Buyer's Guide

A Step-by-Step Home Buyer's Guide

Buying a home is one of the most exciting events of your life. To prepare yourself for this moment, working with an experienced and professional real estate advisor can help you understand what to expect during the process. This step-by-step buyer’s guide will also help reduce the stress of buying a home and help you enjoy this exciting journey.

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Step 1: Research

Do you already know where you want to buy? Is there a specific city or subdivision you are interested in? Are you looking for a condo, townhome, or single-family home? What number of bedrooms and bathrooms will you need? Which features do you like and dislike? If you are uncertain about any of these questions, now is the time to start researching. Bersch Fine Homes can also help you with these decisions and then set you up to receive real-time priority access to listings that meet all your criteria – including foreclosures, estate sales and homes not yet on the market!

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Step 2: Decide on Your Budget

If you are paying cash, your probably have a good idea of what you want to spend on your new home. If you are financing your purchase, remember it’s not always what you can spend, but rather decide what you want to spend. Consider your monthly budget to determine what you would be comfortable spending on a mortgage payment each month. Don’t forget to include additional home expenses in your overall budget that might include utilities, renovations, upgrades, landscaping or HOA fees.

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Step 3: Get Prequalified

Before you get your heart set on a home, talk to a mortgage professional to find out if you qualify for a loan that would give you the monthly payment you would be comfortable with. Then talk with that lender to determine the price range of the homes you will want to consider. In Arizona, it is mandatory for us to provide either “proof of available funds” or a mortgage lender pre-qualification form with any offers, so you will want to work with a lender before seriously looking at specific homes.

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Step 4: Choose a Real Estate Agent

Can you shop for, look at, and ultimately make an offer on a home without a real estate agent? Technically yes, but why would you when it costs you nothing for a professional real estate advisor like me to look out for your best interests? Not only will I help identify properties you might be interested in, arrange showings, and negotiate the offer process, but I also have an in-depth knowledge of the market that can help you determine what constitutes a good offer that is likely to get accepted. I will also accompany you through the nearly 120 step legal process to get you to the finish line and into your new dream home.

My goal is to provide you with the most personalized service that is designed to help you buy your dream home.

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Step 5: Find the Right Home

This can be the most enjoyable step of the entire process (other than actually settling into your new home!). Bersch Fine Homes will help you find properties that match your criteria, schedule appointments to tour those properties together and share valuable insight into the value of those properties. I can also provide information about the surrounding neighborhood and access to amenities such as schools, shopping, restaurants and medical facilities.

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Step 6: Make an Offer

Once you have selected the perfect home, we will work together to compose a strong and competitive offer based on your preferences, the value of comparable homes, and current, local market conditions.  Depending on what the home is listed at and whether the current environment is a buyer’s or seller’s market, your offer may be below, at, or even above the asking price. There are many other factors that we consider when composing an offer that is likely to get accepted. If a Counter Offer is the response to the original offer, I will help you negotiate the best possible outcome.

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Step 7: Finalize Your Loan Details

If your offer is accepted, you will officially be under contract to purchase the home. If you plan on financing your purchase, now is the time to go back to the mortgage lender who pre-approved or pre-qualified you and make decisions about the details of your mortgage. You will be presented with various options based on your unique financial situation, including fixed-rate, variable-rate, 15-year, 30-year, or special programs such as VA loans or FHA loans. Work with your mortgage lender to select the option you feel the most comfortable with.

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Step 8: Have the Home Inspected

Typically, your offer will be contingent on having the home inspected to ensure there is no major structural damage or large repairs needed. We can help you choose an inspection company, schedule an appointment for the inspection and will review the findings report with you. Along with the home inspection, there are a multitude of possible concerns that should be examined before your inspection period ends, such as school districts, proximity to jobs, insurability of the home, area environmental concerns, etc. We will go over all of those possibilities with you and provide resources for investigating.

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Step 9: Get a Home Appraisal

If you are financing, your lender will have your new home appraised so they have their independent value of it. The appraisal is to ensure that all parties involved are paying a fair price for the house. If you are purchasing your home with cash, you have a choice as to whether you will have the property appraised. We can discuss that option with you and help you make the best choice.

