YOUR BUYING GUIDE
STEP 1 - Choose Your Agent
Find the Right Partner
You want someone who has the skills and care to help you make one of the biggest investments of your life
Find an agent who has the skills and care to help you make one of the biggest investments of your life
STEP 2 - Obtain Financing
Sellers will want to see proof of funds if you are paying with cash, or a pre-qualification letter if you finance part of the sale
Can You Prove It?
Sellers will want to see proof of funds if you are paying with cash, or a pre-qualification letter if you finance part of the sale
Step 3 - Select Properties
Evaluate Your Needs
Get clear about what it is that you need, and what it is that you want
Evaluate Your Needs - Get clear about what it is that you need, and what it is that you want
Step 4 - View Properties
Research - Work with your agent to see what's available on the market
Be Intentional
Be ready to make clear decisions on the homes that you believe could be a good fit to save yourself time and stress.
Step 5 - Write an Offer
Make the Bid
Pull together an written contract that works for your goals and the current market
Step 6 - Negotiate Terms
Make it Work - This can be a process of finding the win-win scenario in buying and selling
Lock in the Details
Almost anything in the contract can be negotiated. Don’t surprised if a seller comes back with some requests.
Step 7 - Accepted Contract
Bind the offer
Once accepted and bound, the performance deadlines start ticking.
Bind the offer - Once accepted and bound, the performance deadlines start ticking.
Step 8 - Conduct Inspection
Get Reports - Inspections will tell you everything you want to know about the condition of the house
Get Reports
Inspections will tell you everything you want to know about the condition of the house
Step 9 - Negotiate Repairs
Address the issues
This is your chance to raise objections to any issues that came to light during inspections and get them resolved
Address the issues - This is your chance to raise objections to any issues that came to light during inspections and get them resolved
Step 10 - Loan Processing
Appraisal/Underwriting - This process includes getting credit checks, financial disclosures, appraisals, and land surveys
Appraisal/Underwriting
This process includes getting credit checks, financial disclosures, appraisals, and land surveys
Step 11 - Clear Title
Deed of Ownership
The title company will ensure that there are no liens or additional claims to ownership on the property
Deed of Ownership - The title company will ensure that there are no liens or additional claims to ownership on the property
Step 12 - Home Insurance
Get Covered
This is the time to make sure that the property is insurable in the condition that you will buy it
Step 13 - Obtain Funds
"Clear to Close"!
If financing, the mortgage will go through final review and underwriting, and once funds are obtained you will be "clear to close".
Step 14 - Closing
Sign and Swap - Sign closing documents, schedule swap of keys and utilities, fund the purchase.
Sign and Swap
Sign closing documents, schedule swap of keys and utilities, fund the purchase.
Step 15 - Possession
Move in Day!
Sometimes possession is given after closing, but usually you are given possession once the title company processes paperwork and funds. Time to enjoy your new house!
Move in Day! - Sometimes possession is given after closing, but usually you are given possession once the title company processes paperwork and funds. Time t...