Buying a home can be an overwhelming process. From financing to negotiating to closing, there are a lot of moving pieces that can leave homebuyers bewildered.
A real estate agent can help guide you through each step of the buying process, offering sound advice along the way. By working with a professional agent who knows the ins and outs of the real estate industry, you’ll not only end up with a great home, but you’ll also walk away with a great experience.
Here are some of the key areas that we can help you with:
Getting pre-approved by a lender
We have a hand full of Lenders that we can refer you to. A lender will need some basic information about your income, savings, and debt, he or she can assist you in getting pre-approved. The lender will then go over your financing options, what monthly payment amount you can afford, and what you can expect for down payment requirements and closing costs.
Choosing a home
For most buyers, choosing a home is an emotional process. An agent can assist you in this process by offering objective information about each property you look at. From local community information like schools and zoning to home-specific details like condition and amenities, an agent can help you find exactly what you’re looking for.
Making an offer
Once you’ve found the home of your dreams, an agent will research recent comparable sales of similar homes in the area to help determine a fair selling price. Based on those comparable sales, as well as other factors like inspections and repairs, an agent will then help you structure an offer and negotiate to get the very best deal possible.
Once you get an accepted offer you will enter into what is call the inspection period. Usually we have 10-15 days to conduct any inspections of the home that is most important to you as the buyer. This is when you want to call your home owner insurance broker or if you don’t have one, I can give you a couple to get a quote. If you are getting a loan home owners insurance must be in place before we close. Let us know what inspections you want done we have venders that do full home inspections, pool inspections, termite, roof, sewer, air quality, HVAC, mold, land survey and anything that is most important to you. Once all the inspections have been completed we ask that you sit down and ask yourself what is the most important thing you want fixed or corrected, so we can ask to see if the seller will be willing to fix/correct these items.
Closing can be a complicated process. In some areas, the escrow or title company handles the closing process, while in other areas an attorney handles it. Here in Tucson we use a Title company Regardless of where you’re buying, a real estate agent can help ensure that everything goes smoothly.