There are 5 primary steps for buying property:

Step 1: Determine What You Want

You need to create a check list of features and qualifications you want in your next home or property. You can use this as a guide in your search for the perfect purchase. Your real estate expert at Smokies Investors Real Estate and Auction can provide you with area information, demographics and market trends to help you with your decision. Location is extremely important in any realty purchase and your agent has the knowledge and training to help you find the best one possible.

Step 2: Choosing Your Financing

After determining what you want to purchase, the decision of what is a affordable for you needs to be made. You can make a preliminary estimate by using our financial calculator. When you are ready to proceed, you will need to get pre-approved for a mortgage. This task will help you with two important goals, it will provide you with the information on how much you can afford and it lets the seller know that you are qualified to purchase their property. The pre-approved status may also provide you leverage during the negotiation process.

Step 3: Smokies Investors Real Estate and Auction Works For You

After you have found the area you want to buy in and know what you can afford, you are ready to start shopping. You can view any property that is available right here on our site. Using the internet can save you a large amount of time and provides the luxury of searching anytime you like.

Next, take a list of available options to your realty expert and arrange to visit the property for a first hand evaluation. Your agent can also provide other close matches to your search criteria that might be on option for you.

Be sure to evaluate all the aspects of the properties (age of construction, number of bedrooms/bathrooms, similar location, etc.).  All these factors are important in your overall decision of what you want to buy. Try to keep an open mind when viewing different properties.

Step 4: Make an Offer

After you have decided which property you want, it is time to make the seller an offer. This is usually a difficult task because your goal is opposite of the seller's. This is where your real estate expert from Smokies Investors Real Estate and Auction can help. Your agent can prepare the offer and negotiate with the seller. It is best to not let the seller have any knowledge of your personal situation or feelings about their property. This could have a negative impact on future negotiations.

Step 5: Closing the Deal

This is when you need to ensure that everything is perfect. You need to have all the items that are required by local, county and state laws complete (insurance, mortgage and any title work). If any of these items aren't ready, it could delay your closing or negate your rights to the property. Your real estate expert at Smokies Investors Real Estate and Auction can help you over these hurdles. Once you close, you are ready to finish up. You will need to make arrangements for electricity, phone, lawn services and possibly even an alarm system. Your realty professional can guide you to the proper connections so you can move in as quickly as possible.