Find Your Perfect Home
Explore the buying process below, then reach out when you are ready to tour or make an offer in the Des Moines Area.
Buying Process
From pre-approval to closing, here's what to expect when you work with Michael.
Introduction
We start with a consultation to learn about your needs, budget, and ideal timeline.
Get startedPre-Approval
Connect with a trusted lender to get pre-approved and know exactly what you can afford.
Get startedOffer & Negotiation
We craft a competitive offer and negotiate on your behalf to get you the best deal.
Get startedMove In
Congratulations — the keys are yours! We're still here if you have questions after closing.
Get startedBuyer's Guide
Key information to help you buy with confidence. Click a topic to explore.
You may need less than you think. Several loan programs let qualified buyers purchase a home with little to no money down.
VA Loan
For eligible veterans, active-duty service members, and surviving spouses. No down payment, no PMI required.
USDA Loan
For qualifying rural and suburban areas. Zero down for buyers who meet income limits in eligible locations.
FHA Loan
Backed by the Federal Housing Administration. More flexible credit requirements — a popular choice for first-time buyers.
Conventional
Fannie Mae and Freddie Mac programs allow as little as 3–5% down for qualified buyers with competitive rates.
Requirements vary by lender and individual qualification. Michael can connect you with a trusted local lender.
Lenders use your FICO score to determine loan eligibility and interest rate. Understanding these five components can help you strengthen your score before applying.
Don't let common misconceptions stop you from taking the first step. Click any card to reveal the truth.
It's impossible to get a low down payment loan.
VA and USDA loans offer 0% down. FHA requires just 3.5%, and conventional programs start at 3–5% for qualified buyers.
You need perfect credit to qualify for a mortgage.
Many credit issues can be explained or corrected. Lenders look at the full picture — not just your score.
A past bankruptcy or foreclosure means I can never qualify.
Waiting periods apply, but buyers with prior bankruptcies or foreclosures can and do qualify for new mortgages.
Getting pre-approved is expensive and hurts your credit.
Pre-approval typically only requires a ~$35 credit report fee. Multiple mortgage inquiries in a short window count as one.
Adjustable Rate Mortgages (ARMs) are always more expensive.
ARMs can be less expensive depending on your situation and timeline. Ask your lender to compare both options.
All lenders offer the same rates and terms.
Rates and fees vary widely. Reliable lenders quote fees upfront and lock your rate at closing — shop and compare.
I should wait to get pre-approved until I find a home.
Start early. The best rates go to buyers with the strongest credit, and pre-approval gives you a real edge in a competitive market.
After your offer is accepted, a few milestones stand between you and move-in day. Open each topic for plain-language guidance — your lender and Michael will handle the specifics for your contract.
Inspection & repair negotiations
Most purchase agreements include an inspection contingency. Use the inspection to understand the home’s condition — not as a second round of price haggling unless major issues appear.
- Attend the inspection if you can; you will learn how systems work.
- Decide with your agent which items to ask the seller to repair, credit, or accept as-is.
- Keep deadlines in writing so you do not lose your earnest money protections.
Appraisal vs. your contract price
Your lender orders an appraisal to confirm the collateral value. If it comes in below your offer, you may need to renegotiate, bring extra cash, or walk away if your contract allows.
- Michael can provide comps to support value if there is a legitimate gap.
- Know whether your offer included an appraisal gap clause and its limits.
- A low appraisal is not personal — it is the lender’s risk model, not a verdict on the home.
Loan approval & “clear to close”
Between contract and closing, your lender verifies income, assets, and the property. Avoid new credit cards, large purchases, or job changes until you sign — they can delay or derail approval.
- Respond quickly to document requests; missing paperwork is the #1 delay.
- “Clear to close” means underwriting is satisfied — then the title company sets the final appointment.
Closing costs & cash to close
Beyond your down payment, expect lender fees, title insurance, recording fees, prepaid taxes and insurance, and prorations. Your Loan Estimate and Closing Disclosure spell out every line.
- Compare the final CD to your LE — large unexplained changes should be questioned.
- Wire fraud is real: always confirm wiring instructions by phone with a known number.
Walk-through, keys & utilities
Just before closing, you will do a final walk-through to confirm agreed repairs and that the home is vacated as expected. After signing, you get keys per the contract — often the same day.
- Schedule utilities in your name effective closing day.
- Bring government-issued ID; funds must be wired or delivered as the title company requires.
Pre-closing checklist
Check items off as you go — nothing here replaces your contract or lender, but it keeps the big rocks visible.
Contract & dates
Money & docs
Mortgage Calculator and Buyer Financial Tools
Run the numbers before you buy. Use these calculators to understand your options, budget, and long-term costs.
Looking for a home mortgage calculator? Start with the Mortgage Payment tool below, then compare affordability, amortization, and rate scenarios with the rest of the calculator suite.
Questions about buying?
Send a message or use the full contact page—Michael will get back to you.