Steps to buying a home...
Initial Meeting: This is an important visit for several reasons. There are many towns that comprise the Greater Manchester Area and
it helps to get a familiarity with them. We go over the role of a Buyer's Agent, and the representation it entails. If the research isn't
done beforehand of homes we'll be viewing, then this is the time to do it together at the computer. Clients can see for themselves
whether or not the criteria they have (or wish to have) actually is available. If not, we can tweak it to come close! After we've refined
the search, the appointments get made! We can also go over what it takes to present an offer, such as having a pre-qualification
letter to accompany it and what our contract consists of. Even if a buyer is a seasoned one, having sold multiple properties in the
past, if he/she is coming from another area, terminology and methods may be different here.
Financing: When we're ready to make an offer on a property, a pre-qualification letter from the lender is necessary to accompany it.
Therefore, it's important to start this process first, sometimes even before looking at properties. A second benefit is that the buyer
will know beforehand exactly what they're qualified to buy, what issues might need to be addressed, items might be needed to be
ready when applying for the loan, etc. See our related services page on this website to get pre-approved today our recommended
loan officers have access to many programs and can counsel and guide a buyer as to the most advantageous and appropriate one
for their needs. There are a number of tax advantages available for most American homeowners, but to benefit, you have to
understand them, and report them properly to IRS. See Realty Times article, "It's Tax Time Again!"
Offer: Once we've found just the right house and are ready to make the offer. It shouldn't be a scary thought because we will have
done our homework. The first thing we do is to check the comparable home sales in the area to see if this home is priced fairly, and
how it relates to others similar to it that have sold. When we're comfortable with what we will be offering, we begin to fill in the
blanks of the New Hampshire Sales Contract. We go over this contract very carefully, so that each paragraph is understood along
with the accompanying disclosures. There are provisions for a Home Inspection and any other inspections the buyer may elect.
The day before closing, there is a final walk though to make sure all is as it was when inspected, or if any repairs that were
requested have been completed.
Once we have an accepted offer. What's next? We have 10 - 14 days in which to do a Home Inspection. We both attend because you
will learn much about the mechanisms of the home. Any repairs will be requested in writing immediately to the sellers agent.
Next... A title company is chosen they will coordinate the closing, receive funds from the buyer and/or any lender, prorates insurance,
taxes, rents, homeowner association fees, etc., disburses funds for title insurance, recording fees, real estate commissions, lien
clearance, etc, prepares a final statement for each party, indicating amounts to be disbursed for services and any further amounts
necessary to close escrow, records deed and loan documents, delivers the deed to the buyer, loan documents to the lender and
funds to the seller.
This is the time to be in touch with the lender to provide whatever is necessary for the final loan documents, for the seller to take care
of any requested repairs, and for the lender to go through the underwriting process.
As a buyer, you will want to arrange for the utilities to be turned on when the seller's is turned off. Don't forget to have the phone
company ready to turn on your new service as well. Make sure all magazines, bills, and family and friends, have your new address!
Anything related to school registration should also be done well in advance. Moving preparations should be made as soon as you
know the offer is approved.
Closing!
The closing is almost always done at the title company with the buyer an seller present typically. The recording of the deed, is
considered the actual "closing". Buyers (and sellers) and their agents will be given a settlement statement, showing the closing
costs beforehand, so there are no surprises, and the buyer will know exactly how much his cashiers check should be. Your loan
officer will have gone over the final closing costs involved with the closing as well just prior to closing. We will attend the final walk
through and closing with you.
it helps to get a familiarity with them. We go over the role of a Buyer's Agent, and the representation it entails. If the research isn't
done beforehand of homes we'll be viewing, then this is the time to do it together at the computer. Clients can see for themselves
whether or not the criteria they have (or wish to have) actually is available. If not, we can tweak it to come close! After we've refined
the search, the appointments get made! We can also go over what it takes to present an offer, such as having a pre-qualification
letter to accompany it and what our contract consists of. Even if a buyer is a seasoned one, having sold multiple properties in the
past, if he/she is coming from another area, terminology and methods may be different here.
Financing: When we're ready to make an offer on a property, a pre-qualification letter from the lender is necessary to accompany it.
Therefore, it's important to start this process first, sometimes even before looking at properties. A second benefit is that the buyer
will know beforehand exactly what they're qualified to buy, what issues might need to be addressed, items might be needed to be
ready when applying for the loan, etc. See our related services page on this website to get pre-approved today our recommended
loan officers have access to many programs and can counsel and guide a buyer as to the most advantageous and appropriate one
for their needs. There are a number of tax advantages available for most American homeowners, but to benefit, you have to
understand them, and report them properly to IRS. See Realty Times article, "It's Tax Time Again!"
Offer: Once we've found just the right house and are ready to make the offer. It shouldn't be a scary thought because we will have
done our homework. The first thing we do is to check the comparable home sales in the area to see if this home is priced fairly, and
how it relates to others similar to it that have sold. When we're comfortable with what we will be offering, we begin to fill in the
blanks of the New Hampshire Sales Contract. We go over this contract very carefully, so that each paragraph is understood along
with the accompanying disclosures. There are provisions for a Home Inspection and any other inspections the buyer may elect.
The day before closing, there is a final walk though to make sure all is as it was when inspected, or if any repairs that were
requested have been completed.
Once we have an accepted offer. What's next? We have 10 - 14 days in which to do a Home Inspection. We both attend because you
will learn much about the mechanisms of the home. Any repairs will be requested in writing immediately to the sellers agent.
Next... A title company is chosen they will coordinate the closing, receive funds from the buyer and/or any lender, prorates insurance,
taxes, rents, homeowner association fees, etc., disburses funds for title insurance, recording fees, real estate commissions, lien
clearance, etc, prepares a final statement for each party, indicating amounts to be disbursed for services and any further amounts
necessary to close escrow, records deed and loan documents, delivers the deed to the buyer, loan documents to the lender and
funds to the seller.
This is the time to be in touch with the lender to provide whatever is necessary for the final loan documents, for the seller to take care
of any requested repairs, and for the lender to go through the underwriting process.
As a buyer, you will want to arrange for the utilities to be turned on when the seller's is turned off. Don't forget to have the phone
company ready to turn on your new service as well. Make sure all magazines, bills, and family and friends, have your new address!
Anything related to school registration should also be done well in advance. Moving preparations should be made as soon as you
know the offer is approved.
Closing!
The closing is almost always done at the title company with the buyer an seller present typically. The recording of the deed, is
considered the actual "closing". Buyers (and sellers) and their agents will be given a settlement statement, showing the closing
costs beforehand, so there are no surprises, and the buyer will know exactly how much his cashiers check should be. Your loan
officer will have gone over the final closing costs involved with the closing as well just prior to closing. We will attend the final walk
through and closing with you.
 | |  | |  | |  |
| Two Agents... One Goal... Make your real estate dreams come true! |
| Karin Provencher ~ Claire Samara ~ RE/MAX Omega Group ~ Manchester NH ~ (603) 860-9464 / (603) 289-1010 / 622-2200 ext 211 |
| Karin & Claire |
| Click Here to SEARCH ALL HOMES FOR SALE! . |
Click for More
Selling Info
Selling Info