Preparing to Shop for a Home?
Everything you need to begin the process of buying a home. For valuable information and advice you’ll want beforehand.
Buying Process
Whether your dream home is new construction or an existing home, you will want to know what to look for as you begin your home search. You will need a checklist for buying a home to serve as your roadmap with criteria for buying a home.
Check out the list below and find out how Discover Properties, LLC Sales Associate will help you conduct a home search, negotiate, and close on a new home. Your Discover Properties, LLC Sales Associate will help you with the process of buying a home while representing your best interests throughout the purchase process.
Use the home buyer checklist below to prevent errors and to stay on track:
Buying Process
Congratulations! You’ve made the decision to buy a new home!
Once you’ve made your list, contact your Discover Properties, LLC Sales Associate to begin the home buying process. Be assured that by choosing a Discover Properties, LLC Sales Associate you will find a professionally trained, experienced agent to offer you agency representation options and full service.
Your Sales Associate can put you in contact with a few mortgage brokers so you can be pre-approved for a mortgage even before starting the house hunting process. Although the pre-approval is not a final loan commitment, the pre-approval letter will demonstrate your financial strength and ability to go through with the purchase when you are ready to make an offer.
Your Sales Associate can provide detailed information on almost any property currently listed for sale. This includes Discover Properties, LLC listings as well as all other real estate broker listings on the Multiple Listing Service. In addition, your sales associate can also provide information on homes that you see advertised for sale in the newspaper or online. This also includes information on properties that are advertised “For Sale by Owner.” Your Discover Properties, LLC is the only resource you’ll need.
The next step: you’ve found a home and you’re ready to make an offer!
The initial step will be to instruct your Discover Properties, LLC Sales Associate to make an offer. The paperwork process can vary. Please check with your Discover Properties, LLC Sales Associate to determine the regional differences, as some areas use Offer to Purchase Forms and others use Fill-in-the-Blank Contracts for Sale.
Typically, you will provide your Sales Associate with the following information for them to relay to the seller’s associate regarding the paperwork required in their marketplace:
- The amount you are willing to pay
- Mortgage amount
- Closing and occupancy dates
- Contingencies, such as obtaining a mortgage, building inspections, and pest inspections to include where appropriate (but not limited to): termite, pest, radon, water potability, well, lead, septic, oil tank, etc.
Any personal property specifically included or excluded if the offer is not acceptable to the seller, further negotiations may be necessary to reach terms agreeable to both buyer and seller. Because counter-offers are common (any change in the offer can be considered a counter-offer) it is important that you remain in close contact with your Discover Properties, LLC Sales Associate during the negotiation process so that proposed changes can be reviewed and responded to quickly.
You have an Acceptable Offer!
Since the Contract writing procedure, down payments required, building inspection contingency dates, etc. varies, please consult with your Sales Associate so that they can inform you of the immediate action steps. Timing is critical at this stage!
Between Contract and Closing
Our exclusive Concierge program was developed to assist you with the services you need before, during, and after your move. From moving companies and new community information, to home improvement services we’re here to help you every step of the way. Please see the Concierge section within this Web site for further details.
Our exclusive Concierge program was developed to assist you with the services you need before, during, and after your move. From moving companies and new community information, to home improvement services we’re here to help you every step of the way. Please see the Concierge section within this Web site for further details.
What to expect at the closing
The closing is a formal process where all parties sign all of the necessary paperwork needed to complete the transaction Title so the property is transferred from the seller to you. The seller receives payment for the home, and you receive the house keys! From the amount credited to the seller, the title representative subtracts the funds to pay off the existing mortgage and other transaction costs. Deeds, loan papers, and other documents are prepared, signed, and ultimately filed with local property record office.
After the closing
At closing and beyond, our Concierge service is here to assist you with all the details as you move into your new home! Please be sure to visit the Concierge Services section of our Web site.
Amber Bradley
Listing Broker Discover Properties, LLC