Derrick Drake
REALTOR®

HOME LOAN PROCESS
Finding the right loan is an essential first step in the home buying process. Everything from your credit and income to your down payment can affect your ability to qualify for a loan. TheMLSonline works with local mortgage lenders with a long history of providing quality lending services. An experienced loan officer will discuss the different types of loans available, determine the maximum amount you can borrow, and calculate a monthly payment that fits your budget. Connect with me today to discuss your options.
HOME BUYING PROCESS
The homebuying process begins with getting pre-approved for a mortgage to determine your budget. Next, you'll partner with a realtor who will help you find homes that meet your needs and guide you through the search. Once you find a property, you'll make an offer, and if accepted, move forward with a formal loan application. The lender will order a home appraisal to ensure the property's value matches the loan, while you conduct a home inspection. During this time, the loan goes through underwriting for final approval. Once approved, you'll attend the closing, sign the paperwork, and officially become a homeowner.
HOME SELLING PROCESS
The home selling process starts with selecting a realtor who will help you price your home competitively based on market analysis. Next, you'll prepare your home for sale by making necessary repairs and staging it to appeal to buyers. Your realtor will then market the property through online listings, open houses, and other strategies to attract potential buyers. Once offers come in, you'll review and negotiate terms, often with your realtor's guidance.
