The Buying Process

You’ve found the home you can see yourself living in, now what? There are several stages of the buying process you will go through before you can officially call it your own including:

Real Estate Purchase Contract
This document (often called an offer) is the legal contract in which you and the seller outline the details of the property transfer. I will work with to draft your terms of the Purchase & Sale.

Inspection
Part of the Real Estate Purchase Contract, the inspection gives you an in-depth analysis on the condition of the home and if any repairs may be needed. I can offer several recommendations for qualified inspectors, work with you on your list of priorities and negotiate with seller.

Negotiation
Negotiation between the seller's agent and I may occur several times throughout the process to give you the most favorable terms of your purchase.

Financing
You may already be pre-approved, but now that you’re closer to the actual purchase price, you’ll be working more in-depth with your lender on your final loan approval.

Appraisal

Appraisals are designed to protect buyers, sellers, and lending institutions. They provide a reliable, independent valuation of a tract of land and the structure on it, whether it’s a house or a skyscraper. The appraised value of a property is what the bank thinks it’s worth, and that amount is determined by a professional, third-party appraiser. The appraiser’s valuation is based on a combination of comparative market sales and inspection of the property.

Title Insurance
You'll receive a full report detailing the property history for you and your lender to ensure there are no legal encumbrances between a new owner and the property being purchased.

Escrow
Once the offer is accepted and a closing date agreed upon, escrow allows the buyer and the seller to have an outside party ensure all parts of the contract are complete. I can help coordinate the completion of all necessary forms to the escrow company and monitor the escrow process until the transaction is complete.

Closing
At closing, all the paperwork is signed by the buyer and seller, both parties pay any settlement fees and the documents are officially recorded. Prior to closing, you'll receive a settlement statement outlining any fees which may apply to you. After closing is finalized and recorded, the home is yours!