Before you start house hunting, clarify your "why"—the reason you want to buy a house and how this property can help you fulfill your short-and long-term goals. Seeking financial security? Consider buying a multifamily and renting out the other units. Need room for a growing family? A single-family home with a fenced yard might suit you. If you're an empty-nester, a condo could offer financial and logistical freedom for retirement. A clear "why" serves as your north star during the home search process and helps your real estate agent serve you more effectively.
A skilled real estate agent plays many roles in your home-buying journey. Not only do real estate agents help you find the right home for you, but also they become your advocate, negotiator, and project manager. Throughout your journey, they leverage market insights to discover optimal opportunities and negotiate beneficial monetary and non-monetary terms. From coordinating with other professionals to managing deadlines, your agent extinguishes fires and clears hurdles, paving the way for a successful transaction from start to finish. Can you afford to risk your dream home or perfect investment falling through over a minor technicality? The right real estate agent navigates these challenges with ease, keeping your best interests at the forefront.
Securing a Pre-Approval Letter from a bank should be your next step, and your Evolve Real Estate Agent can connect you with the right mortgage broker familiar with your needs. A mortgage broker not only completes the mortgage application when the time comes, but also helps you define a comfortable budget and advises you how to improve your credit. The Pre-Approval Letter serves as your financial roadmap and competitive advantage, showcasing you as a serious, qualified buyer and often forming an essential part of your purchase offer. We highly recommend that you obtain a Pre-Approval Letter before attending any showings to ensure you're prepared to act swiftly when the right opportunity presents itself.
Embarking on your home search is where vision meets reality. Partnering with your Evolve Agent, you'll receive customized property listings that align with your set criteria. Should a property stand out as an ideal match, your agent won't hesitate to contact you immediately. Ongoing conversations with your agent help you fine-tune your market strategy, tailoring it to meet your unique objectives.
When you're ready to make an offer, your Evolve Agent dives into comprehensive analysis—evaluating market conditions, assessing how long the property has been on the market, and considering other factors unique to the property. This analysis informs the crafting of an offer designed to align your goals with that of the seller's, enough to secure an accepted offer and smooth transaction. Remember, the highest offer doesn't always win the day; often, it's the inclusion of strategic non-monetary terms that tips the scale in your favor. With your Evolve Agent guiding each step, you're well-positioned for a transaction that's not just successful, but also as hassle-free as possible.
Once your offer is accepted, real estate attorneys step in to draft and negotiate the formal terms of the agreement, known as the Purchase and Sale Agreement. Once this document is signed, your Evolve Agent and mortgage broker serve as your navigators, steering you through the additional requirements that may surface, whether from your lender or related to the property itself. Completion of your mortgage application and obtaining a commitment letter from your bank or lender are critical steps on this journey. With expert guidance at your side, you'll be well-prepared to meet these challenges, keeping you on course for a successful closing.
In the days leading up to your closing, your real estate attorney will conduct a meticulous title search and prepare all the essential documents, including your property's deed. At the same time, you and your Evolve Agent should coordinate notifications of new ownership and the transfer of utility bills should be set in motion. Within 24 hours of your official closing, you'll have the opportunity for a final walk-through to verify that all terms of the contract have been met before signing the closing documents. Once the transaction is “on record,” you'll be the official homeowner. Congratulations!
If you’re planning to buy or sell a home, you want the process to go successfully. If you’re selling, success means getting your property sold quickly and for the highest price possible. If you’re buying, it means finding your next dream home and getting into it, affordably. On top of that, if you’re like most of our satisfied customers, you also want everything to go smoothly, with as little stress as possible. Contact us now to get started!