HOME BUYING PROCESS

Agent will meet with buyers in person to get clear criteria on the buyers needs. Property they want to purchase, location they have in mind, the type of house, floor plan, and style they prefer, and price range.

It’s good for buyers to get a loan approval right away once the home searching starts with their preferred lender or with agent’s referred lender to get a better idea on the price range for the property the buyer can look for. Buyers will have a breakdown on closing costs and their monthly payment. Also, the process of getting a loan can take up to 30 – 60 days in underwriting, so having the loan process start can eliminate any holds or setbacks in the closing.

Once every criteria the buyer is looking for is established, the agent will set up MLS email notification for any available properties that is listed on the market that meets the buyers needs. This will allow the buyers to look over the properties available or showings. Agent will also have a list of properties that is specifically picked that fits the buyers needs to be able to view with the buyers.

Agent will schedule viewings for buyers and can view 1 or multiple properties a day whenever the buyers are available. The agent will be present through all viewings for any questions, help, or better understanding on properties potential for renovations or resale.

Agent will establish a plan and purchase price for the home that is agreed with the buyers and send a written Purchase Offer to the listing agent. Buyer agent will be the one to negotiate with the seller’s side agent until offer is accepted that agreed upon both parties.

Open Escrow with agreed length of time allowed to close the sale once offer is accepted. Buyers must submit the Earnest Money upon opening escrow. Once buyer and seller have agreed on inspections and no further negotiations are needed, buyer will remove contingencies and transaction is proceeded until close of sale. (Inspections for closing: Appraisal/Termite/Home Inspection)

Buyer will receive final closing documents, title, loan documents. Once the loan has funded and recorded and title transfer is complete, buyers will receive house key in hands from their agent.