What to Expect When Buying A Home

There are many factors that affect the process and length of time it will take for you to find the right place to call home. Often, the beginning of the buying journey starts with more questions than answers. What is your timeframe? What are you looking for in your new home? What is your budget? What factors of today's market will affect your ability to buy a home? The home buying process is complicated, and we will be with you every step of the way. Scroll down to read more about how we are here to help guide you through:

Determining Budget & Needs
Selecting Your Team of Professionals
Finding Your Home
Making an Offer
Contract to Close
Moving in and Enjoying Your Home

1

DETERMINING BUDGET & NEEDS

2

YOUR TEAM OF PROFESSIONALS

3

FINDING YOUR HOME

4

MAKING AN OFFER

DETERMINING BUDGET & NEEDS

Every situation has unique factors associated with it.

Buying your dream home is dependent on the home's availability and your ability to purchase at that moment in time. There will always be some form of compromise in finding the right home for you. The yard may be smaller or larger than you wanted. Everything may be updated except the kitchen, or one bathroom needs work. The house might lack a pool you wanted or have one that you'd rather not have.

Your agent is here to help provide solutions that bridge the gap between your ideal home and availability, ensuring you find a home that aligns with your priorities and desires.

Additionally, the COMMUNITY YOU SELECT plays a crucial role in your home-buying decision; understanding its influence on your day-to-day life is important in finding the right home for you.

YOUR TEAM OF PROFESSIONALS

Your Beth Wolff Realtors agent is more than just a guide in your home-buying journey.

Your agent is the center of a network of professionals dedicated to ensuring a smooth transaction from start to finish. With their vast experience and connections, they can introduce you to a trusted mortgage lender or banker to secure the best financing terms. They can also recommend reliable insurance agents to protect your investment, skilled home inspectors to ensure the property's integrity, and qualified contractors for any potential renovations or repairs. Assembling this team ensures you have experts in every field, all working in concert to make your home ownership process go smoothly.

FINDING YOUR HOME

An Exciting Step in The Process

While assisting you in locating the perfect property is significant, it represents just a fraction of the buying process and SERVICES WE OFFER OUR BUYER CLIENTS. We are a partner in your search regardless of your timeframe, continually presenting options that you may not have considered.

MAKING AN OFFER

We are deeply committed to ensuring that your offer stands out in the competitive real estate market.

First, we prepare a thorough comparative market analysis, enabling you to make well-informed decisions and understand the true value of the property. This analysis is not just about price, but about understanding the nuances of the market. With your interests at heart, your agent will strategically consider all angles to draft an offer that not only benefits you but also enhances your likelihood of successfully acquiring your chosen home. We will carefully draft the contract, taking the time to clarify any contingencies or questions you may have.

When it's time to present your offer, you can be confident it will be delivered with the utmost professionalism, either directly to the seller or through their representing agent.

Scroll down for details after an accepted contract.

CONTRACT TO CLOSE

Option Period, Inspections, and Due Diligence

Option period: This is a timeframe providing an unrestricted right to terminate the contract which allows you to investigate the condition of the property and negotiate based on findings.
Schedule inspections: We will help recommend inspectors and specialists to assess the property's condition (e.g., structural, mechanical, termite, HVAC, pool, etc).
Review inspection results: Your agent will help you understand the inspection reports and discuss options that pertain to negotiating any necessary repairs or credits with the Seller. We want to ensure moving forward with the purchase is in your best interest.
Perform other due diligence: Research the property's title, neighborhood/HOA, obtain insurance quotes, discuss the survey, and any other factors that may impact the sale.

Finalizing Financing & Preparing to Close

Finalize your mortgage: We work closely with your lender to ensure you are informed throughout the mortgage process and provide all required documentation to the lender.
Title work: The title company will conduct a title search notifying all parties of clear rights to purchase the property. If any encumbrances arise, we work with the title company and Seller to resolve any outstanding issues.
Underwriting and appraisal: Your agent will consult with the appraiser to ensure proper valuation of the property and the lender’s underwriting department will review your loan file to pass all state and federal requirements.
Receive loan approval: Once your loan is approved, you'll receive a commitment letter from the lender.
Obtain insurance: Make sure your home is properly insured including homeowner’s policy as well as flood insurance and in some areas windstorm/coastal coverage.
Update utilities and services: Schedule the date for utilities, internet, and other essential services to begin in your name. Your agent will be able to guide you through the selection process, especially in the open energy market.

Closing Process

Final walk-through: We will visit the property to ensure it is in the agreed-upon condition including the removal of Seller's personal items.
Closing documents: Prior to closing, you and your agent will review the closing documents, provided by the title company, to ensure everything is accurate and agreeable.
Closing day: You will sign the purchase documents including the loan, deed, and settlement statements. Once all documents are approved, the title company will verify receipt of funds. The property will officially become yours.