A QUICK GUIDE TO THE PROCESS
PRESENT AN OFFER
- BUYER CONSULTATION/NEEDS ANALYSIS
In this step, we explore your specific needs, wants, and budget for your new home. Here are a few of the questions we will discuss to help me get a clear vision of your ideal outcome:
- Which areas are you most interested in? Select three or more.
- Consider your needs, nearby schools, and your lifestyle.
- What are your must-haves? Prioritize these items from most important to least.
- What are your deal-breakers?
- What is your ideal style of home?
- PRE-APPROVALIf you require financing for your new home, this is an important and necessary process that determines what you can afford and establishes your budget. Take the time to compare the best mortgage options for your needs and select a reputable lender as a partner in the process. In a competitive market, sellers typically want verification of a buyer’s pre-approval. Your pre-approval letter is necessary and a strong negotiating asset. You will want to be pre-approved before we start viewing homes.
FINDING YOUR DREAM HOME
- LET’S START THE SEARCH
I will research listings that match your specific needs and goals, and then I will preview the properties to confirm they meet your needs. This way, you won’t waste valuable time viewing homes that are not a good fit for you.
- MAKING AN OFFER
When you are ready to make an offer, I will walk you through the contract. It is important to present a reasonable offer, or you could run the risk of the seller not responding, or even losing the property to another buyer.
- Write the Offer
- Negotiate the Offer
- Escrow Due Within 3 Business Days
- Satisfy Any Remaining Contingencies
INSPECTIONS AND MORE
- HOME INSPECTION
If a pre-inspection was not previously done, the first step after mutual acceptance is to schedule a home inspection. This is your best opportunity to evaluate the home’s systems and structure. A home inspection is invaluable. You will have a specified number of days to complete the inspection after your offer has been accepted. Your home inspection report will outline any items deemed defective or problems that must be corrected. If repairs are needed, I will negotiate on your behalf to address those items of concern.
- APPRAISAL & TITLE SEARCH
An appraisal is an estimate of the property value. The appraisal is not only designed to support the lender’s investment but is also an effort to protect the buyer from overpaying on a property. Your lender will typically hire an appraiser and collect the fee at closing. The property title gives someone the right to own, possess, use, and control a property. When purchasing a home, you are buying the seller’s title to the home. Before closing, a title search is performed to ensure there are no liens or encumbrances that could prevent a clean title for you to close on the property.
The closing process finalizes the purchase of your home.