For Buyers
Buying a home, whether it is your first or beyond, is always a big deal. It doesn’t matter if you plan to stay for one year or four decades, this will be the place you call home. Life starts here, so it’s important to find the perfect fit. Even if this purchase isn’t your forever dream home, it should meet all of today’s needs and match your future desires.
I love helping buyers pick their best home out there – budget plays an important role here together with location and lifestyle requirements; all of which contribute significantly to finding the perfect choice for you. Having said that, my job is to provide guidance and expertise throughout the process but not make decisions for them; helping them make the right ones that can serve them well now and when the time comes for selling their property regardless of the market situation at that time.
With my help, buyers can understand what they are purchasing from the get-go and break down this huge decision into smaller parts to address every single detail related to obtaining their next place to call home. It’s an overwhelming task – let me lend you a hand with that!
Many people dream of owning a home but they are unsure if they qualify for a mortgage. The BEST way to find out is by talking to a lender. I have connections with local lenders who can answer that question. Most people can buy right away, plus the cost of the mortgage is often lower than rent! In some cases credit repair may be needed, and in other instances a lender can offer assistance to create an action plan so you could purchase soon. For more info please visit the financial tab.
Once you have been pre-approved for a loan and found the perfect house, you will need to deposit earnest money. This money can be used towards your down payment or closing costs at the close of escrow. Inspections will usually cost in the range of $350-$500, and an appraisal is typically charged at $400-$500. These are expenses that need to be paid prior to moving into your new home, plus don’t forget to budget for the cost of actually moving day! Your lender will provide more detailed information on how much you need to cover both closing costs and down payments.
When you buy a house, the seller pays the real estate agent – there’s no cost for buyers to use an agent!
When trying to determine the value of a property, you need to take into account various factors. Your agent should be able to provide guidance in this area. Consider days on the market, comparable sales in the neighborhood and surrounding area, current market specifications, and advantages or disadvantages that apply to the particular property – such as its size, location within the neighborhood, updates, upgrades and more. It’s important to trust your agent here; they want to help you get the best price while also ensuring you don’t lose out on what could be your dream home because of an underwhelming offer.
Buyers and sellers all have different needs; some prioritize price, while most consider other factors like the close of escrow date, financing details (loan & lender), and additional concessions like appliances or home warranty. Generally, sellers look at their pocketbook; if they leave their appliances behind or pay for the home warranty, that impacts the cost. Some may need a quick close, while others have time to relocate – it’s best to make an offer tailored to your seller’s situation so you get a good deal without waiting too long on closing.
As you move towards making this home yours, there is still a lot of work to do. Firstly, you need to provide the lender with all the documents required for your loan application. You must also have inspections done on the property and determine if any issues that the seller won’t fix are something you can address after purchasing the house. The appraised value must be equal or higher than the purchase price. If it’s more, great! If not, you will have to make up the difference in cash, adjust the sale price of the house or come to an agreement with something in-between. Once everything is approved and appraised, there is a high chance that you will get what you want – however real estate always has it’s peculiarities and one never knows until they get the keys on closing day!
