THE BUYING PROCESS

RULE #1 Don't Let the Buying Process Scare You

RULE #2 Get Representation. You need someone on your side.

RULE #3 Educate Yourself. Ask lots of questions.

Follow these steps with the help of your licensed real estate professional:

• 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!

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Randy Melder
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