You’ve made the decision to buy a home and you’ve committed to research and view homes with your buyers agent. You’ve done all your due diligence, gotten your pre-approval and through all the ups and down, you finally find the home you love…but then you find another! If you are lucky enough to find two […]
Pre-qualified vs pre-approved – What you should know
Pre-qualified vs pre-approved – whats the difference? There is clearly a difference between getting pre-qualified vs pre-approved for a mortgage. One area that home buyers typically run into problems is not knowing the difference between being qualified for a mortgage and being approved for one. Even if you believe you are pre-qualified for a mortgage, it […]
How to buy a home – Step 11 – The Final Walk through
Step 11 – The Final Walk through Once all the inspections and approvals are in you will get a “Cleared to Close” announcement from your lender. At this point your agent will book your final walk through as close to the time of closing as possible. The purpose of the final walk through is to […]
How to buy a home – Step 10 – Title Search
Title search is the next step once all your contingencies are cleared. Your attorney will handle this. Throughout this process your agent would have recommended you hire an attorney. This is an important step as this attorney is going to represent your best interests and make sure they read all that fine print in the hundreds of […]
How to buy a home – Steps 8 & 9 Removing Contingencies
After negotiations and accepting offers it is now time to work on those contingencies you listed in the offer. A. Removing Contingencies – Home inspections and research period. Once your offer is accepted you will move through removing your contingencies. There are many types of contingencies that can be written in to an offer. Your agent […]
How to Buy a Home – Step 7
In our previous step on how to buy a home, we discussed Making an Offer. In this post we will discuss what happens after you make an offer – Negotiations, Multiple Offers, escalation clauses and waivers Once the offer is presented to the listing agent the seller has several choices, they can sign your offer […]
How to Buy a Home – Step 6
In Steps 4 & 5 of how to buy a home we discussed searching for homes and finding the right one. In today’s post, we are going to talk about Making an Offer Once you make the offer there will be several pieces of documentation you must sign and submit. Do not drag your feet as […]
How to buy a home – Step 2
In Step 1 of How to buy a home, we explained the importance of hiring a real estate professional. The next step in the home buying process is Analyzing your real estate needs in a full consultation. Step 2. Analyzing your needs Analyze your needs in a full consultation Once you have found your trusty agent, this […]
First Time Home Buyer Seminars
I have done large first time home buying seminars in the past. I currently find that doing these one on one is more beneficial and time saving for everyone involved. Some of the seminars I was invited to speak at for banks and lenders were more like a soft sales pitch of service providers than […]