YOUR GUIDE TO BUYING
Find Your Perfect Home
Location, location, location. You must’ve heard that before. But that’s because, much of the time, that’s what real estate is all about. And never is it more true than when you’re buying a home. As a certified Real Estate Agent, I have the local knowledge, skills and experience to help you through the buying process. From property hunting and price negotiations to mortgage offers and legal paperwork, I’ll help you meet your goals, whatever they may be. Your dream home is waiting and I can’t wait to help you find it.
THE STEP BY STEP BUYING PROCESS
1. CHOOSE AN AGENT
Choose a broker you trust, like and know is key. Someone that works and lives in the community that knows and understands the lay of the land.
2. GET PRE-APPROVED FOR A MORTGAGE
In today’s home-buying environment, a mortgage pre-approval is essential. It not only lets you know what you can afford to buy, but also demonstrates to sellers that you are a willing and able buyer.
3. CREATE A WISH LIST
Almost every home purchase involves some degree of compromise. There are many variables to think about depending on your lifestyle, budget and future plans, but some universal considerations include: Location, type of home, features and amenities.
5. MAKE AN OFFER
When you find a home, it’s important to act quickly and make an educated offer based on the strategy you and your broker have discussed. Your broker will draw up a contract that includes your offer price and other terms and contingencies. Here are some of the most common elements of a real estate contract: Price, mortgage contingency, home inspection contingency, attorney approval, earnest money, closing date.
6. NEGOTIATE COUNTEROFFERS
In most transactions, there’s a fair amount of offers and counteroffers. Your broker will draw upon his or her experience and market knowledge to offer sound advice during a negotiation, and he or she can also serve as a buffer between the buyer and the seller/seller’s broker.
7. CONTRACT TO CLOSING
There are dozens of loose ends to tie up between signing the contract and closing the sale. Your broker will coordinate and oversee the following steps:
Deliver earnest money
Recommend and schedule a home inspector and accompany the buyer on the inspection
Recommend real estate attorneys
Obtain important documents, such as property disclosure forms and condominium documents
Recommend mortgage brokers and help expedite the loan-application process
Monitor all contingencies to ensure that they have been met
Recommend service providers for moving, home-improvement and repairs
Schedule a finalwalkthrough. Both the buyer and buyer’s agent should be present
Coordinate and attend your closing
Your broker will work closely with you, your lender, your attorney, and the seller’s broker to make sure everything is in place for a smooth and efficient closing.