Q: What steps do I need to take before I’m ready to buy a home?

A: Get Your Finances in Order
In order to apply for a loan you need to gather the following information to bring to the lender:

*Note: Some loan programs do not require a down payment.

Q: Do I need to be preapproved?

A: If you can get preapproved, it strengthens your position when it comes time to make an offer.

Q: What exactly is pre-approval?

A: Preapproved is when you formally present your financial information to a lender who then tells you what size loan you qualify for.

Q: What is the cost of a pre-approval?

A: There is no cost associated with a pre-approval.

Q: Can you show me a home that is not listed by you?

A: Yes
We can take you to see any home that is listed for sale even for sale by owner. If you stop into an open house or a new home under construction, you should let the seller’s agent know that you are working with us. Remember, as your agents, we will negotiate in your best interest.

Q: So I have found a house I love, what’s next?

A: We jump into action!
First we will research the most recent sales in the area to help determine a fair price for the home. We then help you write an offer and we present it to the seller’s agent. When your written offer is presented the seller has three choices:

Negotiations will continue until an agreement is reached. Once the seller accepts your offer, or you accept the counteroffer in writing, you have a binding contract to purchase that property.

Q: Do I need any money to buy ?

A: You will need a good faith deposit:

Along with your offer, you’ll need to submit a check for earnest money equal to 3% of the purchase price. This will show the seller that you are serious about purchasing the property. Your earnest money will be deposited in the escrow account 3 days after acceptance of the offer. It will be held there until closing, when it will be applied to your down payment or closing costs.

Q: Why should I work with just one broker?

A: It is in your best interest to work exclusively with us as your buyers' agents.