meet and create a wishlist
I know you are anxious to look at homes! You will profit greatly from knowing the whole process and what to expect every step of the way. I like to find out your “bonus items” and “must haves” that will make a house the perfect home. Need to move for a job? Want a shorter commute? Getting married? Having a baby? Need to upgrade or downsize? We will discuss all of these important details over the phone, on a Zoom call, or in person if appropriate.
At this stage in the process, I’ll send you notifications about the listings that you’re most likely to be excited about. Be sure to let me know if one (or more) jumps out at you so that I can schedule a viewing. I also go over the current market, current inventory, and how to win in that market. I walk you through strategy for winning in multiple offer scenarios without overpaying, concessions you can request from the seller, financing options, your time frame, etc.
Also earnest money required at your price range and conditions to put on your offer to protect your earnest money. Basically what to expect and all methods of mitigating risk. I also understand that it’s not always possible to meet in person and we can accomplish what we need to over the phone and/or email as well. I get it – you’re busy!
Please use a good lender. I’m more than happy to recommend lenders who are fantastic at what they do. The lender may not need a whole lot of info from you initially, but they do need to know how they can most effectively help from the financial documentation that you provide.
Pick your ideal loan program and price that your ideal monthly payment correlates to. This has to be done before presenting your offer. It’s important to have this done before searching for homes so there are no delays once you find the perfect home that could result in you losing the opportunity to make an offer.
Time to get in the car...
Found the perfect home! Time to write an offer.
When you’re ready to write an offer, I’ll walk you through the contract section by section so you know exactly what you are offering and how that applies to you. I need to tailor your offer to our knowledge of the seller’s negotiating position.
I will have a detailed conversation with the listing agent to review the seller’s motivations for selling, request property disclosures and reports if available, and get a general sense of what we can include or disclude from your offer to make it more appealing to the seller.
I research liens against the property, how much the seller owes on their mortgage, whether the property is in foreclosure, time on market, and patterns in price reductions to determine their position. And of course, tailor everything to your needs. Do you want/need the seller to pay some or all of your closing costs? Would you like a seller paid home warranty? All of these work into the net amount that we present to the seller.