Our 8 Step Buying Process:
Beginning your home search can be an overwhelming and daunting task. Because of that, our team makes sure that you, and all other potential buyers, understand each of the 8 steps that we take to make the process as easy and painless as possible. By the end of your search, with our support and guidance, you will live happily ever after in your new, dream home.
1.Create a road map to your success
Let’s get to know each other! Lisa will listen to your goals, calm your anxiety, invest time learning about your concerns and help you understand the whole process. We will make suggestions based on our experience guiding literally hundreds and hundreds of buyers to their perfect home at the best price.
Lisa will suggest ways to find the best priced property as well as introduce you to the price points to focus on and property types for your desired lifestyle. We can even introduce you to mortgage lenders, real estate attorneys, home inspectors and contractors if needed.
2. How much does your dream home cost?
Once we know what your goals are we need to determine exactly how much expense you should expect on a monthly, yearly basis. You'll also want to know exactly how much money you will need at the beginning, middle and end of the purchase. We will make suggestions based on your personal finance style. Your lender will help you determine your buying price range with confidence. The lender will do a full review and then tell you what you will be able to borrow in order to purchase a home, how much your payments will be and how much you need as your down payment. Skip the online calculators, they are rarely right. Smart buyers go straight to the best lender for their situation. This is a vital step in the home buying process. Often buyers simply don't know what to expect and it can cost them time, money and comfort.
3. Hand picked options, hidden homes, on market stuff too
Lisa will get to know you personally, you'll feel like you have a new best friend. Share why you are moving with her so she can hand pick some homes for your consideration. She and the Nurture team will hunt down homes both on and off market for your consideration. Then once you start to receive them be brutally honest with her on your impression of the homes so she stays on the right track. Be sure to let us know if one (or more) jumps out at you so that we can schedule a viewing to start getting you comfortable with the home buying process and keep an eye out for similar options. We will be there for you every step of the way.
4. Schedule viewings and attend open houses
Here’s where the buying process gets really fun! We’ll attend open houses together and schedule viewings of the homes that you have interest in./ We’ll talk about how the budget will work and make sure that we find you the best price. When we view homes together you'll have insider insight into what the market is doing, often we will know why the seller is moving, what the expenses are for that home and we will share our views on whether the pricing makes it attractive.
If there is room to negotiate price we will suggest it and make recommendations on ways to obtain the best value possible.
5. Identify the perfect home and write an offer
When we find the perfect option and your lender confirms it fits your comfort range, you’re ready to make an offer, Lisa will discuss the contract with you so you know what contingencies to request, what if any aren't necessary and whether there are any strings we can pull to obtain an in with the seller. Lisa will present a written offer to the Seller's agent and sometimes even sit with the Seller themselves to discuss you and your interest in the home. The seller often will issue a counter offer, Lisa will make suggestions and guide you toward the best possible outcome. We’re happy to walk you through each of these possibilities and exactly how to handle them. Once the offer is accepted, our concierge jumps in and manages the process for you.
6. Acceptance, appraisal and inspection
The sellers accepted your offer! It's time for inspection if you are completing one! Lisa or her home inspection partner will be present to share the experience with you. They often make suggestions on maintenance tips and negotiation points. If something comes up that no one was expecting a negotiation may be needed to continue the transaction on your behalf. Assuming you reach an agreement with the seller the next step if you have mortgage is the appraisal. This guarantees that the price of the property matches the condition of the property while the inspection makes sure that everything in the home is functioning properly and there are no major issues inside. These are less exciting but
7. Paperwork !
Get excited because it’s time to finalize your paperwork. If you are obtaining a mortgage we can guide you through providing the necessary documents to your lender and track the important dates like your mortgage contingency to protect your deposits.
Once you have your final commitment letter it's important to remember that there is still some time left before the actual loan is complete. Answer your lenders calls and ask questions about anything you don't understand. We will be here to support you. This process includes going through all of the final paperwork and signing your name frequently.
Before you purchase the home please fall in love with the process but don’t fall in love with new furniture until your loan is closed. Any large purchases a few hundred dollars or more can cause an issue with your loan.
Be 100% sure all of your payments continue to be made on time. Don't take an unexpected vacation from work if it impacts your income. Be sure you leave your funds in the bank account that you gave to your lender as proof of your ability to provide a down payment. If you are getting funds as a gift toward your down payment you must show your lender in writing where it came from. A gift letter may be needed so if you plan to receive these types of funds you should notify your lender as early on as you can.
Closing day is finally here! But first you need to complete your final walk through. Many of Lisa's clients will send her in their place. She will shoot photos and video of the property, confirm any repairs that were agreed upon were in fact done and that the home is as empty expected. She will check to be sure the appliances that are supposed to be there are there.
If you are attending you should check cabinets, closets, back yards and around the property to be sure everything has been removed that should have been. Run the water, turn on the heat, check the air conditioning if the weather allows and be sure you know where the keys are for access once the home is yours.
If all is well you'll head to closing with your closing attorney. They will walk you through the process of signing the deed and other related documents. They will collect the downpayment and disburse it to the seller once the sale has been recorded. Then you get the keys and it's officially yours to move in to.