Services For Buyers
- We will assist you from search to moving in
- We will guide you with purchase requirements
- We will provide a comprehensive property search
- We will perform a thorough market analysis
- We will negotiate for you
- We will assist you with attorneys, engineers & mortgage providers
Get Your Finances In Order
Pick a Real Estate Agent to Help With Buying a Home
Search for a Home
Guidelines for buying your house
Before you start looking for a home, you will need to know how much you can actually spend. The best way to do that is to get prequalified for a mortgage. To get prequalified, you just need to provide some financial information to your mortgage banker, such as your income and the amount of savings and investments you have. Your mortgage banker will review this information and tell you how much they can lend you. This will tell you the price range of the homes you should be looking at. Later, you will get pre-approved for your mortgage, which involves providing your financial documents (W-2 statements, paycheck stubs, bank account statements, etc.) so the mortgage banker can verify your financial status and credit.
Real estate agents are important partners when you’re buying or selling a home. Real estate agents can provide you with helpful information on homes and neighborhoods that isn’t easily accessible to the public. Their knowledge of the home buying process, negotiating skills, and familiarity with the area you want to live in can be extremely valuable. And best of all, it doesn’t cost you anything to use an agent – they’re compensated from the commission paid by the seller of the house.
Start touring homes in your price range. It might be helpful to take notes on all the homes you visit. You will see a lot of houses! It can be hard to remember everything about them, so you might want to take pictures or video to help you remember each home.
Make sure to check out the little details of each house. For example:
- Test the plumbing by running the shower to see how strong the water pressure is and how long it takes to get hot water
Try the electrical system by turning switches on and off
- Open and close the windows and doors to see if they work properly
It’s also important to evaluate the neighborhood and make a note of things such as:
- Are the other homes on the block well maintained?
- How much traffic does the street get?
- Is there enough street parking for your family and visitors?
- Is it conveniently located near places of interest to you: schools, shopping centers, restaurants, parks, and public transportation?
Make an Offer
Take as much time as you need to find the right home. Then work with your real estate agent to negotiate a fair offer based on the value of comparable homes in the same neighborhood. Once you and the seller have reached agreement on a price, the house will go into escrow, which is the period of time it takes to complete all of the remaining steps in the home buying process.
Listen to your agent.
You need to trust the professional you’ve hired, even if you don’t fully understand his strategy. It’s not easy to turn control over when your home and money is at stake, but you need to do this if you want to buy your house as quickly as possible.
Have the Home Appraised
You mortgage banker will arrange for an appraiser to provide an independent estimate of the value of the house you are buying. The appraiser is a member of a third party company and is not directly associated with your mortgage banker. The appraisal will let all the parties involved know that you are paying a fair price for the home.
Close the Sale
At closing, you will sign all of the paperwork required to complete the purchase, including your loan documents. It typically takes a couple of days for your loan to be funded after the paperwork is returned. Once the check is delivered to the seller, you are ready to move into your new home!