Real Estate Buyer's Guide
Home purchases are large-scale transactions that involve a lot of time, people and important decisions to manage. Knowing what to expect throughout this process will go a long way towards ensuring you accomplish your real estate goals. Our Real Estate Buyer’s Guide provides an overview of this process, which streamlines the journey towards purchasing a new home and makes the overall process more efficient.
Right Direction
The journey towards buying a home or condo begins with a call to discuss the type of property you are looking for and to answer any initial questions you may have. During this call we will outline key parameters including property type and size, location, budget, essential features and your intended use of the property. This important first step will focus your real estate search, identify your ideal property and enable us to create a comprehensive plan to guide the home buying process moving forward.
Streamlined Search
Once we identify the type of property you are looking for we will set-up your Listing Manager account, which will streamline your real estate search and assist with keeping it organized. Through the Listing Manager account we will email you new listings and price adjustments for properties that match your specifications as soon as they hit the market. You can also save properties of interest in your account for later reference and property showings. These services will save you time, keep you informed and ensure you do not miss out on a good opportunity.
Mortgage Qualification
If you will be financing your home purchase we recommend obtaining mortgage pre-approval prior to looking at homes and condos for sale. Obtaining mortgage pre-approval at the beginning of the home buying process will ensure the upcoming purchase aligns with your overall financial goals, enabling you to make confident buying decisions and strong purchase offers. Securing mortgage pre-approval is a relatively simple process that involves a brief phone conversation with a mortgage professional and a few supporting documents.
Property Showings
We will arrange a private property tour for you when you are ready to take the next step and start looking at homes and condos for sale. We will pull the saved listings that you want to see from your Listing Manager account and coordinate the property showings. While we are scheduling the showings we will conduct preliminary research on each property and provide you with comprehensive listing reports that include all of the essential property information. We can typically see all of the properties on your list in a day and we will always make good use of your time.
Make an Offer
Once you find a property that you would like to pursue we will assist you with preparing and negotiating the offer. The first step in this process is analyzing recent sales data to advise you on the subject property’s current market value. This important step will put you in a position to make informed decisions that you can be confident in. We will then review the offer with you and answer any questions you may have. Leveraging our market experience and knowledge, we will negotiate on your behalf to secure a deal with the best price possible and favorable contract terms.
Contract Phase
Assisting you with navigating the complexities of a real estate purchase from contract to closing is where an experienced real estate agent can provide considerable value. During the contract phase we will oversee the financing process, title work, inspections, homeowner’s association review and the final closing. You will be provided with informed guidance and regular status updates throughout this entire process, ensuring you are up-to-date as to where things stand at all times. We strive to provide our clients with a seamless home buying experience from our first conversation all the way through to the closing table.
Closing
As the closing date approaches we will review the final settlement statement with you, ensuring you understand and are comfortable with the final closing figures. We will meet you at the property prior to the closing for a final walkthrough to ensure all is in good order. If there were any agreed to repairs as a result of the inspections, we will confirm their completion prior to the final walkthrough. After the walkthrough we will head to the Title Company to sign the final closing documents and then it will be time to enjoy your new home!
Conclusion
As you can see, there is a lot to manage throughout the home buying process. It is in your best interests to work with an experienced real estate professional to help guide you through this process and make informed real estate decisions that you can be confident in. The local, experienced real estate agents at Coastal Life Realty Group are uniquely positioned to do so. We have the local knowledge, market experience and proven track records of success to ensure our clients have seamless real estate transactions from our first conversation all the way through to the closing table. This expertise gives us the ability to handle any situation that may arise, mitigate the various risks associated with home purchases and ensure that your best interests are represented throughout the entire process.
The real estate agent you choose to work with will have a considerable impact on the deal you ultimately secure and your overall real estate experience. Choose wisely and put a proven track record of success to work for you. We will ultimately make the home buying process more efficient, save you valuable time and money and help to ensure that you accomplish your real estate goals. Feel free to contact us directly anytime at 443-552-7579 or via email below. We look forward to connecting with you.