Home Buying Guide
Step 1: If you have not already done so, please start with the online mortgage pre-qualification application, here.
Step 2: Search for your new home using our comprehensive online listing of new home builders. Using the menu on the left, select the price range that you are pre-qualified for and then select the area of town you are interested in to see the neighborhoods and builders in those areas.
Step 3: Take your pre-qualification letter from the mortgage company with you while you shop for new homes. The pre-qualification letter should have "New Austin Homes" listed as your Real Estate Broker/Agent, which will help you qualify for the 1.5% cash back at closing on your new home. Show the letter to the builder's sales representative so they know your price point, and let them know you are using "New Austin Homes" as your Real Estate Broker/Agent.
Step 4: Repeat Step 3 until you find the new home that is just right for you.
Step 5: Complete the buying contract with the builder for your new home. Again, be sure "New Austin Homes" is listed on the contract as your Real Estate Broker/Agent. "New Austin Homes" must be listed as your Real Estate Broker/Agent on the purchase contract in order for you to qualify for up to 1.5% cash back at closing.
Step 6: Work with the builder to choose all your new home finishes and enjoy the building process.
Step 7: When your new home is ready and you have gone through the punch list to make sure everything is to your satisfaction, you are ready to close and move into your new home.
Step 8: Closing on your new home. The closing process usually takes place at a Title Company, which is usually a preferred Title Company of the builder or may be a Title Company owned by the builder. At the closing you will be presented with many documents to sign and the entire process could take an hour or more. The most important document is the Closing Disclosure Statement. This document will show all the financial numbers for the transaction, including full purchase price, amount of mortgage loan, amount of down payment, and the Broker/Agent Commission, which should show up to 1.5% of the purchase price allocated to you as the buyer.
Step 9: Once all the documents are signed and the appropriate funds are paid or transferred, you are now the proud owner of a new home! You should receive the keys to your new home from the Title Company representative upon funding. Congratulations! Enjoy your new home!
If you would like more detail on the Home Buying Process, please check out our Home Buying blog.
Step 1: If you have not already done so, please start with the online mortgage pre-qualification application, here.
Step 2: Search for your new home using our comprehensive online listing of new home builders. Using the menu on the left, select the price range that you are pre-qualified for and then select the area of town you are interested in to see the neighborhoods and builders in those areas.
Step 3: Take your pre-qualification letter from the mortgage company with you while you shop for new homes. The pre-qualification letter should have "New Austin Homes" listed as your Real Estate Broker/Agent, which will help you qualify for the 1.5% cash back at closing on your new home. Show the letter to the builder's sales representative so they know your price point, and let them know you are using "New Austin Homes" as your Real Estate Broker/Agent.
Step 4: Repeat Step 3 until you find the new home that is just right for you.
Step 5: Complete the buying contract with the builder for your new home. Again, be sure "New Austin Homes" is listed on the contract as your Real Estate Broker/Agent. "New Austin Homes" must be listed as your Real Estate Broker/Agent on the purchase contract in order for you to qualify for up to 1.5% cash back at closing.
Step 6: Work with the builder to choose all your new home finishes and enjoy the building process.
Step 7: When your new home is ready and you have gone through the punch list to make sure everything is to your satisfaction, you are ready to close and move into your new home.
Step 8: Closing on your new home. The closing process usually takes place at a Title Company, which is usually a preferred Title Company of the builder or may be a Title Company owned by the builder. At the closing you will be presented with many documents to sign and the entire process could take an hour or more. The most important document is the Closing Disclosure Statement. This document will show all the financial numbers for the transaction, including full purchase price, amount of mortgage loan, amount of down payment, and the Broker/Agent Commission, which should show up to 1.5% of the purchase price allocated to you as the buyer.
Step 9: Once all the documents are signed and the appropriate funds are paid or transferred, you are now the proud owner of a new home! You should receive the keys to your new home from the Title Company representative upon funding. Congratulations! Enjoy your new home!
If you would like more detail on the Home Buying Process, please check out our Home Buying blog.
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