You describe to us specifically what you are looking for, including the price range and location preferences if any.
If you see something you like give us a call, we can then arrange a time with you to show the property.
Once you decide on a property to purchase make sure to have all your financial arrangements in order before making the offer. We will then take your written or verbal offer to the seller. The seller will either accept your offer or make a counter offer. If the seller makes a counter offer you can either accept their offer or counter back with a different purchase amount.
If the seller agrees to the terms of your offer, we will draft a purchase agreement contract, at which point both seller and buyer are under a legally binding contract, with the contract to close at some point in the future – usually 30 days.
The buyer typically places earnest money (a sum of money in escrow to indicate to the seller that said buyer is a serious buyer). The seller is legally entitled to this earnest money as liquidated damages in the event a buyer pulls out of a contract without justification. If, however, the buyer justifiably pulls out of the contract, the buyer is legally entitled to their money back.
During the 30 days between the time the contract is signed and the closing, we would have a title investigation done to verify the following things: a) whether the seller has legal authority to convey the property, b) identify any outstanding mortgages, city/ county liens that the seller needs to satisfy before conveying, c) identify any potential legal judgments against the seller that may affect title to the property they are attempting to convey. The goal of the title search is to ensure that the new owner will have clear and marketable title, and that no one can stake any claim or interest on your property once the transaction is closed.
At closing, you, as the buyer will be furnished with a final title policy that insures the title to your property, the original, executed, recorded warranty deed, and a closing/ lien affidavit, all of which legally transfers fee simple ownership from the prior owner to you the new buyer. Of course, at closing, you will be expected to bring all funds required to complete the transaction. Make sure to have homeowner’s insurance and all utilities in your name on the day of closing. You will want to make sure to have all this arranged before the closing date occurs. That’s about it for the real estate transaction. Enjoy your new home!!