BUYING OR SELLING?

THE HOME BUYING PROCESS

  • Agent meets with Buyer for a one-hour consultation. We discuss specific real estate needs, i.e., price range, geographical areas, special features, amenities and buyer representation. At this meeting, the Home Buyers Guide is reviewed.
  • Buyer will then be qualified by a mortgage company to determine loan amount, monthly mortgage payments, review loan processing steps, cash down payment, various loan programs, etc. When the loan application is approved, the Lender will provide the Buyer an approval letter and a Good Faith Estimate of the required down payment, closing costs, etc.
  • Agent researches properties that meet Buyer’s criteria.
  • Appointments are scheduled for Buyer to tour homes with Agent.
  • When a Buyer selects a home on which they plan to make an offer, Buyers meet with the Agent to review all the specifics of the Purchase Agreement.
  • A written Purchase Agreement offer is made and the Agent presents the offer to the Listing Agent.
  • The Listing Agent and Seller will review the Purchase Agreement. An offer will be accepted, rejected or countered. When a counter offer is made, then the negotiating process begins and continues until an agreement is reached or not.
  • If the Purchase Agreement is agreed upon, according to the terms of the Purchase Agreement, an inspection of the property will be performed. The inspection is performed at the Buyers expense. A list of repairs is then presented to the Listing Agent and Seller. In some instances, the list of repairs will require additional negotiation. The agreed upon repairs and the Termite Inspection Report will be the Seller’s responsibility. The contract is terminated when repairs for defects can not be agreed upon by the Buyer and Seller.
  • The Agent will notify the Buyer of their closing requirements. The Lender will confirm with the Buyer the amount of money needed for closing.
  • Buyer is given a checklist for moving to assist in this process.
  • Agent provides services to the Buyer even after closing by providing useful information, i.e., Keller Williams Service Directory, on a regular basis.

OUR EXPECTATIONS OF YOU AS A BUYER

  • You will continuously communicate with us about your priorities so that our activities on your behalf can be productively focused.
  • If you perceive we have not interpreted your needs correctly or should your needs change for any reason, you will notify us immediately.
  • That you are willing and ready to buy within a reasonable time frame.
  • You have the financial resources, or are willing to initiate steps to obtain lender qualification prior to placing any offer on a property.
  • You will allow us to show you anything on the market, which you feel meets your criteria, whether it is new construction or resale. Further, should you visit an open house or new construction sales office, you will immediately identify us as your agents.
  • You will respect our integrity and that of our company in the negotiating process. We will always act in a highly professional and ethical manner.
  • That you will refer to us your friends, neighbors, relatives or business associates WHEN we earn the right to ask for these referrals because you are pleased with the outcome of our efforts on your behalf.