The home buying process is personal and slightly different for everyone, and we can move as slow or fast as you would like.
It sounds silly, but this is a process that we go through together. This means that I am there for you, I will be there for every house you see, I will be your guide, advisor and negotiator. This is why you hire me!
What I always stress to my clients is that the most important aspect of the home buying process is for me to help you become educated on the neighborhood and current market. In order to do this, I want to show you a range of properties for us to look at. We will want to actually visit homes versus just looking online because square footage, light and layout always feel different in person.
So, what are the steps of the buying process?
HOW MUCH HOUSE CAN I BUY?
Depending on the type of property and mortgage, the lender generally requires 5% down. I work with the best mortgage brokers and lenders in the business. I can refer you to the right person who can pre-approve you for a loan. That way you know what you can comfortably spend. Shopping for a home without a pre-approval is like going to the mall without your wallet.
Find a home
WHERE DO I WANT TO LIVE?
Think about your commute to work, where your friends live, access to grocery stores and restaurants, proximity to transportation, and schools. If you work in Seattle, and are thinking about living on the eastside of the greater Seattle Area, factor in that commute.
NEGOTIATE ON A HOME
WHAT DO I WANT TO PAY FOR?
As your power broker I am an expert negotiator. The Greater Seattle Area is very competitive, so not everything is negotiable. But when there is a chance, I will fight to the death for you!
THE HOME INSPECTION
WHAT IS GOING ON WITH THE HOUSE?
We will meet with an inspector and he will go through the home with a fine-tooth comb! We will then use his report to make additional contract requests and/or obligations. The inspection report will provide peace of mind so you are fully aware of all aspects of the home, its mechanicals, plumbing and roofing before purchasing.
WHAT IS THE VALUE OF THE HOME?
The appraiser is a third party that provides an objective and unbiased estimate of the value of the property. typically an appraisal comes in at value and in rare cases above value. In which cases we do not have to act. When the appraisal is low then this would be another opportunity to negotiate, to the death, the contract with the sellers.
SIGNED. SEALED. DELIVERED.
A few days before the closing date, Escrow will set appointments for the sellers and buyers to sign all the documents. Once everyone has signed and the bank has funded, the whole file is processed by the courthouse. When the courthouse approves, recording numbers are returned, which means you are now the owner!
TIME TO CELEBRATE!
On the successful purchase of your home. Your search has finally come to an end and it’s time to celebrate all the hard work you’ve put into finding your perfect home. And please remember, your referral is the greatest compliment I can EVER receive!