| 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. |