Buying Your First Home in the Bahamas!

Here is a great video on buying your first home - it can be an intimidating and overwhelming process. Education and knowing what to expect is the key and partnering with a savvy agent is a must.Find Out How Much Home You Can Afford

The first step is figuring out your finances, going to your lending institution and establishing a budget. Then, when you know how much you can afford, you can start your search! Making sure you are pre-qualified can save a lot of time and heartache down the road.

Find a Qualified Real Estate Agent

Next you need to find a realtor. A good one will get to know you and your needs and show you all suitable listings, no matter which company they are listed with. Working with only one agent is definitely to your advantage. The mutual commitment ensures that your agent will do their very best to find the right property for you. 

Negotiations Begin!

Once you have found somewhere you wish to purchase, an offer is made and is either accepted or negotiations begin. When both parties can agree on terms and conditions, attorneys then draw up the legal documents required and begin the conveyancing/closing process. 

Once everything is finalized and the property is transferred, you are all set to move into your new home!

Watch this video to see all the steps involved, so you can approach probably the biggest transaction of your life with confidence!

Posted by Helen Dupuch on
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