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Buyer Education

Homebuyer's Guide

Buying a home should be one of the most exciting milestones of your life. To prepare yourself for this moment, you need to know what to expect during the process. This step-by-step first-time homebuyer’s guide created by our team will reduce the stress of buying a home and help you enjoy the journey.

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Step 1:

Compile Your Wish List

Buying a home should be one of the most exciting milestones of your life. To prepare yourself for this moment, you need to know what to expect during the process. This step-by-step first-time homebuyer’s guide created by our team will reduce the stress of buying a home and help you enjoy the journey.

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Step 2:

Decide on Your Budget

Examine your current expenses and determine how they might change if you purchase a home. Create a comprehensive household budget so you can factor in any new ongoing expenses that might come with a home purchase, such as garbage and recycling, water, or homeowner’s association fees. Once you decide how these expenses will change, you’ll be better equipped to leverage the information you get in step three.

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Step 3:

Get Prequalified

Prequalification is a great start for understanding your purchasing power, but it’s not the only factor. A lender may pre-approve you for more than you’re comfortable spending, which is why the budget you compiled in step two is so important. The opposite can also happen, where you believe you can afford a certain payment every month, but the bank doesn’t agree. This often happens when you’re new to your job, have insufficient credit, or have bankruptcies or other financial issues in your history.

You’re not required to stick with this lender when you ultimately finance your purchase, but this process is a great way to vet mortgage providers. Also, a prequalification letter can make you a more competitive candidate in multiple-offer situations.

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Step 4:

Choose Your Real Estate Experts

Now it’s time to find your dedicated real estate representative! Regulations enacted in 2024 require real estate agents to obtain a signed buyer’s agreement before showing consumers homes. Of course, we do a great deal more than opening up listings; we can help you understand your local market, identify areas and properties that fit your specific criteria, help you create competitive offers that match your financial and logistical needs, and much more.

Dedicated Service, Real Results

Finding the perfect home and navigating the purchase process can be daunting. Leverage our knowledge and expertise and enjoy your personalized real estate journey.

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Step 5:

Find the Right Home

Your agent will arrange showings of properties that meet your specific criteria and price range, taking note of your likes and dislikes to further refine their search parameters. They’ll help you explore the details — from storage to light switches to the flow of a home — and understand the pros and cons of the options in front of you. They’ll also help you make time to explore the neighborhood and examine elements like local traffic at different times of the day, parking options, and proximity to neighborhood amenities like schools and grocery stores.

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Step 6:

Finalize Your Financing

Once you’ve narrowed down your home search, it’s time to go back to the mortgage provider who prequalified you in step three and obtain preapproval. With a property and purchase price in mind, your lender can get much more specific about your interest rate, monthly payments, the term of the loan, and special programs such as first-time homebuyer grants and loans through the VA and FHA. While you will primarily work with your bank to select the right options for you, we’re here to offer support and recommend mortgage providers we’ve worked with in the past if you get stuck.

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Step 7:

Make an Offer

Once you have selected the perfect home and have your finances in order, your agent will help you craft a fair offer price based on the value of comparable homes on the market. You’ll also work through details such as timing, contingencies, and fees. After your agent submits the offer on your behalf, they will help you negotiate counteroffers and reach an agreement with the seller. At this point, the house will go into escrow.

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Step 8:

Have the Home Inspected

In most cases, your offer will be contingent on the home passing inspection. This protects you from purchasing a property that has serious structural issues or requires major repairs. We have a list of trusted local providers, but you can hire any licensed home inspector you like. If the inspection uncovers major issues, you can withdraw from the sale or renegotiate your offer based on what needs to be fixed.

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Step 9:

Obtain a Home Appraisal

The appraisal ensures that you are paying a fair price for the house. Your mortgage provider will hire an appraiser to inspect the property and offer an independent opinion of its value. Sometimes, appraisals may come in too low, which can impact the amount of money the bank is willing to lend. In this case, your agent can help you determine next steps and navigate the appeal process.

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Step 10:

Complete the Paperwork

No one looks forward to all the paperwork stacked up on the closing table, but it’s a necessary part of the process. Fortunately, everything will be arranged by your lender and title company. And, when you’re finished, you’ll be the legal owner of your new home.

