The higher the score, the better loan you’ll qualify for. But don’t worry, there are mortgages available for almost every credit level.
To prequalify for a mortgage, you’ll need to provide your lender with pay stubs for two months, savings information, and your last two tax returns.
Find a real estate professional with the experience and knowledge to get you through this exciting process.
There’s so much information about communities and neighborhoods online today. You can read reviews on schools, get walkability scores and tour local coffee houses so you can know the area before you buy.
You’ll see a lot of houses and it can be very overwhelming. Make a list of your ‘must-haves versus those things that would be nice to have. This will help you and your agent zero in on the right homes.
An experienced real estate professional will know the market in your area and be able to confidently guide you on the right amount to offer a seller once you’ve found a house.
Be ready as you may be presented with a counteroffer. Again, you’ll want to work with your real estate professional to accept the counter or negotiate further.
Once the offer is accepted, you’ll be in escrow. Escrow opens when a signed agreement is delivered to an escrow officer, who helps to ensure that all conditions of the contract are satisfied.
This is a crucial step. You’ll want to know about any pre-existing conditions of the house and the cost to fix them. Keep in mind, that a good inspector will list everything that may be of concern. Again, it’s up to you and your agent to determine what is reasonable for the seller to fix.
Make sure all closing costs and inspections are complete. You’re almost there!
Your real estate professional will help you understand the closing process which can be complicated and a little overwhelming. Get your hand ready to sign a lot of paperwork.
Congratulations! You’re now ready to begin the next chapter of your life.
Have you done the work necessary to sell your home for top dollar? Tackle that home improvement list before you put your home on the market so you’re not leaving anything on the table.
Sure we’re biased. But with our experience and knowledge, Realty ONE Group professionals are the best choice to help you sell your home.
Work with your real estate professional to determine a price. We know you love your home but don’t overprice it. Trust your real estate professional to help you be realistic so you can avoid any price adjustments.
Prepare your home for showings by cleaning and decluttering. You might consider hiring a professional stager or staging your home yourself to make it shine.
Work with your agent to market the best features of your home and make sure it is accessible online to buyers far and wide. You never know who might be interested.
With luck, offers will come pouring in. Get ready to negotiate and find the right offer for you based on price, timing, and any contingencies or additional asks.
Your real estate professional will know what to do once you accept an offer. But remember to be patient. It may take a while with several critical steps before you close.
If you don’t have an inspector your real estate agent can recommend one and give you a checklist so you know what the inspector will want to see. Keep in mind, a good inspector will have suggested improvements for almost any home. Don’t get discouraged.
All homes in the United States are subject to lead-based paint disclosures, not just those built before 1978. If you’re aware of material facts, make sure you and your agent disclose them.
Your buyers are responsible for clearing all contingencies. Make sure that they do, and in the timeframe required by your state, so there’s no threat to the deal following through. In California, for example, contracts default to 17 days, at which time, the buyer must release contingencies.
You just sold your home! Thank your real estate professional and get on the move. You’re on to the next wonderful chapter of your life.