It Can Be Overwhelming. Here’s the process:

  • Trusting me as your agent, using my expertise, Dale Carnegie Trained
  • What area of town and what type of home fits your needs?
  • How are you paying for your home? 
  • Who is your lender? I have 5 on demand and everyone you need on speed dial and work with one of the top lenders in The Valley.
  • If you have a loan, what type is it, and what is the structure of your loan to make sure you can afford your home and payment, do you understand “all” of your closing costs, fees. 
  • Determine your loan options and obtain a pre-approval letter from a lender prior to beginning the home search. Some homes are going under contract within days, so being able to move quickly with your letter when making an offer lets sellers know you qualify. Many won’t consider your offer without this letter.
  • Paying cash this is not needed but proof of funds is.
  • After selling over 100 homes I have found you more than likely won’t be able to present an offer that’s below the asking price. If you love the property, present the seller with your best offer price. If the house has been on the market for longer than a week your chances are better of making a lower offer.
  • If you want your offer to compete with multiple offers can you afford to pay more for the home than asking price? If so, consider having me include an escalation clause. The clause details how much you’re willing to pay over competing offers. Including an escalation clause in your offer is another way to show a seller that you’re a serious buyer.
  • Inspections: You’ll want to get a home inspection performed on the property before closing. This contingency allows you to renegotiate or back out of the deal entirely if it reveals serious issues or the seller can fix them. Sometimes they lower the price instead. You pay for the home inspection $600+. Do you want radon too? Termite? Well, Septic? We will discuss. *Structural/roof/foundation, electrical, hvac, plumbing.
  • Appraisal: This contingency allows you to renegotiate or exit the transaction if the home’s appraised value is less than what you’ve offered. *Your lender will require this and you pay for it $500 +
  • Home inspections make the home buying process safer for you and waiving some of them can make your offer more competitive. Make sure you discuss with me before doing this, though. Waiving contingencies is seldom recommended and could have serious repercussions. *Who is your home inspector?
  • Do you have a preferred title company?
  • Making an offer, what type of offer, when is your closing date?
  • How much is your earnest money deposit? By offering more earnest money, you’re letting the seller know that you’re a committed buyer. *This deposit goes towards your closing costs, loan. It’ help by the title company and must be delivered within 5 business days

All of these and more are critical to your purchase! Stay positive, I am here to make The Experience Real, help you understand all of your options and more. Please feel free to call or text anytime to find and sell your home in The Roanoke Valley and Beyond 📞 540-314-5583.

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