Giving Your Dreams an Address
STEP 1: OUTLINING YOUR OBJECTIVE
Outlining Your Objectives
- What is your motivation to buy?
- What price range are you considering?
- What is your timeline to move?
- What are your ideal features and “non-negotiables”?
- What are you looking for in a neighborhood?
Planning & Preparation
- Discuss objectives and process with your Realtor®
- Discuss objectives and process with your Realtor®
- Obtain a loan approval letter
- Sign exclusive buyer-broker agreement with your Realtor®
- Research neighborhood of interest with your Realtor®
Understanding the Market
- Analysis of active, pending, and sold transactions
- Review contracts and timelines
- Personal timing and seasonal considerations
- Market forces: supply v. demand, macro v. micro
- Create Profile-Based Buyer Attraction Strategy
STEP 2: FINDING YOUR HOME
The Search
- Browse and review online listings with your Realtor®
- Browse and review online listings with your Realtor®
- Notification of new and off-market properties
- Virtually tour listings from the comfort of your home
- Select your ideal location and home
Offers & Negotiation Strategies
- Learn about the Purchase Contract from your Realtor®
- Discuss multiple offer strategies (as needed)
- Offer presentation and highlighting buyer strategies
- Negotiate to optimize price and terms
- Acceptance of offer or counter offers
STEP 3: GOING INTO ESCROW
The Escrow Process
- Notify escrow of acceptance and send full executed contract
- Wire initial deposit to escrow per terms of agreement
- Notify lender to begin loan process and order appraisal
- Sign and return opening package of escrow instructions
- Contact insurance agent for homeowner coverage
- Provide escrow with vesting (title) information
Inspections & Disclosures
- Schedule all desired home inspections, (i.e. termite report)
- Schedule all desired home inspections, (i.e. termite report)
- Approve/negotiate repairs based on inspection reports
- Review/approve all seller and state required disclosures
- Review/approve preliminary title report
- Meet deadlines and remove contractual contingencies
- Schedule final walk-through prior to close of escrow
STEP 4: CLOSING
Welcome Home
- Review closing statement from escrow
- Virtually meet with escrow to sign loan documents
- Arrange to wire down payment and closing costs
- Transfer utilities to new location
- Closing, key delivery, and celebration
- Move into the property
- Move-in checklist
Working Together Again
- Staying in touch and keeping you informed
- Second homes and investment properties
- Providing resources and introductions
- Referrals, testimonials, and reviews