The Buying Process
PRE-APPROVAL
Many buyers apply for a loan or obtain approval before they find the home they want to buy. Why? Pre-Approval will help you in the following ways: Generally, interest rates are locked in for a set period of time. You will know in advance exactly what your payments will be on offers you choose to make, and you won’t waste time considering homes you can not afford. A seller may choose to
How much can you afford?
There are 4 key factors to consider: the down payment, your ability to qualify for a mortgage, monthly payment amount and the closing costs associated with your transaction.
Closing Costs
You will be required to pay fees for loan processing and other closing costs. These fees must be paid in full at the final settlement, unless you are able to include them in your financing
Making an Offer
Once you have found the property you want, we will write a purchase agreement. While much of the agreement is standard, there are a few areas that we can negotiate:
The Price
What you offer on a property depends on a number of factors: condition, length of time on the market, buyer activity, and the urgency of the seller. While some buyers want to make a low offer just to see if th
Negotiations
The seller will then either: accept the offer, reject the offer or counter the offer with changes. My experience and negotiating skills become powerful in representing your best interests. When a counteroffer is presented, you and I will work together to review each specific area of it, making sure that we move forward with your goals in mind and ensuring that we negotiate the best pos
CLOSING
Prepare for It Closing day marks the end of your home buying process and the beginning of your new life!
Connect with your Lender Reach our to your lender to get wire instructions to cover cost of closing and verify they have everything they need.
What to Bring To make sure your closing goes smoothly, you should bring the following: proof of insurance, photo identification, and your socia
Delivery of the buyer’s funds This is the check or wire funds that provided by your lender in the amount of the loan
Delivery of the deed A deed is the document that transfers ownership of real estate. The deed names the seller and buyer, gives a legal description of the property, and contains the notarized signatures of the seller and witnesses. At the end of closing, the deed will be taken and r