Buying Info

When it comes time to buy, buy smart! Work with a local agent with the inside knowledge you need to make a great real estate decision!

STAGE 1: FINDING YOUR HOME

GETTING PRE-APPROVED

By getting pre-approved, you know exactly how much home you can afford. There is nothing worse than finding your dream home, only to find out that you cannot qualify for a loan to buy it. A pre-approval also strengthens your bargaining power when negotiating with a seller. I have a number of lenders I can refer you to or you can find your own.

DETERMINING YOUR WANTS AND NEEDS

I have several methods to help you determine your wants and needs and look forward to learning yours!

THE SEARCH BEGINS

At this stage, I will set up a search for you on the MLS which will email you all of the properties available that match your wants and needs. You can then sort the homes into your favorites, possibilities and discard the ones you don’t like. It is a portal so I can see what you like and don’t like. We will base our first day out looking on the ones you have “favorited”.

NEW PROPERTIES ON THE MARKET

When a new home comes on the market that matches your search criteria, the MLS will notify me and I will send it over to your portal. Once the property is available, I can tour the property with or without you (your choice).

PROACTIVE SEARCH

If your search criteria is narrow enough, I will send letter or postcards to all of the homeowners who have properties that match your wants and needs letting them know that I have a qualified prospective buyer interested in homes like theirs. This method has proven to be very effective for buyers with limited options.

DETERMINING YOUR OFFER PRICE

Once you have found the right house, we will determine your offer strategy.

STAGE 2: MAKING AN OFFER

WRITING THE OFFER

My goal is to get your preferred home on your terms which includes things like closing dates, items or parameters to be included in the sale, and of course price and earnest money. I will explain your contractual rights and responsibilities, talk about different negotiating strategies and give as much advice as I can. The offer will spell out how much you are willing to pay for the home, what type of financing you will obtain and a myriad of other important details and dates relevant to the purchase of the property.

NEGOTIATING WITH SELLERS

After we complete the paperwork, I will deliver your offer to the Sellers or the Sellers agent. This is an important step because it gives me an opportunity to explain the offer, overcome objections, build rapport and answer any questions the sellers may have. The Sellers will do one of three things: Accept, reject or counter the offer. Often times negotiations will go back and forth several times before the offer is accepted or rejected.

STAGE 3: TAKING CARE OF CONTIGENCIES

HOME OWNERS ASSOCIATION

If the property is a part of a Home Owners Association, you will have an opportunity to read and accept the Documents pertaining to the association. Basically, these documents describe the rules, regulations and finances pertaining to the association.

TITLE COMMITMENT

The sellers of the property will provide you with a Title Insurance Policy. This policy protects you, the buyer, against loss arising from disputes over ownership of a property. You will have an opportunity to review the policy and determine if there are any exceptions to the policy that you find objectionable.

INSPECTION

Your offer may include an inspection. If so, I recommend you hire a professional inspector to help you with the task.

APPRAISAL

I will work with the appraiser to make sure he or she has all the information about the property to make an informed and fair appraisal.

STAGE 4: CLOSING AND POSSESSION

CLOSING

The "closing" is actually comprised of two separate closings, however they happen at the same time - the securing of the loan and the transfer of the property. At the real estate closing you and the seller will sign closing documents relating to the transfer of the property.

POSSESSION

The loan closing takes place after you sign the loan documents. After all documents are signed, the transaction is submitted to the county for final recording of title, and is finally closed. As per the contract, the home is yours and I will deliver the keys to you!