1. Do you have BUYING POWER? Buying Power = your financial reserves + your borrowing capacity. Let’s sit down and find out and a plan to get you there.
2. Get your magnifying glass ready; it’s time to do a little investigating! Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your agent to find all available properties. We love this part!
3. Eeny, meeny, miney, moe…. Which one is best for me? Agents have access to a variety of informational resources to provide local community information on utilities, zoning. schools, etc. There are two things you'll want to know. First, will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
4. In business, you don't get what you deserve, you get what you negotiate. There are a myriad of negotiating factors, including but not limited to price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings or equipment. The purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.
5. Due diligence is not a slogan, it's our job! It's especially important during the evaluation of the property. Depending on the area and property, this could include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few. We assist you in finding qualified responsible professionals to do most of these investigations and provide you with written reports. You will also want to see a preliminary report on the title of the property. Title indicates ownership of property and can be mired in confusing status of past owners or rights of access. The title to most properties will have some limitations; for example, easements (access rights) for utilities. Your agent, title company or attorney can help you resolve issues that might cause problems at a later date.
6. Show me the money! We can help you understand different financing options and in identifying qualified lenders.
7. Tie it up in a neat bow. We guide you through the closing process and make sure everything flows together smoothly. Between the initial sales agreement and closing (or settlement), questions may arise. That’s why we’re here!
Contact us today to put these steps in to motion. We would love to partner with you!
Around here, we...
smile often, treat clients like family, do more than what’s expected, gather wisdom through doing, find joy in the journey, and love properties and people.