Congratulations!! You’ve decided to purchase a new home and we are excited to help you! We will be your partner throughout the process… to help you navigate through the journey of finding, choosing, financing, and buying a new home.
Buying Your New Home in Ridgefield, CT
The Home Approval Process in Connecticut
Obtain a Pre-Approval
One of the most important factors in buying a new home is figuring out your financial budget and getting pre-approved for a mortgage. Pre-approval uses basic information, as well as electronic credit reporting, to determine whether a lender will loan you money. If you are pre-approved for a mortgage, the lender has given you a commitment to support your new purchase. Carissa’s extensive network includes several reputable lenders who can process a same-day pre-approval for you; this way, we can focus on the task of finding your new home.
Your New Home Search Criteria
Can you picture your new home? Does it have a huge backyard or association-maintained grounds? What kind of neighborhood is it in? Is it important to have a good school system nearby? What about public transportation or recreational facilities? Do you want to live near a lake, a river, or in town? These are just a few of the questions that you should consider before you begin to search for properties. Write down your wants and needs, make a list of your top priorities, and let's discuss them together, in person. Depending upon your budgeted allowance, decide on which features you might be willing to compromise, if necessary. We are your advocates! Making a move is an exciting time, but it can also be an emotional one. It is important to remember that, as your real estate professionals and licensed Realtors, we have years of experience in becoming your trusted guide, advising as necessary, and negotiating on your behalf. All we as is that you maintain good communication and rely on our expertise to help you throughout the process.
Preparations to Close on Your New Home
The average time to close on a new home is 45 days, although this is one of many items that is negotiable in each transaction. Once all home inspections are satisfied, your attorney will review with you the contract of sale. After the contract is fully signed, the bank will have the property appraised. Upon receiving the final mortgage approval from the bank, we will be sure to make final arrangements with your moving company, homeowners insurance, and utility transfers, to name a few. In advance of closing, your attorney will confirm all forms of payment and amounts, as well as the type of identification to bring with you on closing day.
Every situation has a solution. And we are both here for you every step of the way.