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Maryland's Property Team

Step 2- Develop Your Customized Home Buying Plan

10 Step Guide to Home Buying & Buyer Services Guarantee

Discover the Future of Real Estate! This page contains an overview of the services clients receive who select Maryland's Property Team for buyer representation. For more information on how Maryland's Property Team's 5+ Decades of Local Knowledge & Experience will Help You Find the Right Home, Schedule a FREE No-Obligation Confidential Consultation! At our consultation we will discuss your needs and how our team can help you achieve your goals, develop your customized home buying path to success & set up your instant home search alerts. Always the best!


Our Team's Exclusive 10 Step Guide to Home Buying & Buyer Services Guarantee- Maryland's Property Team guarantees that you will fully understand the home buying process, be the 1st to know about properties coming on the market & ensures you will see homes the 1st day on the market!


Step 2- Develop Your Customized Home Buying Plan

  • Specific home search criteria
  • Location
  • Price range
  • Property type
  • Detached
  • Townhouse
  • Condo
  • # of bedrooms
  • # of bathrooms
  • Square footage
  • Lot size
  • Community amenities
  • Lifestyle features
  • Specific needs to even considering purchasing
  • Wish list
  • A timeline to get you moved in according to your schedule
  • Research market
  • We recommend approximately 6 months ahead of desired move in date
  • View houses
  • According to the National Association of Realtors, the average buyer spends 10 weeks looking at homes. Of course, this can vary greatly from buyer to buyer.
  • Go under contract
  • If there is a loan involved, will probably need at least 30 days to go through the mortgage process
  • Desired closing date
  • In Maryland you legally own and take possession of property at the end of settlement
  • Customary for a closing date of 30-60 days from contract acceptance but always negotiable
  • Make sure you are aware of the best available financing options
  • Foundation for your negotiating position with sellers!
  • Sellers are unlikely to consider an offer without proof of financing
  • Proof of financing tells sellers that you are ready, willing and able to purchase
  • How are you planning on financing your purchase?
  • Proof of funds
  • Pre-approval letter
  • It does not cost anything to get pre-approved by a mortgage professional
  • We can recommend professionals if needed
  • Most approvals allow you to search for several months
  • Recommend shopping options
  • Will not hurt your credit!
  • Truth-in-Lending RESPA Integrated Disclosure - TRID
  • Loan Estimate
  • Know before you owe
  • https://www.consumerfinance.gov/owning-a-home/loan-estimate/
  • Funds needed for your down payment and closing costs
  • Monthly mortgage payment
  • Principle
  • Interest
  • Taxes
  • Insurance
  • Costs to consider when purchasing
  • Utilities
  • Electric
  • Heating/Cooling
  • Water
  • Sewer
  • Homeowners association or condominium fees and inclusions
  • Special assessments
  • Front foot fees
  • Inspections
  • Moving costs
  • Move in repairs
  • What if fund
  • Recommend speaking with your accountant about tax advice!

Next: Step 3- Searching for Your New Home- Be the 1st to know about properties coming on the market. Ensure you see homes the 1st day on the market.


Schedule a FREE No-Obligation Confidential Consultation- At our consultation we will discuss your needs and how our team can help you achieve your goals, develop your customized home buying path to success and set up your instant home search instant alerts.


Our Team's Exclusive 10 Step Guide to Home Buying & Buyer Services Guarantee- Maryland's Property Team guarantees that you will fully understand the home buying process, be the 1st to know about properties coming on the market & ensures you will see homes the 1st day on the market!