Owning a home is probably the largest investment most people make in their life. When you consider all of the details that must come together - mortgage qualification and approval, efficiently searching for available homes, finding the right home, negotiating the purchase price and terms with the seller, choosing which home inspections and inspectors are appropriate, re-negotiating with the seller for repairs or corresponding price concessions, dealing with title/escrow services and appraisers, plus a myriad of other aspects - the process can be overwhelming. To get started, click this link for a general overview of The Home Buying Process.
The best place to start the process is by choosing an experienced, knowledgable Broker/Realtor®! 93% of all homes sold in 2018 were listed and sold through a local Multiple Listing Service (MLS). When a home listed in the MLS is sold, the Seller usually pays both the Listing Broker and the Buyer's Broker's commissions, which means when you hire a Broker/Realtor® to represent only your best interests, your Realtor®/Broker's professional services are provided to you at no charge! Click this link for valuable information about Why hire a Real Estate Professional?
After choosing a trusted Broker/Realtor® - (like me) - The next most important step is to choose a mortgage lender (unless you are paying cash or the seller is providing financing). Before actively scheduling appointments to view homes, you want to be "pre-qualified or pre-approved" in order to confirm your purchase price budget. Then, your Realtor® can pinpoint homes that will fit your finances to make your search much more efficient and productive. Plus, most Realtors® recommend mortgage pre-approval because it strengthens your offer - sellers like to know the buyer already has financing secured. Your mortgage professional will provide a "pre-approval letter" that will be sent with your initial offers to give the seller more confidence in you as a buyer and help your offers stand out from other potential buyers. Click this link for Mortgage Financing options and information.
In order to make the buying process smoother and help you find the right home for you, I have created a comprehensive profile to help you establish your "needs" and "wants" for your new home. Click this link New Home Profile & Buyer Info to download this .pdf to print, complete and then send to me. I will provide a list of homes for sale or setup a targeted online search that matchs your profile for you to consider - making your search easier, faster and much more productive. This valuable information enables me to professionally help you find and buy your new home.
Other than actually living in your new home, Searching and Viewing Homes is the most exciting, fun part of the process - but it is also the part that most buyers say they need the most help from a Broker/Realtor®! Having a Broker/Realtor® help them ﬁnd the right home was what buyers wanted most when choosing a Broker/Realtor® at 52%. Click this link Search and Find the Right Home for You! for more information.
When we've found the right home for you and you're ready to make an offer - keep your emotions in check and your eyes on the goal - you’ll save money when purchasing a home! There's a lot more to negotiate besides the price - in fact, virtually everything in a real estate transaction is negotiable! Click this link Offers & Negotiations for more information.
When all terms of the transaction have been negotiated, you are "under contract". At that time the due diligence period begins subject to deadlines in the purchase agreement and all contingencies must be satisfied before closing on your new home. Click this link Due Diligence - Satisfying Contingencies for more information.
Closing and Possession. You will normally sign at a Title/Escrow company - as a neutral party, they will prepare documents, provide title insurance, receive & disburse funds and record documents. When funding and recording occurs (usually the next business day), you will receive the keys, are entitled to possession and can move into your new home! Congratulations, you officially own your new home! Click this link Closing and Possession for more information.