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THE
HOME BUYING PROCESS
The home buying
process is more complicated than it may appear. We
will guide you through the complexities associated
with the following steps:
- Qualifying:
- Pre-qualify with
your lender first!!! In our fast-paced market
it is essential to obtain pre-approval of your
loan, which any mortgage company will be happy
to supply for you. After the application for
the loan is made, the mortgage company you
choose will order a credit report, verify
employment, check on current bank accounts and
more. Once this step has been completed and
you have been approved, your offer is as
strong as a cash buyers’. This is your
goal—to become pre-approved!
- Communicating
with us about your preferences in different
areas will help us select the homes, which
best suit, your needs and desires. It will
save you both valuable time and missed
opportunities. Please give this a lot of
thought.
- Showings: Thanks
to Multiple Listing Services (M.L.S.), we will
be showing you homes, which are listed with
other firms as well as those, listed with our
own company. If you see a home for sale that we
haven’t shown you, call us, we can still help
you with it. As you view homes, tell us what you
like or dislike about each one, this helps us
immensely in selecting more homes to show you.
- The Offer to
Purchase:
When you find the home you’ve been looking
for; we will assist you in preparing an
appropriate offer and will present this offer to
the seller. The owner may counter your offer.
Rely on us to help find the price and terms
everyone will agree upon.
- Preparation for
Closing:
Once you make an offer on a home, your lender
will order an appraisal, title insurance,
survey, inspections and anything else unique to
each home. The entire process may take from 4-8
weeks, depending upon the type of financing,
special requirements, problems with title, etc.
We all strive to make the process as simple and
fast as it can be. Your Loan Officer and Realtor®
will keep you informed as to the progress of the
transaction.
- Closing:
Once all conditions are met, the closing date
and time will be set. We do our best to
accommodate everyone’s schedules, but help us
as much as possible. As your Agent, we will
accompany you to the closing and help answer any
questions you may have. Then all the necessary
papers will be signed. You may need a fresh pen
before you finish!
Throughout this
entire process, questions can arise. Be patient!
Very rarely can problems not be overcome. Most
importantly, if you have any questions or
problems, keep us informed. We are here to help!
If you would like
our Team to help you find and buy a home click
here.
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