FIRST TIME HOME
BUYER
LET'S WORK TOGETHER!
Purchasing a home for the first time can be an exciting yet overwhelming process, especially when it comes to understanding what documents are needed and what steps to follow.

This guide covers the documents
you'll need to gather and the key steps in the home purchasing process.
STEP-BY-STEP GUIDANCE!
1
Step 1: Budget Planning and Pre-Approval
  • Determine your budget by considering your monthly income and expenses
  • Obtain a mortgage pre-approval to understand how much you can afford
2
Step 2: Find a Real Estate Agent
Look for a reputable real estate agent
  • experienced in the Houston market
3
Step 3: Home Shopping
  • Create a list of your must-haves and nice-to-haves in a home
  • Visit homes within your budgetand desired neighborhoods
4
Step 4: Make an Offer
  • Once you find a home you love, your agent will help you make a competitive offer based on comparable homes and market conditions
5
Step 5: Home Inspection and Appraisal
  • Conduct a home inspection to check for any issues
  • Your lender will arrange for a home appraisal to confirm the home's value
6
Step 6: Finalize Your Mortgage
  • Choose the best mortgage option from the offers you receive
  • Submit all required documentation to your lender for final approval
7
Step 7: Closing
  • Review and sign all closing documents, which include the loan agreement
  • Pay your down payment and closing costs
Contact us!
KEY FACTORS FOR A SUCCESSFUL SALE!
LOCATION
Location is the single most important factor in determining the value of your property. Our team will complete and comprehensive research of the area, to provide you the best guidance possible.
COMPETITION
Understanding the competition is key! Our team will complete a market analysis to find properties that are active on the market and also located similar properties that have sold withing the last few months.
TIMING
Property values are affected by the current real estate market. As the real estate market cannot be manipulated, a flexible marketing plan should be developed which analyzes the current marketing conditions and individual features of the property
CONDITION
Optimizing the physical appearance of your home will maximize the buyer’s perception of value.
PRICE
Pricing your home properly from the beginning is an important factor in determining the length of time it will take to sell your home. Reviewing this home marketing plan will assist you in determining the best possible asking price.
Documents Needed for Home Buying in Houston, Texas:
Purchasing a home for the first time can be an exciting yet overwhelming process. Among the
most important steps is to apply for financing to acquire your property, and with this, you must collect different documentation and complete some conditions required by the bank in order to process your mortgage loan.
  • Proof of Income:
    • Recent pay stubs (last 2-3 months)
    • W-2 forms and tax returns from the past two years
    • Additional income documentation (if applicable), such as bonuses, alimony, or earnings from side jobs
  • Proof of Employment:
    • Contact information for your employer(s) over the last two years
    • Employment verification letter (optional but helpful)
  • Credit Information:
    • Permission for your lender to run a credit check
    • Statements for existing loans and credit lines
  • Bank Statements:
    • Checking and savings account statements from the last 2-3 months
    • Investment account statements to show available funds for down payment and closing costs
  • Identification Documents:
    • Government-issued ID (driver’s license or passport)
    • Social Security number
  • Pre-Approval Letter:
    • Obtained from a lender, indicating how much they are willing to lend based on an initial review of your financial status
  • Proof of Assets:
    • Documentation of any additional assets (e.g., real estate, automobiles) outside of bank accounts
Meet Our Team
  • GRECIA BERRIOS
    Team Leader - Realtor
  • CARLOS HERNANDEZ
    Realtor Partner
  • ELIAS BERRIOS
    Transaction Coordinator
  • KARLA BARRERA
    Business Development
  • MELANY MENDOZA
    Realtor
REMEMBER, THE HOME BUYING PROCESS CAN VARY SLIGHTLY DEPENDING ON INDIVIDUAL CIRCUMSTANCES AND THE LOCAL REAL ESTATE MARKET. IT'S IMPORTANT TO COMMUNICATE CLOSELY WITH YOUR REAL ESTATE AGENT AND
LENDER THROUGHOUT THE PROCESS TO ENSURE EVERYTHING GOES SMOOTHLY.

WELCOME TO HOMEOWNERSHIP WITH GRECIA BERRIOS GROUP!
GRECIA BERRIOS
Team Leader - Realtor
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