Home Buying Process

Thinking of buying a home in Central Indiana? Make sure you know what to expect, whether you're a first-time buyer or a seasoned investor. Here are the steps you need to know for buying a home in our area.

Step 1: Meet with David Brenton’s Team

You and a member of David Brenton's Team will discuss your needs, wants and desires in a home, as well as the details of the home buying process. We have the resources and skills to help you find your next home. Call us at 317-882-7210 and we'll set a time that's convenient for you!

Step 2: Get Pre-Approved by a Lender

Get pre-approved for a loan so you know how much house you're able to buy. Local lenders in Indianapolis and Central Indiana understand our market and know which loan programs may benefit you. Being pre-approved by a lender before you make an offer on a home will be an asset in negotiating.

buildings in Downtown Indianapolis

Step 3: Choose Where You Want to Live

Educate yourself. Familiarize yourself with the neighborhoods and communities you’re interested in, the taxes and the school districts. This not only helps you narrow down your search, but also helps you figure out potential mortgage payments.

This is where the local area expertise of David Brenton’s Team will come in handy. Don’t feel bad — pick our brains, ask questions about the Central Indiana real estate market. That’s what we’re here for!

Step 4: Choose Your System

Determine your mode of home shopping. Some people prefer “window shopping.” This is where you drive around looking for homes. Then you call your REALTOR about the houses you’d like to see or want more information about. This mode of house hunting is typically reserved for people who are not in a hurry to move, aren’t sure what they are looking for, are uncertain about which area of town they want to move to, or prefer to be in the driver's seat of their home search.

Typically, most buyers opt for our Team Member-driven system. This is the more traditional system where your REALTOR sorts through the available homes for sale based upon the criteria you have discussed, sets up a customized search for you to review and then arranges private viewings for each home that meets your criteria, and goes with you to tour the homes.

Step 5: Find Your New Home

Narrow down the available homes until you have found the right house for your needs. Don’t be surprised if you find the perfect home on the first day shopping, so remember to bring your checkbook! 

Sometimes the first home you see is the right one for you. Don’t doubt it. Remember, good deals still go fast. Be prepared to act; however, don’t feel rushed into anything that you aren’t ready for.

Step 6: Write Your Offer

Once you find your home, a purchase agreement will be written and negotiated. Earnest money will accompany the purchase agreement and will be deposited at the time of acceptance. Sometimes the purchase agreement (the offer) is accepted as is and it's over very quickly. However, more often than not there are at least a couple of rounds of negotiations. Deadlines usually require quick turnarounds, so try to be easily reachable during this exciting, albeit nerve-wrecking, time.

Sometimes deals just don’t come together. That’s okay. Maybe it wasn’t the right house after all. When you do find the right house, write the purchase agreement, make it through the rounds of negotiations, and have an accepted offer in hand, it’s time to move on to the next step.

Step 7: Purchasing Your Home

This can be a difficult time. Some people are extremely excited, while others begin to doubt their decision. This is natural. It is important to relax and focus on the future. Communication with your Team Member is very important during all stages, but especially from contract acceptance to closing. You will now have an appraisal and inspection completed on your home. Should any issues come up, your REALTOR will help with any problems or concerns along the way! There is a lot of paperwork during this phase of the home buying process, the potential for another round of negotiations, and financing documents to pull together. But don’t worry! We’re here to help you keep it all straight.

David Brenton's Team's branded moving van

Step 8: Close on Your Home

The closing will be scheduled per the accepted purchase agreement. Once you have a closing date, you can determine your moving date. It is a good idea to call the office and schedule the moving truck as soon as you can to snag your preferred moving date. There will be a large stack of documents to sign at the closing table. Be sure to bring identification and any other forms and/or funds as directed by your Team Member.

Step 9: Move into Your New Home!

Pack your boxes, load the moving truck and start making your new home your own. Congratulations; you've just bought your new home!

Ready to Find Your New Home?

We're your Central Indiana real estate experts. Not only can we answer all your buying questions, we can help connect you with the resources you need to make an informed decision so you're sure to find your dream home at the best price. Take a look at some of the home buying resources we have to offer. If you're ready to view properties and get moving, just call us at 317-882-7210.

How Can We Help?

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