THE HOME BUYING PROCESS
The home buying process can, at times, be confusing at best. From
establishing a comfortable price range… to searching for the perfect
house… to negotiating a competitive offer… to the close
of escrow…your agent is committed to making your home buying experience
as simple and convenient as possible. He/she will take you step-by-step,
answering any question you may have along the way, in terms you understand.
It is important to have a jump-start on the competition to minimize
confusion and maximize desired results – getting the home of your
choice. You may want to consider the following:
GET PRE-APPROVED FOR YOUR LOAN
Getting pre-approved is a tremendous asset when it comes to negotiating
an offer. This not only establishes the price ranges you qualify for,
but sellers view a conditional pre-approval as money in the bank, and
may accept one offer over another due to this one factor alone. In addition,
you may be surprised! You may qualify for much more home than you originally
SHOW FUNDS FOR CLOSING
Acceptance of an offer can be determined by giving evidence of the ability
to complete the transaction. This can be accomplished by showing funds
in a bank account or providing escrow instructions with a net sheet.
You also want to show job stability.
SUBMIT A COMPETITIVE OFFER
You greatly enhance you chance of getting the home of your choice by
submitting a strong competitive offer. Submit the offer as if there
will be multiple offers, and with as few contingencies as possible.
PROVIDE COMPARABLE PRICING
To substantiate the offer you are making on the property, your agent
will provide a competitive market analysis to you and your seller
Title to real property may be held by individuals, either in Sole Ownership
or in Co-ownership. Co-ownership of real property occurs when title
is held by two or more persons. There are several variations as to how
title may be held in each type of ownership. If you are not familiar
with the method of holding title, you are encouraged to talk to an expert
who is a qualified professional in this area.