Know How Much Can You Afford To Spend?

Sit down with your Lender to determine this answer. Be very open with your Lender about how you want to financially handle your purchase. They will also run a credit report to help determine your status. They may have recommendations for you to improve your purchasing power.

Know The Type of House You Want

Once you know the price range that you are looking in, sit down with your Realty sales team and tell them what you are looking for -- home size, bedrooms, locations, lot size, etc. Your team will review with you the homes that they feel might meet your needs.

Get Pre-Approved Before House Hunting

Getting pre-approved will save you the grief of looking at a house you can't afford and will put you in a better position to make a serous offer when you do find the right home. Not to be confused with a pre-qualification, which is based on a cursory review of your finances, pre-approved from a lender is based on your actual income, debt and credit history.

Get Professional Help

Even though the Internet gives buyers unprecedented access to home listings, it still is a good idea to use an agent. They will have your interest at heart and can help you with strategies during the purchase process. They also step you through the full purchase process of inspections, appraisals, escrow and closing.

Let Your Fingers Do Your Shopping

Your time is important! Use the web to check out the homes in the area you are interested in that are in your price range. Talk to your sales associate about which homes catch your eye.

Do Your Homework Before Making An Offer

Your offer should be based on the sales trend of similar homes in the current market place. This is where your realty sales team can advise you. In a Buyer's market you can often make an offer lower than the asking price. However, in a Seller's market you may need to have a strong offer to get the home. They can help you by showing you the comparable homes that sold and looking at the listing history of the home that you are interested in.

Hire A Home Inspector

Your lender will require a home appraisal. But that's just the bank's way of determining whether the house is worth the price. Separately, you need to hire your own inspector who will do a full house inspection. Their job will be to point out problems or potential problems that could require costly repairs down the road. Plan to be at the inspection so that any questions you have the inspector can answer.

When you are looking for a home or property, finding the right real estate professional can make all the difference in the world. There is no substitute for someone who knows the market and knows how to handle the buying process as professionally and as smoothly as possible -- and who genuinely cares about your needs!

When we help you buy a home, we do the following for you:

• Meet with you to discuss your goals & plan our strategy to find your property.
• Give you names of reputable lenders to identify your price range. Being Pre-Qualified increase your negotiating strength
• Arrange showing appointments & show you properties that meet your criteria
• Discuss with you the important features of the property that will meet your criteria.
• Prepare a written Purchase and Sale offer with the price and terms that you want
• Recommend which inspections, conditions & contingencies will be important to include.
• Negotiate the Purchase and Sale offer with the Seller on your behalf.
• Facilitate the inspections, the conditions and the contingencies and work orders.
• Oversee the appraisal and funding with your mortgage broker to assure a smooth closing.
• Coordinate the closing with Title and Escrow

         Larry@larryandlinda.com
       Linda@larryandlinda.com

       Tel:   253 549-4044
       Fax:: 253 549-7545