Beyond buying and selling, my mission is to build real connections. Because a home is more than just a place; it’s where your life unfolds.
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Beds | Bath | 1 Car
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Bed | Baths | 1 Car
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Beds | Baths | 2 Cars
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Before you start shopping for your new property, it's a good idea to make some preparations.
Your credit score will have a huge impact on what type of property you can buy, and for what price. It's recommended to check your credit rating with an experienced lender.
Now is not a good time to make sudden career changes or large purchases.
Buyers
The Process, Step-by-Step
Once your offer is accepted by the seller, you will need to have a licensed property inspector inspect the property within the time frame that was agreed upon in the effective contract to purchase.
Depending on the outcome of these inspections, one of two things may happen:
1.The contingencies will be removed, bringing you one step closer to the close.
2. The buyer, after reviewing the property and the inspection report, requests a renegotiation of the terms of contract (usually the price).
Appraisers are specialists in determining the value of properties, based on a combination of square footage measurements, building costs, recent sales of comparable properties, operating income, etc.
Property Insurance.
If you are obtaining a loan, you will be required by your lender to purchase a certain amount of insurance on the property. Consider a higher deductible. Increasing your deductible by just a few hundred dollars can make a big difference
Closing Day
If you are almost there!
The final inspection takes place a day before, or the day of the closing. You will visit the property to verify that all is in working order, everything is the same as when you last viewed the property.
The closing agent will furnish all parties involved with a settlement statement, which summarizes and details the financial transactions enacted in the process. You and the seller(s) will sign this statement, as well as the closing agent, certifying its accuracy. If you are obtaining financing, you will have to sign all pertinent documentation required by the lending institution.
Sellers
When Should I Sell?
You should first establish a time frame for selling.
What Is The Market Like?
Working with my expertise and negotiating skills we will arrive at the best market price to sell your property.
You can do a lot to increase the appeal of your property and to create a lasting impact on potential buyers.
What To Do To Prepare
The following are some factors to keep in mind when listing your property for sale.
Keeping your landscape up, will make an immediate impact on potential buyers.
Simple upgrades, such as, a fresh coat of paint in the most frequently used rooms will instantly liven up the property.
Keep your property uncluttered, smelling fresh, keeping a box by the door that you can grab and stow away before a showing, putting away a cat litter, a batch of baked goods in the oven always smells cozy, have your carpets cleaned.
It's showtime!
Presenting your property to potential buyers is a job that I will take care of for you. Buyers feel more comfortable discussing the property with the agent.
Negotiating.
I will take the ethical responsibility of fairly negotiating contractual terms very seriously.to find a win-win agreement that is beneficial to all parties involved.
Agreement and Deposit.
An effective agreement is a legal arrangement between a potential purchaser and the property’s seller. The agreement may require consideration. This consideration (initial and additional deposit) is to be held in the closing agent’s escrow account pending the fulfillment of conditions or contingencies in the effective agreement.
Inspections and Appraisals
Most buyers will have the property inspected by a licensed property inspector within the time frame that was agreed upon in the contract to purchase.
The Closing Agent.
Either a title company or an attorney will be selected as the closing agent, whose job is to examine and insure clear title to real estate. After researching the complete recorded history of your property, they will certify that
* 1 your title is free and clear of encumbrances (eg. mortgages, leases, or restrictions, liens) by the date of closing.
* 2 all new encumbrances are duly included in the title.
Contingencies.
A contingency is a condition that must be met before a contract becomes legally binding. For instance, a buyer will usually include a contingency stating that their contract is binding only when there is a satisfactory home inspection report from a qualified inspector.
Loan Approval and Appraisal.
We suggest that you accept buyers who have a lender’s pre-approval, approval letter, or written loan commitment, which is a better guarantee of loan approval than a pre-qualification or no documentation from a lending institute. Expect an appraiser from the lender’s company to review your property and verify that the sales price is appropriate.
Closing Day
Tt's is almost time for a congratulations!
Final Walk-Through Inspection.
More of a formality than anything else, the final inspection takes place the day before, or the day of the closing. The buyer visits the property to verify that all is in working order, everything is the same as when the buyer last viewed the property, and that there are no extra items left behind.
The closing agent will furnish all parties involved with a settlement statement, which summarizes and details the financial transactions enacted in the process. The buyer(s) will sign this statement and then you will sign as well as the closing agent, certifying its accuracy. If you are receiving funds from the transaction, you can elect to either have the funds wired electronically to an account at your financial institution, or have a check issued to you at the closing. The seller should arrange to have all property keys and any other important information for the new purchaser at the closing, so that the purchaser may receive at closing.
Happy Clients
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Move with
Missy K
movewithmissyk
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movewithmissyk@gmail.com
(734) 431-7070
movewithmissyk.com