Buying a home is one of the biggest financial decisions you’ll ever make but the process doesn’t have to be overwhelming.
In this home buyer class, Kim Wilkin and Andrew Pierce walk through the home buying process from getting prequalified and choosing the right mortgage to understanding down payment assistance, closing costs, inspections, representation, and what to expect on closing day.
You’ll also learn the 5 biggest home buying mistakes to avoid, plus a bonus mistake that can create serious problems right before closing. Whether you’re a first-time home buyer, relocating to Austin, looking for an investment property, or simply trying to understand how the home buying process works, this class will help you feel more prepared and confident.
WHAT YOU’LL LEARN: - How the home buying process works - Why you should get prequalified before house hunting - Conventional, FHA, VA and non-QM loans - Down payment assistance programs - How closing costs work - Why representation matters when buying a home - What to know before buying directly from a builder - Why home inspections are so important - How interest rates can affect your purchase - What NOT to do before closing - Common closing-day mistakes to avoid - How long the entire home buying process can take
TIMESTAMPS: 00:22 — What Type of Home Are You Looking For? 03:21 — Welcome to the Home Buyers Class 05:31 — The American Dream of Homeownership 06:46 — Why Buying a Home Is a Major Financial Decision 07:45 — Building Your Home Buying Team 12:02 — The Steps to Homeownership 15:15 — The 5 Home Buying Mistakes 15:20 — Mistake #1: House Shopping Before Getting Prequalified 18:20 — Understanding the Mortgage Process 23:09 — Down Payment Assistance Programs 28:58 — Understanding Closing Costs 33:48 — Things You Should NOT Do Before Buying a Home 36:02 — What About Current Interest Rates? 38:56 — Mistake #2: Thinking Renting Is Better Than Buying 48:33 — Mistake #3: Buying Directly From the Seller or Listing Agent 51:51 — Mistake #4: Buying Directly From a Builder 58:14 — Mistake #5: Skipping Home Inspections 59:05 — What Home Inspections Cover 01:02:13 — How Long Does the Home Buying Process Take? 01:03:31 — Bonus Mistake: Closing Day Pitfalls 01:08:02 — Home Buying Class Recap 01:10:30 — Book a One-on-One Home Buying Consultation 01:13:00 — Final Questions & Thank You 01:13:37 — Final Thoughts on Homeownership
If you’re planning to buy a home in the Austin area and want personalized guidance, reach out to Kim Wilkin and Andrew Pierce for a consultation.