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Step 10: Finish Paperwork

Because there are so many steps in the process of buying a home, the amount of paperwork can feel overwhelming. Remember that we are with you every step through the process and can answer any questions you have along the way. Final paperwork appointments will be scheduled with the title company and your lender. On closing day, the title company will have the required documents recorded with the county and once that has taken place, you will receive the keys to your new home!

Congratulations!

Once you move into your new home, please remember that we are still available as a resource to help you get settled into your new neighborhood, and look forward to staying in touch! 

Our Testimonials

Read what my clients have to say
Sylvia M.

Sylvia M.

Barbara was very professional and always got back to us promptly. Did a fantastic job on marketing our home.
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Dina & Abel S.

Dina & Abel S.

Everything you would expect in a real estate profession, but more. Barbara is trustworthy, caring, and dedicated. She is highly responsive, quick, and knowledgeable. We would highly recommend Barbara to anyone who is seeking th...
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Cheryl V.

Cheryl V.

Barbara was the best! We're out of state at the time. She went way beyond of what she needed to do for us and found us a perfect home. Thank you so much your the best!
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Sandra & Greg R.

Sandra & Greg R.

Barbara was wonderful to work with. Very helpful always going out of her way. Felt very comfortable with her knowledge. Barbara knew exactly what we wanted for our price range. Treated us with respect. I would highly recommend ...
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Peggy P.

Peggy P.

Barbara was like having a girlfriend go shopping with me. We laughed chatted and had a great time. But more importantly Barbara listened to all my needs and helped me find exactly what I wanted. Barbara had my best interest in ...
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Susan & Keith G.

Susan & Keith G.

Barbara has been an excellent agent! She is highly professional, very knowledgeable, and she is detail oriented, which is what you want when purchasing a new home. She helped us purchase a cabin in Prescott and was a pleasure t...
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Lisa M.

Lisa M.

Barbara Bersch is great! She's everything you want in an agent. She listens to your needs, responds quickly when you have questions, and is very friendly and personable. I only wish she could have helped me sell my home in Phoe...
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Carmen & Tom M.

Carmen & Tom M.

Barbara displayed a deep knowledge of the Prescott area as she showed us properties throughout the Valley. She was responsive to all of our requests for further information on a number of different properties. When we finally s...
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Quinci C.

Quinci C.

Barb is the best. She gets back to you quickly and was extremely helpful when I was selling my home. We got top dollar and she was very professional throughout the process. She explained each step and if she didn't know the ans...
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Rebecca & Bill L.

Rebecca & Bill L.

Barbara Bersch is the Most Outstanding Real Estate Professional that we have ever dealt with. She was so gracious and helpful in assisting on the Sale of our House. She even came over and helped us move boxes. Now, that in dedi...
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Amy & Diarmuid M.

Amy & Diarmuid M.

Barbara came recommended by a friend and we had a great experience working with her in our search for a home as newcomers to the area. She listened carefully to our priorities and concerns, and arranged an efficient and product...
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Kimberly M.

Kimberly M.

Dear Barbara, Great news! Thank you so much for helping Ronny and Amanda to find their dream home. They have raved about your service and professionalism! Amanda had contacted me yesterday and let me know that they had made an ...
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B

Buyer

Barb was very outgoing and friendly. Barb even face timed us while looking at some houses we saw online since we were moving into the area from another state. She was pretty accommodating the couple of times we came into town t...
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Nancy S.

Nancy S.

When it comes time to sell your home, I hope you’ll remember the name Barbara Bersch. I am a widowed senior with sight problems, who found the prospect overwhelming. Then I was introduced to Barbara, who went above and beyond...
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Laura & Bill C.

Laura & Bill C.

Barb is absolutely amazing and you can absolutely trust her with what is one of your biggest life decisions. My family is looking to move across the country and even though Barb knew there was potentially nothing in it for her ...
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Work With Barbara

She is devoted to serving the needs of real estate sellers and buyers in Phoenix / Scottsdale and surrounding cities, as well as Prescott, Arizona. With comprehensive market knowledge, exceptional customer service, and superior negotiation skills, she is the unparalleled choice for your next real estate transaction.

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