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The Process of Buying a Home
Buying a property is not a difficult process, but it is very
detailed oriented with a lot of
decision making. To begin,
we start with:

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Interview:
At this
meeting, we will discuss our expectations of each other and how we will represent you. We
will also discuss what you are looking to purchase and what is currently is on the
market.
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Pre-Approval:
If
you do not have a Mortgage Broker/Lender, we can recommend one for you. This way you
can become pre-approved/per-qualified so we can see how much you can afford as well
as being able to make a stronger offer to purchase. |
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Showings:
Once we
know what you can afford, we will narrow down our property search to meet your
specifications. You can then choose the ones that interest you and we can make the
appointments for showing. Showings usually require a 24 to 48 hour notice, so please let us
know your selections as soon as possible.
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Offers:
Once you
find a property you would like to purchase, it will be time to write up an offer. First, we will
sit down and discuss the content of the contract. Then we can write up the strongest
offer you feel you can justify, including any possible contingencies or riders. You will also
need a deposit of “earnest money.” This can be in the form of a personal check. We will
then deliver the offer to purchase to the cooperating broker or owner. We will then wait
for the outcome, which can be one of the three things: 1. Acceptance, 2. Decline,
3. Counter the Offer.
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Acceptance and
Closing: Sometimes, before an offer is accepted, it might go through several counter-offers
before the terms are agreed upon. Yet, once it is accepted, we will go through the
contingencies (attorney approval, home inspection, etc.) and you will increase your earnest
money deposit. During this time, you will be in contact with your attorney, accountant and
mortgage broker. They will be getting everything ready for the closing, such as the
appraisal, proper paperwork, and date and time of the closing. Also, if indicated in the
contract, you will have a final walk-thru the property 24 hour before closing. This is to
ascertain that no major damage has been done to the property since you saw it the time of
your offer. At the closing you will sign all the necessary paperwork, make payouts (if
necessary) and “close” on your new property. 
Congratulations! The
property is now yours.
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