Buyer's Guide
The first step to buying a home is determining how you'll finance your purchase. If you're paying cash, you're ready to start searching. If you need a mortgage, contact a lender to get pre-qualified. Pre-qualification confirms how much you can afford, helps you focus on homes within your budget, and prepares you to make offers. If you need assistance finding a lender, visit our Area Services Page under "mortgage Consultant" for recommendations.
Your Homestead REALTOR® will represent your interests, guide you through the process, and provide expert advice. In cases where Homestead Real Estate represents both buyer and seller, this is known as Disclosed Dual Agency, which requires consent from both parties. For details, review our Consumer Information Statement.
Work with your agent to outline your home criteria and budget. Your agent will set up a profile in the local Multiple Listing Service to send you properties that match your preferences. Review these options and notify your agent of the homes you'd like to tour. Remember the "80/20 Rule" - if a home meets *0% of your needs and the remaining 20% are manageable, it's worth considering.
Not ready to work with an agent yet? Create an account on our site to search listings, compare favorites, and set up email notifications for updates.
The number of homes you'll your varies based on market conditions and your criteria. An experienced agent will help you focus on the best options, with most buyers seeing around 7 homes before deciding.
Your agent will use their market expertise to prepare a strategic offer based on A Comparable Market Analysis (CMA). To submit an offer, you'll need:
- A pre-qualification or approval letter (if financing)
- Proof of funds (if paying cash)
- An earnest money deposit to show your commitment
This deposit is held in escrow until closing or refunded if a contract isn't reached.
Let Homestead Real Estate guide you every step of the way. Explore our listings and connect with an agent today!