1. Understand your needs.

It is always a good choice to decide buying a new home. However, before you go out there to choose your ideal home, you must have understanding of your needs. You would want to ask yourself, you want to live in which kind of home and neighborhood. Make a wish list of all you want for your dream home. Then, get a real estate agent to go through the list and see if there is anything that matches the list requirements. You can make a more detail requirement so that it will be more effective in searching for your dream home. The best way to make a more detail requirements would be to divide the list into a negotiable and non-negotiable items. This will make things easier for your agent when looking for the homes.

2. Always get pre-qualified for a mortgage.

When you already know the home and neighborhood you want to live in, you need to calculate the price you can afford. Get a prequalification or pre-approval from the bank on a home loan. To begin with, your agent might introduce you to some mortgage brokers to start the process. When you are pre-approved by the banks, the sellers are more attracted to you than those who are not pre-approved.

3. House hunting.

This can be a very daunting activity. You will have to search for your dream homes. However, to make things easier, your agent cam notify you whenever there is a home for sale that match your requirements on the list so you can have a preview of the house. Most of the agents will send emails to notify the buyers but you can let your agent know which way you prefer to receive the notifications whether through the phone or email and fax.

It is also good for you if you can research a bit about the neighborhood by reading the local publications, contact the neighborhood association or even visit the local chamber of commerce. You can also surf the internet and drive around the town to get a better understanding.

4. Present an offer.

When you have previewed your dream home, it is time to make offer to the seller. Usually your agent will be determining the offer price on your behalf by reviewing the sales of properties with almost the same size to your dream home, the quality of the property and the type of amenities available for the property. Then, the agent will prepare a contract that contains all the details that must be completed by they buyer and seller to make sure to have a smooth transaction. Once the seller has accepted the offer, then the contract will automatically effective as binding agreement. Therefore, it is wise to review the rules and regulations and conditions before you present it to the seller. In case the seller would want to change the content of the document, it will be a binding agreement only when the buyer agreed with the changes.

5. Seal the deal.

Sometimes, you are lucky to have a seller who accepts your offer without much changes or no changes at all. However, there are times when the seller will make his own offer. Real estate agent's experience is very important to deal with such a seller. Negotiation is possible for every aspect when buying a house. Below is a list of items you might want to consider to negotiate when you have problem in closing the deal.

?Final price of the property

?Financing or mortgaging

?Cost for closing the deal

?Moving in date

?Repairing or renovation

?Home appliances

?Landscape of the garden

?Painting of the property

6. Prepare to close the deal.

There are many actions to be taken once the offer has become an effective binding agreement. The actions can be done by your real estate agent. However, before the agent begins the actions, you must have agreed upon the procedures. Typically, you will have the below actions to be performed:

?A home inspection by an expert.

?You must finalize the mortgaging by getting an appraisal.

?Get a home insurance.

?Buy a home warranty.

7. Closing the deal.

This is the happy ending part. I must say congratulations for being able to own your dream home. This is the moment you have been waiting for and finally you are closing the deal with the seller. This is where the ownership is transferred from the seller to the buyer, which is you. There will be a formal meeting, where everyone involved will attend the meeting. Your lender will send you a final closing statement that covers the closing costs if applicable a few days before the closing date. Your agent will have to review the copy to make sure everything is correct and gather information if necessary to bring to the closing.

To make your job easier, there are a lot of real estate agents available who would love to assist you in buying a home in Bellevue WA. For instance, if you log into http://bellevue-real-estate.com/, you will get all the information about Bellevue real estate market. Furthermore they will guide you through in buying your dream home.