Homebuying Process

The Homebuying Process

Follow these steps

  1. Get prequalified - Your lender will look at your income, credit scores, revolving debts, obligations such as child support as well as the type of loan you choose. Other factors that impact how much home you can buy is the down payment; smaller down payments mean higher monthly payments. Last, the interest rate and terms (30-year, fixed or adjustable rate) will determine what you can afford in monthly payments.
  2. Make your wish list - Decide where you want to live and how many bedrooms and baths you'll need. Consider lifestyle - condominiums offer shared amenities, with little responsibility. Single-family homes offer more space and privacy, but much more exterior and yard maintenance.
  3. Hire a real estate professional - Your real estate professional should be expert in the area where you want to live and familiar with the type of home you want to buy. Your agent has house-by-house experience in your neighborhood and can offer the best advice on homes in your range.
  4. Select your home - No home is perfect, so don't let minor flaws influence you. Think long-term. Which home best suits the activities and needs of your household now and in the years ahead? Don't buy more than you need or can comfortably afford.
  5. Make an offer - Your offer depends on the current market. If a home has been on the market a long time, you can ask the seller for a price reduction, but if it's new on the market, the seller is unlikely to accept a low offer. Ask your real estate professional for advice.
  6. Get an inspection - A home inspection is a professional third-party opinion of the home's condition. The inspector will point out the age of systems, and large and small repairs that are needed, so you'll know what you're facing as the next owner.
  7. Get an appraisal - The bank appraisal determines the market value. If the home doesn't appraise for the purchase price, the bank will refuse to make the loan unless you renegotiate with the seller. If it appraises, the lender will move toward closing.
  8. Go to closing - Once final negotiations are complete, the parties to the transaction meet at the escrow office. This could be a title company, real estate attorney, or whatever is customary in your area. All paperwork is signed by both parties. The lender pays the seller, minus any liens against the home such as the seller's mortgage. Once all the disbursements have been made, you get the keys to your new home, according to your agreement.


Contact Engel & Völkers Foothills for assistance on your next real estate journey. Whether you're looking to buy or sell, trust the local experts. Our advisors offer their clients a wealth of knowledge and work to get them the most favorable deal.




Things to Consider When Buying a Home

Buying a Home is Kind of a Big Deal....

Finding and purchasing a home that will meet your needs is a significant and often stressful time. Our goal is to make this transition as smooth as possible. We are experts in the area, and once we learn what it is that you're looking for, finding your dream home is simple.

Before you start looking for a home, you should ask yourself a few questions:

  • Where do you want to live? Are there particular communities or neighborhoods that you like?
  • What kind of house would you like (need)? Are you looking for a particular style? How many bedrooms and bathrooms do you want?
  • Is a home office a necessity? Do you need a bonus room or flex-room?
  • Do you entertain often? Is a home suitable for entertaining something you're looking for?
  • Do you want a yard, pool, gated or guard gated community?
  • Have you determined your price range or consulted a lender to determine the best price range?

Searching for your dream home can be a time-consuming experience. Working with our professional team will make the process much more efficient.

Learn more today by visiting our buyers page.

For all your real estate questions, contact Engel & Völkers Foothills.


Hawksbill at Lake James

Hawksbill at Lake James

Land for Sale - Hawksbill at Lake James

Hawksbill at Lake James is a quiet, gated community with 46 lots on over 60 acres. Lot sizes range from 1.5-3.5 acres. The lots are served by city water, private septics and underground utilities. The area is nicely wooded and just 4 miles to Linville Public Access ramp and offers an affordable choice for living at Lake James. Minimum square footage of 1500 sqft and reasonable building requirements. Hawksbill offers easy access to the Fonta Flora State Trail for biking, running, or walking. Just 15 minutes to Morganton shops, restaurants and entertainment. VIEW AVAILABLE LOTS FOR SALE!

