- Choosing a Great Agent
- How Much Can You Afford?
- Getting Pre-Approved
- Defining Your Home Search
- Searching Online
- Submitting an Offer
- Inspection Period
- Closing On Your New Home
Choosing a Great Agent
One of the most important decisions you can make is to partner with an experienced Realtor who makes you feel comfortable. It also helps if this agent happens to be a local market expert. Fortunately you’ve come to the right place!
In addition to knowing the area like the back of my hand, I have specialized training in helping buyers find exactly what they are looking for. After discussing what’s most important in your new home, we will focus on properties that meet both your criteria and budget.
And it doesn’t stop there. We’re also going to focus on the big picture, which means finding the home that fits well with your lifestyle. This is accomplished by taking some of the most important aspects of your life into account (where you work, where you spend your free time, proximity to schools etc.).
Starting to get as excited as I am? Pick up the phone and give me a call so that we can get started!
How Much Can You Afford?
Before we set out to find you the perfect home, we’re going to need to determine how much you can afford to spend. One of the best places to start is getting pre-approved by a lending professional.
I work with a number of excellent lenders and mortgage professionals, so please let me know if you don't already have someone you're working with.
I would advise you to be careful about stretching yourself too thin - we want to find you an amazing place to call home, not a black hole that consumes most of your income leaving you unable to pay for other things.
A pre-approval letter is a document provided by a lender that states you have been approved to borrow funds, up to a specified amount, for the purchase of a home.
In order to get pre-approved, the lender you choose will analyze your financial situation and use the relevant numbers to arrive at the amount you are qualified to borrow. This involves reviewing your income information, financial resources and running a credit report to determine the following:
- Income Information - Do you have a steady stream of income and ability to pay?
- Financial Resources - Do you have sufficient funds or access to a co-signor?
- Credit Report - Do you have a history of paying your bills on time?
While this may seem like lots of information, lenders and mortgage brokers are experts at quickly rolling all of this together and getting you on your way.
Don’t already have a lender? I am fortunate to work with a variety of good lenders and would be happy to pass on a list of recommendations!
Defining Your Home Search
Finding the right home is more than simply finding a property that falls within your budget. The happiest homeowner’s are the ones that examine the big picture and identify the things that are most important to their lifestyle.
- Does being close to an employer or within a certain school zone take precedence?
- Do you have a hobby or home business that requires dedicated space?
- Are you looking for a home that meets your immediate needs, or do you need something that can accommodate a growing family?
These are just a few of the questions you should be asking yourself. I have lots of experience helping buyers examine critical questions such as these.
Give me a call today and let’s get started!
Congratulations! You are already using one of the most powerful real estate websites in existence to begin your home search.
Unlike newspapers and other print publications that only show a small sampling of available homes, my website contains the most up to date listing information available. In fact, there are thousands of active listings that can be searched using MLS search tools that are only a click away.
Search for properties, save your favorite listings, email potential finds and even schedule a showing - all from one place! Property information is updated multiple times each day, so you can rest assured you always have access to the most up-to-date data available.
Submitting an Offer
Identifying a promising property that you decide to make an offer on is only the first step to getting into your new home. One of the most important things we will do is sit down together and decide how to write up the purchase and sales agreement.
This goes well beyond determining an offering price: it involves picking a closing date, setting an inspection period, and asking for repairs and special stipulations (if necessary). Lots of other things will come into the picture as well, so this is one phase where it really pays to have an experienced agent such as myself.
My goal is to make your buying process as stress-free and seamless as possible. Having completed this process many times with great success, I can navigate you around potential pitfalls and get you into the home of your dreams!
Few things can be more stressful that negotiating for real estate, especially when it involves a home your new home. When things start getting emotional or tensions flair up, it can be invaluable to have an experienced agent who can provide an outside perspective.
It can also save you lots and lots of money. Many homeowners have overpaid out of fear of “losing” their future home, a mistake that can cost dearly when it comes time for resale. Real estate markets across the country are littered with overpriced listings being sold by owners who paid too much - so let’s avoid falling into that trap.
One of my jobs is to prevent you from making avoidable mistakes, a job that I take very seriously. Don’t just choose an agent, choose one that has your best financial interests at heart - me!
After getting your future home under contract, there will be an inspection period during which you can thoroughly inspect the property. That way you only have to spend money inspecting a home that you have the right to purchase, as opposed to ones that are still available to other buyers.
If you or an inspector identifies previously unknown defects during the inspection period, you can bring these items to the seller’s attention and negotiate repairs. If you are unable to come to an agreement with the seller, you have the right to walk-away from the deal (generally with earnest money in hand).
I always recommend that my clients pay for a home inspection by an ASHI-certified (American Society of Home Inspectors) home inspector. Investing in the cost of a home inspection is one of the wisest decisions you can make.
Closing On Your New Home
It is very important to show up on time for your closing. If you are running late or anticipate any delays, please let me know immediately so that I can inform the title company.
Some closings are conducted face-to-face with the sellers, while others are closed with both parties in separate locations. If you happen to be purchasing a foreclosure or bank-owned property, the seller will most likely choose not to attend closing.
Make sure you have your drivers license, passport or military ID with you for closing. These documents are required for all parties who will be listed on the title.
Once all documents have been signed and notarized, I will hand you the keys to your new home and you will be on your way!