How diffulcult is the process of owning a home?
First of all, find an area where you would like to live with one of our network of realtors, and take action. You may make several offers on several properties before someone accepts, since the market is so hot. Remember that this is a negotiation process and this is what realtors do best!!! One of three things will happen when you make your offer. * The offer is accepted * The offer is rejected * The seller counters it with her/his modified requirements for sale. Once the purchase price is determined by buyer and seller, the contracts are signed and escrow is opened with a closing date. Typically an earnest money deposit is required by the buyer, and the process begins.
First of all, find an area where you would like to live with one of our network of realtors, and take action. You may make several offers on several properties before someone accepts, since the market is so hot. Remember that this is a negotiation process and this is what realtors do best!!! One of three things will happen when you make your offer. * The offer is accepted * The offer is rejected * The seller counters it with her/his modified requirements for sale. Once the purchase price is determined by buyer and seller, the contracts are signed and escrow is opened with a closing date. Typically an earnest money deposit is required by the buyer, and the process begins. * Appraisal on the subject property * Clear title report * Pest Inspection – if required * House Inspection – if required * Disclosures about the subject property * Any agreements about credits and closing costs * Furniture and fixtures Once all the terms of the contract have been cleared and negotiated by your realtor
