The Art of Buying
So you are ready to begin looking for your new home. Great! But there are thousands of homes on the market. Where do you start? Call Margaret!
the art of knowing you
Searching for a new home can be overwhelming. That's where I come in! First, I want to get to know you. The REAL you. We will discuss how you live, where you work, where you go, what is important to you in your home, neighborhood, and activities. Do you like the suburbs, or are you a downtown kind of person, or do you crave some land? What is your tolerance for traffic? How important are schools to you? And many others... I get to know you, and your family, and your lifestyle so I can guide you into the right areas and neighborhoods, and ultimately the right home.
the art of financing
It is really important to get your financing started EARLY in the process. You will need to be pre-qualified with a lender before we can make an offer on a home, so better to get that out of the way early, before you fall in love with a home then have to scramble and hope no one else makes an offer on your home while you try to get financing in place. Do it early! Then we know you are qualified, know what your payments you are comfortable with, and then we can move forward as soon as we find the right place!
the art of searching
We will start with a custom Home Search Portal. I will take the home criteria we discussed and create an online search portal. You will be notified by email any time there are new homes to look at, and you can categorize them and make comments on them. A great way to get the search started and let me know what you like and don't like as the homes come on the market.
the art of looking
Now it is getting fun! We start looking at homes. If your search criteria are broad, the first trip out will include a couple of homes from several different areas or different styles and ages of homes. Based on your reactions, I then further revise the search criteria to narrow down the search to homes that are likely to be most interesting to you. Sometimes it only takes one or two trips to find the right home. Sometimes, it takes months. My goal is to find you just the right place - and it it takes a while, that is OK!
the art of negotiating
When we find a home you are interested in, then we write up a formal offer for the home and I present it to the seller and we negotiate as needed until all parties agree and all of the details are agreed to on the written contract. At that point, earnest money is paid and option money (if any) is paid, and you are officially under contract. Now we celebrate, right? Hang on...not quite yet.
the art of inspecting
Before we celebrate, there are a lot of details to take care of. Inspections. Repair negotiations. Appraisals. Financing. Insurance. Utilities. Home Warranties. Getting things done and turned in in a timely manner is super important. But don't worry - I will help you through each step so you know what you need to do, who you need to contact, and when it needs to be done. We will typically do a final walk through just prior to closing, to make sure the house has been vacated (unless the seller is leasing back), cleaned, and repairs are complete.
the art of closing
The day of closing is an exciting one! Closing is where you sign your life away - or at least promise to repay your mortgage loan. Lots and lots of papers to sign. If you want to read every word, let me or the escrow agent know ahead of time so you can read them before you get to closing. Once the signing done, you are "closed". But wait...you don't own the house yet. All those papers get sent to the lender for review. Once they verify that everything is properly signed and initialed, then they will release the money, which is called "funding". Once funding has occurred, the seller gets their money and the you get the keys and you are officially a homeowner. NOW you can celebrate and move in!!!