SO YOU'VE DECIDED TO BUY A HOME... Part 5

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Real Estate Agent with Precious Memories - Photography

Closing the Deal

You found a home you want to purchase, you made an offer and it was accepted, it passed inspection and your option period has passed without any glitches.

Tip...If your closing date is near the end of the year, make sure to speak with your accountant . They may be able to identify future savings tied into owning a home, and might recommend a specific closing date for tax purposes.

Be sure to calculate and re-calculate all of your closing costs to avoid any surprises. Costs generally range between 2% and 7% percent of the purchase price of the home.

Prepare a walk through to ensure the seller has completed all repairs specified in the contract agreement, and any other contingencies, as well.

You are now ready to close the deal. Closing day is when the seller officially signs the house over to you. Before signing any paperwork have your agent or the escrow agent discuss each detail and ask questions about anything you do not understand. When you are able to take possession of your home should have been pre-determined, and it could take anywhere from 5 to 105 days to move into your new home.

 

As Buyers you should feel comfortable throughout the home buying process. Even if you don't choose to use Exceptional Realty Services to guide you and advise you, I know this information will be valuable. 

If you have not made up your mind in terms of representation, I encourage you to compare other agents to what we have to offer. Although most people chose their agent based upon referrals, statistics show that most homeowners are not satisfied with their agent by the end of the process. The lesson here is to do your homework and make sure the person you are looking to use is more qualified and can meet your needs better than we can.

If you choose to use Exceptional Realty Services, we will immediately compile a list of homes based on your personal wants and needs. We are available to answer any of your questions, anytime. We can assist you with the process of finding a home, help with getting a loan, information for relocation, listing and selling your home, investment tips and toolsforeclosure assistance, short sale information and so forth. 

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Christy Schleicher

Precious Memories - Dallas TX
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