As you are preparing to purchase a home there are several steps of the sale that we like to recommend. In order to serve you best, we have compiled a list of recommended items below for you to follow. From financing to selecting the best neighborhood, allow our expertise to assist you through the process.

Financing Arrangements
It is fairly easy to calculate what your comfortable monthly budget is, but researching what amount a bank will approve you for with regards to a mortgage is essential. Once you have identified how much you qualify for, then we can begin our search for homes within your price range. Items including, but not limited to credit score, revolving balances and income all play into the amount you will qualify for. You will also be issued a pre-approval letter. This letter is important to have as it will accompany your offer and prove your level of dedication to the seller.

Property Tours
Once we establish your price range and wish list for amenities in a home, you will need to select what areas are best to consider. Every town has different offerings including varying tax rates, services, school systems and accessibility. Focusing on what your personal needs are is the best place to start, then researching what the home prices are in those areas.

The Offer
Once you find that perfect property, it will be time to make an offer. With market conditions as they are now, time is of the essence and you should move quickly. You will want to have all of your necessary information together and ready to go. We will review comps in the neighborhood so that we can put together the best strategy to get you the home at the right price.

Once the sellers have accepted your offer, it is a good idea to have the home professionally inspected. Hiring a professional home inspector to examine the home for its current condition, construction quality and check for necessary repairs will help you budget for future work. This can also help potentially adjust the offer conditions should there be any extreme repairs that are needed.

Purchase and Sale Agreement
Once the satisfactory inspection has been completed, the next step would be to enter contract. The signing of the Purchase and Sale Agreement (P&S) identifies all terms and conditions of the deal. This agreement solidifies all aspects of the transaction including important dates and financials that pertain to the deal up to the closing. The signing of the P & S is accompanied by the down payment monies which will then be held in escrow until the closing date.

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