Engel & Völkers Foothills

3053 NC 126
Morganton, NC, 28655


Marion NC

Marion - Where Main Street Meets the Mountains

Downtown Marion, NC is a hidden gem that combines the charm of a small town with the breathtaking beauty of the Blue Ridge Mountains. As you step onto Main Street, you'll immediately be captivated by the warm and welcoming atmosphere that permeates the entire area. With a population of around 7,500 people, Marion offers a close-knit community feel that is both inviting and progressive.

Founded in the mid-1800s, Marion boasts a rich history that has shaped it into the thriving city it is today. In recognition of its commitment to preserving its historic downtown district, Marion has been designated as a "Main Street" city by the North Carolina Department of Commerce. This designation is a testament to the city's dedication to maintaining its small-town charm while also embracing growth and development.

Located just a short 20-minute drive west of Morganton and about 40 minutes east of Asheville, Marion is perfectly situated between the mountain and piedmont regions of North Carolina. Its convenient proximity to Interstate 40 makes it easily accessible for both residents and visitors alike. And with Charlotte just an hour and a half away, Marion offers the best of both worlds – a peaceful mountain retreat within reach of a bustling city.

One of Marion's biggest draws is its close proximity to Lake James, a stunning 6,812-acre reservoir known for its crystal-clear waters. Being so close to this natural wonder allows residents and visitors to enjoy a host of recreational activities year-round. Whether it's boating, fishing, swimming, or simply taking a leisurely stroll along the lake's shoreline, there's no shortage of outdoor adventures to be had.

But the fun doesn't stop at the lake. Marion also offers a wealth of other recreational opportunities that celebrate the region's natural beauty. The Joseph McDowell Historical Greenway, for example, offers scenic trails for hiking and biking, allowing nature enthusiasts to immerse themselves in the lush surroundings. For those who prefer a round of golf, the Marion Lake Club Golf Course provides a picturesque backdrop as you perfect your swing. And if you're in the mood for a breathtaking waterfall experience, Toms Creek Falls is a must-visit destination.

When it comes to the heart of Marion, nothing beats the vibrant downtown area. Main Street is lined with locally owned restaurants, craft breweries, bars, boutiques, and other forms of entertainment. Foodies will rejoice at the diverse dining options available, including the popular Crabby Abby's, McDowell Local showcasing local flavors, and Bruce's Fabulous Foods offering exceptional cuisine. And for those seeking a taste of the local craft beer scene, Mica Town, the first craft brewery in McDowell County, guarantees a refreshing beverage experience.

To truly embrace the downtown lifestyle, check out Refinery 13 and the Spillway Bridge & Company, where you can enjoy a variety of local drinks and entertainment. And if you're in the mood for some shopping, Flavors on Main is a must-visit destination. This unique establishment not only serves as a general store but also doubles as a fly shop and outfitter, making it the perfect place to find a one-of-a-kind gift or gear up for your next outdoor adventure.

The Miller Complex, located in the heart of downtown Marion, is a testament to the city's commitment to providing its residents with everything they need. This bustling complex is home to a range of businesses, including restaurants, a bakery, a skating rink, and even a gym. With so much to offer, it's no wonder that Marion is a hub of activity all year round.

In addition to its everyday attractions, Marion also plays host to several community events and festivals that draw visitors from all over. The Mountain Glory Festival and the WNC Bigfoot Festival are particularly popular, attracting thousands of people each year. These lively celebrations showcase the unique charm and character of Marion, giving visitors a taste of the city's vibrant spirit.

With its picturesque setting, friendly community, and abundance of recreational opportunities, it's no wonder that Marion ranks as one of the most affordable and desirable places to live, work, and play in North Carolina. Whether you're exploring the historic downtown, indulging in delicious local cuisine, or immersing yourself in the natural wonders that surround the city, there's always something new and exciting to discover in Marion.

To learn more about living in Marion or available real estate, contact us today to speak with a real estate advisor! View available properties in Marion, NC.

Engel & Völkers Foothills

3053 NC 126
Morganton, NC, 28655