How home buying Process Works

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Consultation and Assessment

  • Initial Meeting

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard.

  • Initial Meeting

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard.

Customized Plan Selection

  • Initial Meeting

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard.

  • Initial Meeting

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard.

WHAT MY CLIENTS SAY

TESTIMONIALS

Work Process

The Timeline

01

Meeting With Your Agent

Our first meeting could be at my office or perhaps at the local coffee shop. In this meeting, I will want to learn more about you, your family, your needs, and expectations. We will talk about what you can expect from the buying process and learn how you’d like to proceed. If you have not contacted a lender yet, I can help you find someone so that you have a pre- qualification letter in hand. This way you will be prepared to write an offer when you find the right home.

02

House Hunting

This is the fun part. Once you identify what you want in your ideal home, I will take your criteria and get to work. You will go to see the listings on the market which fit your needs and I will make sure you’re the first to hear about fresh home listings.

03

Writing the Offer

Now it’s getting exciting! You found a home that you like and it’s time to write the offer. Before you write an offer, I will reach out to the listing agent to gather any information they have to share. They will research the comparable properties in the neighborhood so that you can decide what purchase price to offer. At this time, we will also discuss terms. How long of an escrow do you need/want? If there are multiple offers on the home, you might play with terms or price to package your offer in a favorable light.

04

Seller’s Response

Of course, the best possible response is a resounding “yes”! But often there will still be negotiations, either in price, terms, or both. If the seller wants to amend the offer it will be done on a counteroffer. There could be multiple counters back and forth before an agreement is reached. This is normal and does not mean that the seller does not want to work with you. Once there is an agreement, then escrow is opened, and the contingency period and the closing process begins. It is also at this time that your deposit check will be cashed and held with escrow.

05

Contingency Period

The offer will include timeframes for different contingencies. These contingencies are just a gathering of further information so that you can make a final decision to close on this home. In some cases, you may need to walk away from the situation, and I will be there to help navigate this for you and protect your financial interests. Contingencies include things like seller disclosures, title reports, and homeowner’s association documents among others. While all these contingencies are important, the two primary contingencies are home inspection and appraisal.

06

Home Inspection

The home inspection should be done by a licensed home inspector. The inspector will perform a comprehensive inspection of the home and its major systems. This includes plumbing, electrical, appliances, roof, heating, and air conditioning, and much more. Based on the outcome of the home inspection, you might need to bring it additional specialists such as a mold expert or roofing contractor. Most buyers also ask for a termite/wood rot inspection. Depending on the results of these inspections, you can submit a request for repairs to the seller. The seller is under no obligation to accept your list, however. If they refuse your request, you can either accept the home as-is or cancel the transaction.

07

Appraisal

The appraisal is ordered by the lender as part of the final loan package for approval. The appraiser is an independent professional who will create a report identifying the home’s value. The appraisal is your insurance that you are not paying more than the market value for the home. It also protects the lender from potentially loaning more than a home is worth.

08

Signing Loan Documents and Closing

Once you remove all your contingencies and are comfortable with the home, it’s time to close. Signing your loan documents will be handled by escrow and then they will arrange the funding and change of title. Once title records the change of ownership, you are a happy homeowner! Congratulations! Buying a home is a series of steps. As you move through the process, you learn a little more about the home, its condition, and your loan. If all the information you receive is positive and fits your needs, then you will close on your new home.