So you're ready to buy a home? Awesome! Let's talk about what your requirements are and while we're at it, let's get you pre-approved. If you need a lender, I can recommend a few, but being pre-approved guarantees no delays in submitting an offer. Not having a pre-approval could mean the difference in getting an offer accepted or not. We have a saying in real estate, "Time is of the Essence"!
Okay, you're pre-approved. Excellent! Let's go house shopping! New listings will come at you in many directions but I recommend Real Estate One's search app by clicking here. Wait, you're using the Zillow or Realtor app? No problem. You can associate me as your preferred agent with those apps. Homes are selling fast so the best thing to do when we find one is to schedule a showing right away.
You found the perfect home. Now what? Let's get an offer in before the competition does. The amount you offer is strategic but there are a lot of other things to consider as well. Contingencies, possession, occupancy, title work, seller concessions, earnest money. Whew...the list goes on. These are all negotiable items and I'll make sure you understand them so there are no surprises along the way.
Your offer is accepted and we'll high five in seven days. This is the typical time period it takes to inspect your biggest investment. Never buy a home without inspecting it first! An inspector will pull back the skin on a home and reveal anything that's dangerous, hazardous and he/she will point out deferred maintenance items. If you're dissatisfied with the home because it's not "sea worthy", here's your opportunity to release your offer and start looking again.
Seven days pass and you're satisfied with the inspection. High five! Now it's time to stay real focused. We have a deadline to meet and missing it can be a breach of contract. We are going to be working with a lot of people during our underwriting period and their requests may seem endless. It's best to do your tasks right away. I'll do mine timely but my biggest assignment is to keep you organized. Just sayin'.
30 more days or so have passed and we have checked off all the boxes. Our due diligence and underwriting period is over and the lender has given you Clear to Close. Lots of papers to sign today and your real Journey starts now. Welcome to home ownership! Let's do this again some time.