Buyer Resources

The 8 Step Home
Buying Process

 

  1. Choosing the Right Real Estate Professional
  2. Consulting with a Real Estate Agent
  3. Getting Pre-approved
  4. Finding the Home
  5. Making an Offer
  6. Negotiating the Offer
  7. Processing the Loan
  8. Closing & Funding

1. Choosing the Right Real Estate Professional

 

  • Your home is one of your largest, most expensive assets.
  • It is important to have the most qualified real estate professional.
  • How do you plan to qualify your real estate professional?
  • When you choose Stafford ~ Hunter Team you have access to a Team of Full Time, Real Estate professionals with years of experience.
  • EXPERIENCE MATTERS

2. Consulting with a Real Estate Agent

We will exceed your EXPECTATIONS!

 

  • We will provide detailed information on properties from the Multiple Listing Service and other sources
  • We provide you with information about the market so you can develop an offer including the offering price and other terms
  • We will advise you about the importance of a home inspection and other inspections required by law
  • Our Team adheres to a strict code of ethics and we are committed to treating all parties to a transaction honestly
  • We have a Transaction Coordinator to help with the paperwork and inspections during escrow
  • We will run comps so we can determine the fair market value of the home
  • We will help you determine the appropriate price
  • Our desire is to be your Real Estate Team for LIFE!

3. Getting Pre-Approved

 

  • A mortgage pre-approval will determine how much money you can borrow for the purchase of your new home

4. Finding the Home

 

Assessing Your Needs – Lifestyle

How you live will help determine where you live

  • What is the driving force behind this move? (Job, family, more space, schools, lifestyle, etc.)
  • What type of activities
    do you enjoy?

Assessing Your Needs – Your Dream Home

 

Putting together your wish list

  • Who will be living in the house? How much space do you think you will need?
  • Other considerations include:
    Age of home, lot size, kitchen,
    baths, layout, style,
    condition.
  • What are three
    “must have”
    features for
    your new home?

Listing Alerts

 

I will set you up to receive “Listing Alerts” so you can be the first to know when new homes matching your criteria come on the market!

 

5. Making an Offer

How Much to Offer

  • Making an offer to purchase involves more than picking a price
  • We will review comparable properties in the neighborhood
    that have sold recently

Negotiable Terms in the Contract

 

Other negotiable items in the contract we will discuss include:

  • Inspections, repairs and home improvements
  • Closing costs, points
    or home warranty
  • Closing data
    and possession

6. Negotiating the Offer

 

Once the offer is submitted,
We will work with you in the negotiations

Inspecting the Property

  • Home inspections will serve as an education in the structure and systems of the property you are purchasing
  • The inspector(s) will give you information regarding condition, maintenance, lifespan and more
  • We will help guide you through the process so you can negotiate repairs for the property based on the review of the inspections

7. Processing the Loan

 

Now that you have the seller’s final approval, we need the lender’s final approval

Final approval means all conditions on the loan have been removed

For example:

There are no liens
on the house

The house appraised
at a value equal to or
greater than the
agreed upon
sales amount

 

8. Closing & Funding

Just before settlement, we will make one last inspection of the property to ensure that the home is in the condition we expect

Making Arrangements For Closing

  • Homeowners insurance
  • Home warranty
  • Certified funds for down payment & closing costs
  • Utilities and movers

Contact our AMAZING buyer’s agents!

 

Liz Hunter ~ Realtor/Buyer Specialist

CalBRE: 01323362

916.276.9097

LizHunterHouses@gmail.com

www.LizHunterHouses.com

 

Cathy Christiansen ~ Realtor/Buyer Specialist

CalBRE: 01203957

916.835.6159

CathyChristiansenRealty@gmail.com

www.CathyChristiansenRealty.com