Buying a home can be truly a wonderful experience. Whether your a first time buyer, upgrading to a larger home, or relocating, purchasing a home is a big decision that can make a difference in the life of you and your family. Finding the right home that fits all of your needs as well as fulfilling your wants can take some time. Our dream team of Advisor's are not only here to help you find the home of your dreams, we take care of all the hassle involved when it comes to the buying process. Call us today and let our professional's with over 30 yrs worth of experience in the Greenville and Anderson markets find the right home for you and your family. We will find you the right home for the best price. We take pride in customer satisfaction and we have access to the latest technology and resources available to provide you with ALL of the options available for you to choose from. We have listed below some information to help you get started.
The first step you want to consider is to obtain a pre-approval from a lender you wish to use. Some people prefer to use a Mortgage broker while others already know which bank or lending option they wish to use. Getting pre approved for a home is a fairly quick and easy process and it will determine the total dollar amount you are approved for. This can help you see what price range you need to be in when searching for your home. Once you have found a home and are ready to submit an offer, having a pre-approval letter from your lender to send with your offer will show the seller that you are a serious buyer while giving you the flexibility to negotiate.
Our team of Advisor Real Estate Agents can explain alternative mortgage financing programs, assist you with finding the right financing source, and help you find other resources to help you with your personal finances to determine what you can afford or what steps you need to take to get approved for financing.
In addition to knowing the local money market, our team can tell you what personal and financial data to bring with you when applying for a loan. Already familiar with current real estate values, real estate taxes, utility costs, municipal services and facilities, your agent can also respond to your questions about local zoning changes that could affect your decision to buy.
Now that you have your pre-approval and your ready to begin your search, make a list of what your looking for. This list should include the location, number of bedrooms/bathrooms, age of the home, Square footage, features you "must have" (garage, fenced yard, garden tub, etc..), and features you would "like" to have but aren't necessarily a requirement. Once your list is complete, you now have the tools you need to narrow down your search.
In Addition, when deciding to purchase a home or property, finding the right real estate agent can help you determine what you can afford, what you want, and can show you only those properties that meet your criteria. We will research your housing needs in advance through a Multiple Listing Service even if you are locating to another city. Our team can also provide you with a checklist to serve as a reminder of some things you should look for in order to make a wise buying decision.
After finding a home you are interested in purchasing, the next process is to submit an offer. With submitting an offer, your agent will provide a contract which will include the amount you wish to offer, what personal property you may want the seller to include with the home (washer/dryer, furniture, appliances, etc..), any repairs you may want to request to be completed prior to the purchase, the buyers rights in terms of an inspection, the amount of time you may need to close on the property, which party will be responsible for the closing costs, what the legal rights are for each party in the event that either party does not comply with the contract, and any other stipulation you may want to include that will be contingent upon you purchasing the property. After the contract is submitted, the seller has the choice to either accept the offer, turn it down completely, or counter your offer. The contract will not be legally binding until both parties have agreed upon the terms, at which point the buyer and seller will sign the final contract and the process of finalizing the purchase will begin.
Typically standard pre-printed purchase contract forms are utilized and filled out by the real estate agents handling the transaction. While most buyers and sellers are usually fully aware of the terms such as price, closing date, and financial terms, there is a tendency to overlook much of the pre-printed portion of the form. Since all the terms of the contract can be binding it is important to understand all of the terms that you are agreeing to before you sign the contract. Not doing so can be a costly mistake, especially if there are problems or difficulties in the transaction. Our team will assist you in helping you understand every part of the contract and will also provide and complete the form for you as well as handle all of the communication between all parties.
It is highly recommended that you read and review the pre-printed forms used most commonly in your area before you write and sign an offer to purchase. Our team of agents can provide you copies of the forms and are willing to explain and review them with you. Once a bona-fide offer has been presented, your focus will be on issues such as price, terms, and closing date. By reviewing and understanding the purchase contract form ahead of time you can strengthen your negotiating position, protect yourself from incurring unnecessary costs or problems, and have a better understanding of what you will need to do to conclude the sale.
Contact one of our professional agents today. We look forward for the opportunity to helping you find the home you've always dreamed of!!