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Home Buying Step-by-Step

Real Estate Agent with RE/MAX Associates

Thinking about buying a home?  Here's is what can expect from start to finish. 

1.  Select a REALTOR® and establish a relationship

Selecting the right Realtor that will provide quality service to you is essential in buying a home.  Not only would you be working closely together to find a home, but this Realtor will be representing you and will be responsible for acting in your best interest.  I will provide the highest quality of service and your best interests will guide my actions.

2.  Initial consultation with your Realtor® to evaluate your needs and resources

We will establish your needs and desires as they pertain to your home, but also financially.  We will meet and analyze your resources and I will provide guidance to financial institutions and access to financial contacts that I have established relationships with over time that will allow you to get the best financing available. 

3.  Identify property to buy

I will email you listings that fit your criteria and show you homes based upon the criteria that we establish.  The more precise and direct your criteria are, the more successful your search will be.

4.  Determine Seller's motivation

Once we have found the home that you wish to purchase, I will do the necessary research to help you structure an effective offer.

5.  Write offer to purchase

I will draft the Purchase Agreement for you, advising you on protective contingencies, customary practices, and local regulations.  At this time you will need to provide an "earnest money" deposit, usually from 1% to 3% of the purchase price (the deposit is not cashed until your offer has been accepted by the Seller).

6.  Presentation of the offer

I will present your offer to the Seller and Seller's agent.  The Seller has three options:  They can accept your offer, counter your offer, or reject your offer.  My personal knowledge of your needs and qualifications will enable me to represent you in the best way possible.

7.  Seller's response

I will review the Seller's response with you.  My negotiating skills, understanding of what is important, and my knowledge will benefit you in reaching a final agreement.

8.  Open escrow

When the Purchase Agreement is accepted and signed by all parties, I will open escrow for you.  At this time your earnest money check will be deposited.  The escrow company will receive, hold and then disperse all funds associated with your transaction.

9.  Contingency period

This is the time allowed per your Purchase Agreement (typically 17 days) to obtain financing, perform inspections, and satisfy any other contingencies to which your purchase is subject.

      Typical contingencies include:

•·        Approval of the Seller's Transfer Disclosure Statement

•·        Physical inspections of the property and any other investigations

•·        Approval of the Preliminary Report from the Title Company

•·        Loan approval, including an appraisal of the property

•·        Pest inspection and certification

10.  Homeowner's Insurance

I will coordinate between your Insurance Agent and the Escrow Officer to make sure your policy is in effect at the close of escrow.

11.  Down Payment Funds

You will need a Cashier's Check or money transfer several days prior to the closing date of escrow.

12.  Close Escrow

When all of the conditions of the Purchase Agreement have been met, you will sign your loan documents and closing papers.  You will bring the balance of your down payment and closing costs to escrow and your lender will "fund your loan", at which time the remainder of the purchase price (equal to the loan amount) will be deposited into escrow.  Typically the following day, the Deed will then be recorded at the County Recorder's office and you will take ownership of your home.

Call or email me anytime to find out about my VIP 5/10 Buyer Guarantee.  I guarantee to save you 5% off the listing price of your next home, or I will give you 10% of my commission!  Now that's a deal!

Dan Christensen



1 800-969-6386

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