See Why Our Clients Love Us

Testimonials

Linda is the best. I doubt the sale would have happened without her. She went above and beyond. Thanks, Linda!
Linda is the best. I doubt the sale would have happened without her. She went above and beyond. Thanks, Linda!
Penelope M.
Linda knows the Wickenburg area and real estate in general thoroughly and will go out of her way to help you sell or buy a property.
Linda knows the Wickenburg area and real estate in general thoroughly and will go out of her way to help you sell or buy a property.
Steve & Susan C.
Linda Sanders did an excellent job selling the property. She was very efficient and pleasant to work with. Also, she was very knowledgeable and helpful. Not to mention the property sold quickly. She was much appreciated.
Linda Sanders did an excellent job selling the property. She was very efficient and pleasant to work with. Also, she was very knowledgeable and helpful. Not to mention the property sold quickly. She was much appreciated.
Pat S.
Outstanding.
Outstanding.
Richard H.
Easy to work with, provides excellent information, follows through, goes beyond expectations!
Easy to work with, provides excellent information, follows through, goes beyond expectations!
Hunter
Patsy was so helpful in every way in finding our forever home. She went far beyond what was asked of her, and it ended up ever so good for us! Bravo Patsy!
Patsy was so helpful in every way in finding our forever home. She went far beyond what was asked of her, and it ended up ever so good for us! Bravo Patsy!
Jim C.
Lora understood exactly what I was looking for and showed me properties that would appeal to me and that were within my budget.
Lora understood exactly what I was looking for and showed me properties that would appeal to me and that were within my budget.
Maryanne
Illness forced us to leave the area, and Lora made herself available to assist in every way, including disposing of a house full of furniture we couldn't deal with ourselves. Would strongly recommend using her.
Illness forced us to leave the area, and Lora made herself available to assist in every way, including disposing of a house full of furniture we couldn't deal with ourselves. Would strongly recommend using her.
Ed M.
Have worked with her before and like her gung-ho attitude and professionalism.
Have worked with her before and like her gung-ho attitude and professionalism.
Dee S.
This is my second time using Wendy Wright. The first time was for buying my current residence. The second time was for selling one of my rental properties. Both times, Wendy far exceeded my expectations. I have so much confidence in Wendy that I also told my neighbor to use her when they were selling their vacant land next to my residence. That sale went as smoothly as both of mine did! Wendy is the only agent that I will use if I buy or sell again. Hands down the best agent, and she knows her stuff!
This is my second time using Wendy Wright. The first time was for buying my current residence. The second time was for selling one of my rental properties. Both times, Wendy far exceeded my expectations. I have so much confidence in Wendy that I also told my neighbor to use her when they were selling their vacant land next to my residence. That sale went as smoothly as both of mine did! Wendy is the only agent that I will use if I buy or sell again. Hands down the best agent, and she knows her stuff!
Diane C.
Laura is extremely knowledgeable and helpful. It was great to have her involved in our transaction, and I would use her again.
Laura is extremely knowledgeable and helpful. It was great to have her involved in our transaction, and I would use her again.
Buyer | Seller
Amazing personal service, had answers to every question and concerns that came up, helped us overcome some really big hurdles to get into our new home, amazing experience all around, and definitely an amazing person.
Amazing personal service, had answers to every question and concerns that came up, helped us overcome some really big hurdles to get into our new home, amazing experience all around, and definitely an amazing person.
Buyer
Laura was great throughout our whole Process! We literally couldn't have done it without her. She had some hurdles, and she helped us accomplish them and kept us feeling great about everything! In the end, it worked out, and we got our dream home.
Laura was great throughout our whole Process! We literally couldn't have done it without her. She had some hurdles, and she helped us accomplish them and kept us feeling great about everything! In the end, it worked out, and we got our dream home.
Buyer
Very pleased, no complaints!
Very pleased, no complaints!
Brandon & Shallen K.
Thank you Lora for your help
Thank you Lora for your help
Steven, Wickenburg, AZ
Buyer
Patsy was fantabulous from the very start! Her experience in showing properties, representing us to the seller, and her negotiation skills really made our buying experience smooth. Her recommendations were always right on.
Patsy was fantabulous from the very start! Her experience in showing properties, representing us to the seller, and her negotiation skills really made our buying experience smooth. Her recommendations were always right on.
Bill Pearsall, Wickenberg, AZ
Buyer
Julie was very patient with our situation kept communication with our loan company, seller, and us.We appreciate that. Thank you
Julie was very patient with our situation kept communication with our loan company, seller, and us.We appreciate that. Thank you
Donna Lippincott, Wickenburg Arizona
Buyer
Yolanda went above and beyond our expections in helping us to find and purchase the best fit for our needs. Would recommend her to anyone needing property!
Yolanda went above and beyond our expections in helping us to find and purchase the best fit for our needs. Would recommend her to anyone needing property!
D. Heiken, Montana
Buyer
Monica is really smart and friendly, made me feel like an old friend while she helped me and my family to sell a property in Aguila Az and at the same time buy another property in a different town and she makes everything look so easy, that's why we recommend Monica Garcia Zarate to everyone and we want to say thank you Monica for helping us so much.
Monica is really smart and friendly, made me feel like an old friend while she helped me and my family to sell a property in Aguila Az and at the same time buy another property in a different town and she makes everything look so easy, that's why we recommend Monica Garcia Zarate to everyone and we want to say thank you Monica for helping us so much.
