BUYING
BUYING
Understanding The Buying Process & Your Needs
We start by outlining your objectives: What is your motivation to buy? What price range are you considering? What is your timeline to move? It is important that we understand your specific needs and situation so you can have the best experience and outcome. Next comes planning, preparation, and understanding the market.
Fill out buyer questionnaire
Meet to discuss objectives and the purchase process
Market forces; supply & demand
Personal timing and seasonal considerations
Answer questions and address concerns
Select a lender(s) and begin loan approval
Obtain pre-approval from lender and work towards preliminary underwriting approval
Research neighborhoods of interest
Finding Your Home, Offers, & Negotiation Strategies
Browse and review online listings
Notification of new and off-market properties
Preview homes & attend open houses
Learn about the purchase contract and contingencies
Identify home to pursue with offer
Analysis of active, pending and sold comparable homes
Discuss multiple-offer strategies (as needed)
Write up offer to highlight buyer strengths
Negotiate to optimize price and terms
Counter-offers and mutual acceptance of offer
Escrow Process, Inspections, & Disclosures
Open escrow -- notify and send fully executed contract
Deliver earnest money to escrow per terms of contract
Notify lender to lock rate, begin loan process and order appraisal
Sign loan disclosures and escrow instructions
Work through contingencies (inspection, title, lending, etc.)
Meet deadlines for lender and underwriter requirements
Contact insurance agent regarding homeowners coverage
Schedule final walk-through prior to close of escrow
Review closing statement from escrow
Meet with escrow to sign loan documents
Arrange to wire the down payment and closing cost
Closing, key delivery and celebration
Transfer utilities to your new home
Move in and get settled
Provide resources and service providers
Referrals, testimonials and reviews