good news is that you don't necessarily need a hundred thousand dollars in the bank. They will just look for a minimum of 5% of the purchase price to cover your down payment and closing costs. Then, they will look at how long you've been at your job or any debts you currently have, just for reference. 

In other words, you need not be intimidated as you don't need a perfect financial situation to purchase your new home. As long as you know these minimums, you’ll be fine. So, with that out of the way, here comes the fun part!

3. House-Hunting!

It’s time to look at some houses! This step is where you and I will take the time to strategize and look at different neighborhoods, school districts, areas, and price ranges. At this point, we’ll drill down to your wants and needs, constantly looking and deciding on our options. 

And from there, we'll find your new home. At this point, we're ready for the fourth step.

4. Transaction Process

The transaction process can be a bit complicated, making buying a home intimidating. There are a lot of steps to it, but we here at Loft Realty have created a step-by-step buyer guide just for you. 

To gain exclusive access to our Delaware Home Buyer's Guide, click here or email us at Hello@LoftTeamDE.com, and we'll happily send it your way. So, if you are:

● A current homeowner who sees this crazy market and wants to strategize about how to time it
correctly;
● You haven't bought a home in a while, and you don't know the next step to get started;
● You've never purchased a home before, and you have no idea where to start; or
● You're one of those savvy people out there who want to gather all of the information and strategize before making a significant decision;

Then, our Delaware Home Buyer's Guide is for you. Feel free to reach out to me, Amanda DeFlippis, and I'll be
more than happy to serve you. Because here at Loft Realty, we are the difference you deserve.