Landaverde Mancinas Family, Wittmann Az.
Seller
We were looking at property here from Oregon and Laura helped us with all aspects of relocating. I would recommend Laura to anyone that is looking to buy property.
We were looking at property here from Oregon and Laura helped us with all aspects of relocating. I would recommend Laura to anyone that is looking to buy property.
Pascal’s, Wickenburg Arizona
Buyer
Pasty was excellent in every way I would never use any one else I would use her agin she was very professional love working with her
Pasty was excellent in every way I would never use any one else I would use her agin she was very professional love working with her
Peggy navalta, Wickenburg az
Buyer
Julie Jackson was amazing to work with and enjoyed the time spent with her. I have and will be recommending her to my friends and family who are looking for a home in the future. Thank you Julie Jackson for everything you made buying a home easy.
Julie Jackson was amazing to work with and enjoyed the time spent with her. I have and will be recommending her to my friends and family who are looking for a home in the future. Thank you Julie Jackson for everything you made buying a home easy.
Susan Heisler, Wickenburg Arizona
Buyer
Very knowledgeable and up to date on properties that were available and properties that were coming on the market. A pleasure to work with.
Very knowledgeable and up to date on properties that were available and properties that were coming on the market. A pleasure to work with.
Cameron Moore, Congress AZ
Buyer
Monica was very easy to work with. She's knowledgeable and if she doesn't know she finds out instead of just making something up. We are experienced investors and real estate agents in another state and we would use her again.
Monica was very easy to work with. She's knowledgeable and if she doesn't know she finds out instead of just making something up. We are experienced investors and real estate agents in another state and we would use her again.
B and B
Buyer
Illness forced us to leave the area and Lora made herself available to assist in every way including disposing of a house full of furniture we couldn't deal with ourselves. Would strongly recommend using her.
Illness forced us to leave the area and Lora made herself available to assist in every way including disposing of a house full of furniture we couldn't deal with ourselves. Would strongly recommend using her.
Ed Markle, Manson, WA
Seller
Patsy was SO helpful in every way in finding our forever home. She went far beyond what was asked of her and it ended up ever so good for us! Bravo Patsy !!!
Patsy was SO helpful in every way in finding our forever home. She went far beyond what was asked of her and it ended up ever so good for us! Bravo Patsy !!!
Jim Crouch, Wickenburg Az
Buyer
I enjoyed working with Julie Jackson. She was very patient and answered my questions. I would be glad to recommend her to my friends and family.
I enjoyed working with Julie Jackson. She was very patient and answered my questions. I would be glad to recommend her to my friends and family.
Linda Lightcap, Las animas, CO
Seller
The real estate agent always had our best interest in mind. She represented us fiercely and carefully reviewed all documents in connection with our purchase. She was communicative and friendly throughout the entire process. I would recommend Monica to any friend or family member.
The real estate agent always had our best interest in mind. She represented us fiercely and carefully reviewed all documents in connection with our purchase. She was communicative and friendly throughout the entire process. I would recommend Monica to any friend or family member.
Guadalupe Higuera, Scottsdale, AZ
Buyer
Lora understood exactly what I was looking for and showed me properties that would appeal to me and within my budget.
Lora understood exactly what I was looking for and showed me properties that would appeal to me and within my budget.
Maryanne, Wickenburg
Buyer
Easy to work with, provides excellent information, follows through, goes beyond expectations!
Easy to work with, provides excellent information, follows through, goes beyond expectations!
Hunter, Show Low, AZ
Buyer
Julie Jackson took the time and effort to show us numerous homes as well as the local flavor of The Wickenburg area. her knowledge of the area and her Patience with us as potential buyers is to be commended. we are thrilled with our new home and looking forward to next chapter in our lives! Thanks Julie.
Julie Jackson took the time and effort to show us numerous homes as well as the local flavor of The Wickenburg area. her knowledge of the area and her Patience with us as potential buyers is to be commended. we are thrilled with our new home and looking forward to next chapter in our lives! Thanks Julie.
Marilyn Stewart Oregon
Buyer
Lora was such a great broker to work with she worked hard to help sell my home! Thank you Lora!! Lora was always positive and supportive, hard working person. Thank you so very much!!
Lora was such a great broker to work with she worked hard to help sell my home! Thank you Lora!! Lora was always positive and supportive, hard working person. Thank you so very much!!
Madeline
Seller
Outstanding.
Outstanding.
Richard Helten
Seller
Awesome
Awesome
Gene ensz, Sun city Az
Buyer
Cristina helped us make the sale of my deceased mother's home so easy! During this difficult time she was patient, helpful, and thoughtful during the whole process.
Cristina helped us make the sale of my deceased mother's home so easy! During this difficult time she was patient, helpful, and thoughtful during the whole process.
Kelley Preston, Colorado
Seller
Cristina was very helpful with the entire purchase. Very courteous and knowledgeable.
Cristina was very helpful with the entire purchase. Very courteous and knowledgeable.
Bill and Carole Dean
Buyer
Christina, was great very profectional kinda and caring. Me and my family are truly happy to have found cristina to work with. She is a hard worker and truly cares about what she is doing and who she is doing it for. She is truly amazing. Thank you cristina echeverria we love you
Christina, was great very profectional kinda and caring. Me and my family are truly happy to have found cristina to work with. She is a hard worker and truly cares about what she is doing and who she is doing it for. She is truly amazing. Thank you cristina echeverria we love you
Kristie dille & Dustin logue & kids
Buyer

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