Buyers
Stage One
Let’s Determine Your Objectives
What recently happened in your life that makes you want to move?
What price range are you considering?
What is your timeline to move?
What are your ideal features?
What are you looking for in a neighborhood?
Planning and Preparation
Discuss objectives and process
Select a lender and begin approval process
Obtain loan approval letter
Execute an exclusive buyer-broker agreement
With your agent, research neighborhoods of interest
Understanding the Market
Review your neighborhood references
Consider personal timing and seasonal factors
Analyze active, pending, and sold properties
Discuss market forces: supply v. demand, macro v. micro
Stage Two
Finding Your Dream Home
Browse and review online listings
Network with local agents to uncover new and off market homes
Attend open houses
Select ideal location and home
Offers and Negotiation Strategies
Review purchase contract
Discuss objectives and processes
Create offer presentation highlighting buyer strengths
Negotiate to optimize price and terms
Accept offer & counter-offers
Stage Three
Escrow Process
Notify escrow of acceptance and send fully executed contract
Wire initial deposit to escrow per terms of agreement
Notify lender to begin the loan and order appraisal
Sign and return opening package of escrow instructions
Contact insurance agent regarding homeowner’s coverage
Provide escrow with vesting (title) information
Sign loan documents
Inspections and Disclosures
Review seller’s disclosures and reports
Schedule all desired home inspections, including termite
Approve or negotiate repairs based on the inspection reports
Review and approve preliminary title report
Meet deadlines and remove contractual contingencies
Schedule final walk-through prior to close of escrow
Stage Four
Closing
Review closing statement from escrow
Meet with escrow to sign loan documents
Arrange to wire the down payment and closing cost
Working Together Again
Precision Realty & Associates are here for you
Yearly home valuation to keep you informed
Second homes and investment properties
Provide resources and introductions
Referrals, testimonials, review