When you are getting ready to buy a home, it is important to form a strong team of professionals ready to work hard on your behalf. You need team members who aren’t too busy for your business, have a thorough attention to detail, and work proactively. Although each homebuying experience is unique, here are key folks to get in place before you need them:
Getting pre-approved with a lender is one of the most important steps you can take in the homebuying process. A lender examines your financial information to calculate a homebuying budget and provides a pre-approval letter. That pre-approval sends a strong signal that you are serious when you put in an offer. The lender you choose should have a reputation for being a problem-solver and a track record of ensuring transactions close.
A home inspector makes sure a home is structurally sound and inspects for a wide range of potential problems. As the homebuyer, you can choose the inspector when you are interested in buying a home. You want to find someone who is thorough, provides you with a written report and photos, charges market rate, and who can be scheduled within a few days of your offer. Depending on the property you are purchasing, you may require other inspections such as septic, soil testing, or sewer. We will talk about what you may need.
The appraiser is assigned by the lender, and therefore choosing an excellent lender is important to ensure you have an excellent appraiser. Among the qualifications in a good appraiser are performing the appraisal in a timely manner and the skillful utilization of local data to make sure your investment is a sound one.
The escrow agent makes sure that all the documentation is correct, timelines are met, and all the details are adhered to in the transaction. They will also make sure all parties sign the correct forms and that all monies are distributed correctly. We work with well established escrow agents who have a sterling reputation for accuracy.
With over 70 years in the real estate industry, we know a thing or two about negotiating and making sure our buyers are well taken care of. We will negotiate on your behalf and advocate for your needs.
We have worked very hard developing a reputation for closing transactions. This is where we really get to work, making sure all our deadlines are met and staying in close communication with all parties. Our commitment is to you as your advocate. We constantly watch out for your needs which is a commitment that doesn’t end until you have the keys in your hand.
The title company reviews the property history, ensures that the legal description matches what is being sold, and makes sure the seller has the right to sell the property. The title company also does a search for possible lienholders, and works to identify any of a wide range of issues that may impact your purchase, including easements, codes, covenants and restrictions. As with the escrow agent, we work with title companies with excellent reputations for accuracy and sound work.
Let’s talk about putting together your homebuying team. At Russell Jones Real Estate, we have many excellent candidates to put together a great team to make your dream home purchase a reality.