FREE Home Buyers Guide

Buy Your New Home With Confidence

Our team at New Homes in Forney recognize that purchasing a new home is not an everyday event. Our role is to provide comprehensive education and guidance throughout the entire process, catering to both first-time homebuyers and seasoned property owners seeking to upgrade or downsize.

We prioritize our clients’ needs above all else, aiming not to simply “sell” you a home, but to assist you in finding the absolute best fit for you. Importantly, our services are entirely funded by the builders we connect our clients with, making them 100% FREE for you, the home buyer.

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972-236-5060

info@newhomesinforney.com

Step 1 : Financial Planning

Review Your Finances - Determine your current financial situation, including your current income, savings, and existing debts.

Calculate Your Budget - Consider how much you can afford to spend on a new home, factoring in down payment, monthly mortgage payments, closing costs, and other expenses.

Set a Savings Goal - Determine the amount you'll need for a down payment, typically starting at 3.5% of the purchase price, although, there are several loan programs that could reduce this to even less!

In most cases, your 3.5% down payment will suffice as we will negotiate with the builders on your behalf to have them cover your closing costs (waste fees) so your money goes towards your equity and not down the drain!

Get Pre-Approved - This step is one of the most important and is often overlooked which can be a detriment to your home buying process.

This will allow us to understand what amount you'll be able to qualify for so we can hit the ground running and know which options will be our best to focus on moving to the next steps!

Step 2 : Research The Real Estate Market

Define Your Needs - Determine your priorities for a new home, including location, size, amenities, and budget.

Research Communities - Explore different neighborhoods in your desired area, considering factors such as schools, safety, amenities, and property values. Our team at New Homes in Forney is here to provide all you need to research anything you'd like.

Browse New Home Listings - This is where our team at New Homes in Forney, shine! We will provide you with EVERY available and upcoming home from any builder and in any community you might like. One of our team members would LOVE to take you on a New Home Tour around Forney, share the good and bad and make sure you have ALL the information you need to make an informed decision.

Ask Questions While Researching Homes Online - As you explore your new home options online, please feel free to inquire about any aspect of the process. We understand that purchasing a new home can seem overwhelming, and you want to navigate it without error. Rest assured, with our expertise and resources, we'll guide you through smoothly, ensuring a stress-free process.

Step 3 : Let's Starting Looking at New Homes

The House Hunt Begins - After refining your areas of interest, a member of our New Homes in Forney team will assist you in scheduling the optimal day and time to commence the house hunt. They will also devise a comprehensive plan to maximize our ability to explore numerous homes and communities.

What To Expect While Touring Homes - During our visits to each new home community and builder, we'll gather extensive information by engaging with each builder. This will encompass details such as included community amenities, affiliated schools, community tax rates, warranties provided, and any other pertinent information essential for making well-informed decisions.

Ask Questions During Your Home Tours - As always, this is the ideal opportunity to pose any questions you may have. Our goal isn't to simply "sell" you a house; rather, we're dedicated to aiding you in discovering the optimal home and community for your needs. We actively urge our clients to ask any question they can conceive, ensuring collective confidence in making the right decision when the time is right.

Step 4 : We Found THE HOME...Let's Make An Offer

Let's Make a Deal - Once we've discovered the perfect house and community tailored to your preferences, it's time to initiate the offer process! Your dedicated team member from New Homes in Forney will leverage their extensive expertise to submit the most suitable offer, customized to meet your individual requirements.

Finalize The New Home Contract - Throughout this process, there may be back-and-forth negotiations between the builder and your New Homes in Forney team member. We'll diligently exhaust every avenue to secure the best possible deal for you. Once terms are agreed upon, we're officially under contract for YOUR NEW HOME!

Ask Questions During Your Home Tours - As always, this is the ideal opportunity to pose any questions you may have. Our goal isn't to simply "sell" you a house; rather, we're dedicated to aiding you in discovering the optimal home and community for your needs. We actively urge our clients to ask any question they can conceive, ensuring collective confidence in making the right decision when the time is right.

Step 5 : Home Inspection, Appraisal and Loan Finalization

Should You Order a Home Inspection? - Even if you're purchasing a newly built home, it's not a bad idea to enlist the services of a professional home inspector for peace of mind. These experts provide tailored inspection plans that cover various stages of construction, leaving no detail overlooked.

Appraisal Ordered (We're Getting Close!) - One of the final steps in purchasing a new home is the appraisal process. This procedure is solely aimed at confirming that the home aligns with the agreed purchase price and doesn't necessitate any further repairs to fulfill your lender's underwriting criteria. When your lender informs you that the appraisal is complete, you're on the verge of your closing date, and even more excitingly, YOUR MOVE-IN DAY!

Final Loan Approval - The final step before your new home closing is obtaining the last loan approval from your lender. Throughout the process, your lender will gather necessary information from you to prepare for this crucial step. Upon receiving the appraisal report, they usually finalize the package and submit it to their underwriters for your ultimate clearance to close. At this stage, your excitement is likely reaching its peak as you eagerly anticipate the closing on your new home!

Step 6 : Closing Day Has Finally Arrived

Time to Take a Trip to The Title Company - The final step before becoming a new homeowner involves gathering at the title company to complete the signing of all your last loan and deed paperwork. Allocate approximately an hour for this session, and consider doing some finger exercises beforehand—there will be quite a few signatures required! 😊

Slight Waiting Process to Fund The Loan - Following the completion of signing at the title company, there's usually a brief pause before the official funding and transfer of ownership occur. Typically, by the time you're settled in your car and heading back towards your new home, this funding process takes place. Once you receive the "WE ARE FUNDED!!" email from the title company, congratulations! You are now officially a new homeowner! 🎉

WE ARE FUNDED, CONGRATULATIONS!! - Now it's time to break out the champagne (or sparkling grape juice) and begin the celebration! You'll be overflowing with excitement about owning your new home, perhaps momentarily forgetting that the next task is moving all your belongings into it, haha! 😄 You should feel immensely proud of yourself for realizing your dream of homeownership. We feel incredibly blessed and joyful to have been a part of this journey with you!

Thank You For Stopping By

Our team at New Homes in Forney is always here to help you through your home buying journey, step-by-step. Our services are paid by the Home Builder’s so there is NO COST to use our services….what a WIN/WIN! Please, always feel free to call, text or email if you have any questions at all. We will be waiting patiently to help you to your dream of home ownership!