The Home Buying Process

What is Involved in Buying a Home Here

This is a description of the basic process you will go through when you work with me to buy your next home.  I have the knowledge of the real estate market here in this area and the negotiating skills to help make buying your next home as comfortable and easy as possible.

The Meeting

It is important that we sit down and discuss the buying process together in person. We will talk through the phases of a typical transaction, discuss your wants and needs as they relate to real estate, and generally just get to know one another. I will outline how I will coordinate with each of the parties involved to help the transaction go as smoothly as possible.

The Search

Once we have a good idea of what you want we will search the computer for all the listings that match your criteria. After we preview the properties to eliminate the bad ones we will go see the rest together. This is when both of us will learn the most about what you like and what you don’t. I listen to YOU and tailor the search to meet YOUR needs!

The Extended Search

If you don’t find anything you like from the houses that are currently on the market, then we must wait for your house to come onto the market. At this point we must be ready to act quickly.
The Process: Throughout the time we are searching we will try and send you as many digital photos as possible in order to eliminate as many properties as possible and save you as much time as possible. When something looks interesting we will go see it in person.

The Offer

Yea! We have found a house that you want to make an offer on. At this point we will take enough time to explain all of the contracts to you in detail! What they mean, what they are for and why we are using them. We will advise you on all aspects of the contract so that you can make the best decision on how much to pay, how much earnest money to put down, what to ask for after the inspection and etc. You will need someone with strong negotiating skills to make sure that your interests and needs NOT THE SELLER’S are represented in the transaction. I will be there every step of the way!

Acceptance

Congratulations! You have made an offer on the house you love and the seller accepted the offer. We now have a binding contract. We only have a couple of minor obstacles left before the house is yours.

Inspection

This is the best education that you can get about your new house. A qualified inspector of your choice will be able to tell you many, many useful things about your new home. He or she is also there as a safety net should there be something seriously wrong with the house causing you to disapprove of the inspection. At this point we can still negotiate with the seller to repair whatever the defect is.

Appraisal

Your lender will send someone out to make sure that the house is worth what you paid for it. There is rarely a problem here but should the house not appraise at the sale price you would not be forced to buy it.

Signing

The escrow company will schedule you to sign all the documents a few days before your closing date. This insures that all the documents are ready to record on the scheduled closing date.

Closing

Congratulations. Here comes the moving van. After you sign all the documents and the funds are available to the seller then the house becomes yours. Before this date you must have your homeowners insurance.