Buying Guide

Columbus is beautiful, with its thriving economy, world-class universities, friendly neighborhoods, and vibrant culture. Here at Embark Real Estate Group, we are thrilled to have the opportunity to help you buy a home in our great city. Whether you’re a first-time homebuyer or an experienced homeowner, there are a few things to keep in mind as you search for the perfect home. Here’s a guide to help you navigate the home-buying process in Columbus, Ohio.

Step 1: Determine Your Budget

The first step in buying a home in Columbus, Ohio, is determining your budget. Your budget will dictate the type of home you can afford and the neighborhoods you can consider. Understanding your finances, including your income, expenses, and debts, is essential. This information will help determine how much you can comfortably afford to spend on a home.

When determining your budget, it’s essential to consider all the costs associated with homeownership. Expected prices include your mortgage payment, property taxes, homeowner’s insurance, and any HOA fees or maintenance costs. You should also set aside some money for unexpected repairs or emergencies.

Try our Mortgage Calculator

We know that navigating the world of real estate finance can be daunting, which is why we’re here to support you every step of the way. Share a few quick numbers with us, and our team of experts will provide personalized guidance to help you make the best decision for your unique situation.  You can quickly estimate your monthly payments, interest rates, and more with just a few clicks. Don’t pursue it alone – let us help you turn your dream home into a reality!

Step 2: Choose the Right Neighborhood

Columbus, Ohio, is a city of diverse neighborhoods with unique characteristics and amenities. When choosing a community, you must consider your lifestyle, commute, and the type of home you’re looking for. Here are a few of the most popular neighborhoods in Columbus, Ohio:

  • German Village: This historic neighborhood is known for its brick-lined streets, charming homes, and proximity to downtown. 
  • Worthington: A beautiful town just north of central Columbus with a dedicated uptown district, excellent schools, and access to one of the largest bike trails in Ohio. 
  • Short North: The Short North is an arts district with a vibrant nightlife, trendy restaurants, and a mix of historical and modern architecture. This has quickly become a popular destination for visitors and twentysomethings.
  • Clintonville: Clintonville is a tree-lined neighborhood with a small-town feel, a famous farmer’s market, and access to parks and bike trails.
  • Upper Arlington: This affluent suburb is known for its excellent schools, spacious homes, and parks.
  • Dublin: Dublin is a suburban community with a strong sense of community, excellent schools, and plenty of outdoor spaces. Its most recent development, Bridge Park, is home to many great restaurants, bars, and a second North Market location. 
Find the Right Neighborhood

Step 3: Find the Right Real Estate Agent and Lender

Working with a qualified and experienced real estate agent is essential when buying a home in Columbus, Ohio. A good agent will listen to your needs and priorities, help you navigate the local market, and negotiate. When choosing an agent, looking for someone with experience working in the neighborhoods you’re interested in and a proven track record of success is essential. When you work with Embark Real Estate Group, you’re not just working with one individual; you’re working with our entire team of specialists. We’re extraordinarily confident in our teams’ capabilities and track record of finding suitable homes for our clients.

If you’re looking for a mortgage lender, fill out our form here, and we can give you some guiding recommendations. 

Step 4: Start Your Search

Once you’ve determined your budget, chosen a neighborhood, and found a real estate agent, it’s time to search for the perfect home. Your agent will help you find properties that meet your criteria, set up showings, and provide valuable insight and guidance.

When looking at properties, keeping an open mind and being willing to focus on your priorities is a crucial part of the process, especially when homes are coming on and off the market in a matter of hours or days. The Embark Real Estate team talks through these priorities with you as you get started so that we can remind you and partner with you through your buying journey.

Step 5: Make an Offer and Negotiate

When you find a home you love, it’s time to make an offer. Your agent will help you prepare a competitive proposal that considers the current market conditions, the home’s condition and location, and other relevant factors. The seller will then either accept, reject, or counter your offer.

If the seller counters your offer, you’ll need to negotiate until you reach an agreement that both parties are happy with. Don’t worry; this is where our expertise comes into play. The Embark Real Estate Group will help you navigate the negotiation process and protect your interests.

Step 6: Close the Deal

Once your offer has been accepted, it’s time to close the deal

Congratulations, you’re almost a homeowner! The final step in the home-buying process is closing the deal. You’ll sign all the paperwork, pay closing costs, and take possession of the home.

Your real estate agent and the lender will guide you through the closing process and provide a detailed breakdown of all the costs associated with the purchase. These costs may include the following:

  • Closing costs: These include fees for appraisals, inspections, title searches, and attorney fees.
  • Prepaid expenses: You pay in advance, such as property taxes and homeowner’s insurance.
  • Down payment: This is the amount you spend on the home.

Once all the paperwork is signed, and the funds have been transferred, you’ll officially become a homeowner. Congratulations!

Post-Closing Tips

Now that you’ve closed the deal and officially become a homeowner, taking a few additional steps is essential to ensure a smooth transition. Here are a few things to keep in mind:

  • Change the locks: For added security, it’s a good idea to change the locks on all the doors leading into your new home.
  • Get to know your new neighbors: Introduce yourself to your new neighbors and get to know the community.
  • Schedule regular maintenance: Keep your new home in top shape by scheduling routine maintenance, such as HVAC system checkups, roof inspections, and pest control.
  • Register for local services: Register for local services such as trash collection, water, and utilities.

Buying a home in Columbus, Ohio, can be an exciting and rewarding experience. By following these steps and working with an experienced real estate agent, you’ll find the perfect home in a neighborhood you love. Good luck with your search, and welcome to Columbus!

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