Owning your own home is one of the most rewarding experiences you’ll ever enjoy. Proper knowledge of the buying process, and whom you choose to help you, can save you from unnecessary headaches.
There are many aspects of the home buying process that require explanation and the more you know, the better position you will be in when it’s time to sign papers. This is where we come in—offering guidance, information and assistance that only a qualified real estate professional can provide. You can rest assured that you are always getting the expert advice and service you deserve.
When you have a dedicated team working together, chances are you'll be moving in to your dream home sooner than imagined.
THE BUYING PROCESS
The first step of the home buying process is to discuss your purchasing power with a mortgage lender. At this point you'll decide where your comfort zone is & which mortgage products are right for you. This pre-approval illustrates your willingness & ability to purchase a home. It is not uncommon for sellers to require pre-approval in order to schedule a showing.
A proper search begins with a list of needs & wants. This list lays the framework for your home search. Tour potential neighborhoods at varying times of day to get a feel for traffic and the community. Showing procedures & appointment availability vary among properties; however most listings are available for showings daily between 10am and 7pm.
Once you find the The One - it's time to draft an offer. Parties will negotiate contract terms. With all terms agreed upon in writing, the contract becomes Ratified. Earnest Money will be deposited into an escrow account (to be credited towards down payment). Any inspections agreed upon will take place. Once inspections are completed - negotiations for any requested remedies will take place, the goal here is to arrive at a mutual agreement between the parties.
Sellers will remedy any repairs agreed upon during inspection negotiations prior to Settlement, also referred to as Closing. On the day of closing - parties will sign all closing documents. Property ownership will legally change hands along with keys to the property. The buyers can now move into their new home.