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Rule # 1 Don't Let the Buying Process Scare You
Rule # 2 Get Representation - You need someone on your side
Rule # 3 Get educated. Ask lots of questions
Follow these steps with the help of your Real Estate Agent:
Have a counseling session with your agent to map out a game plan
Discuss communication and the follow up systems you will be using
See a lender to get your financing in place
Review all the documentation required for the transaction
Find a property
Negotiate the transaction, including all contingencies and conditions
>Use the inspection period to investigate any issues of concern
Have a Home Inspection completed
Negotiate repairs
Investigate disclosure issues (SPDS, termite, lead based paint, pool rules, etc.)
Arrange for and have repairs completed
Make sure you get an appraisal
Meet with your Escrow Company to arrange the closing
Line up the funds for the closing
Arrange your electricity, phone, water, mail service and insurance
Close, record and move in
The importance of communication is critical. This is a group effort. You and your agent must work together to co-ordinate all the details. Remember, we are in this together. |
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