Buying home is a big deal. It is also very exciting and can be very fun! The purchase of a home is a legal transaction in Texas so you’ll want to make sure you get the best possible representation to guide you step by step through the entire process so the experience is a positive one and does not end up with mistakes that could haunt you for years.
Here is an 8 step overview of buying a home:
1-Get financing pre approval from a reputable lender and determine what monthly payment you are comfortable with. In most cases, sellers will require a pre approval letter to be submitted with an offer.
2-Meet with an experienced, full time Realtor who studies trends and has thorough knowledge of the current market. Discuss your “must haves,” “would like to haves,” and “deal breakers” of the home you’d like to buy
3-View homes and find one you love!
4-Submit an offer and negotiate price and terms to ones you are happy with.
5-Have a licensed home inspector inspect the home. Negotiate repairs with the seller prior to the expiration of the contract’s buyer termination option. This is typically between 7-10 days.
6-Have home appraised by your lender. They’ll want to confirm the value of the home is not less than the contract price.
7-Conduct a final walk through of the home to ensure everything is in comparable condition to the way it was when your offer was accepted and to verify any negotiated repairs have been completed satisfactorily. You’ll also review the final closing costs provided by the title company 3 days prior to closing to ensure there are no errors and everything lines up with the terms of the contract and any subsequent amendments.
8-Closing day-sign closing documents and get the keys to your home sweet home!
When I represent you on the purchase of a home, know that I bring with me years and years of experience. Having sold nearly 500 homes since 2004, I have learned the best strategies to negotiate a fair contract and work through the myriad of steps (and hiccups!) that need to get you to a successful closing and receiving the keys to your new home.
Purchasing or building a new home? It is especially important to get strong and skilled representation for this. Most builders write their own contracts. This, naturally, means they are skewed to protect them. You will definitely want an agent well versed in builder contracts to look over all the small print before you “sign on the dotted line.”
Did you know there is no fee to have me represent you and your best interest when you buy a home? In Texas, the seller pays all real estate agent fees.
When you are ready or simply considering buying a home. Call me.
I look forward to helping you on your real estate journey!