Why use an real estate agent to buy your home?

The Offer

You have probably gone through quite a bit of searching and preparation in trying to find the home you wish to purchase. Your HomeSmart Agent has been there for you, shown you properties based on your initial list of desirable features and narrowed your options. At this point, you will have found the home you want and will be commencing the process to proceed with an offer on the property.

There are a number of factors that will affect your decision on what to offer on the property. Market conditions are always a factor. For instance, if it is a “Buyer’s” market, you will have some more negotiating room for the property. In a “Seller’s” market, you may want to place your best offer up front in order to be the one chose by the Seller.

Also to be considered are the values of the properties around the one you want. These figures are typically called the “comps” or “comparables”. Your Agent will show you all of the properties on a list that have closed or are for sale currently in the vicinity of the property you are submitting an offer on. These comps must be analyzed and a realistic value for the property established. There will be an appraisal of the property after you open escrow, and often what you are willing to pay for a property and what an appraiser determines as its value are two different numbers!
You will also want to establish the closing date, before writing an offer. If you are obtaining a loan, a Lender will generally need about 30 days to complete your loan, order and evaluate the appraisal, and furnish the closing documents. If you have been pre-approved, this time frame may shorten. Of course, you will want to give yourself ample time to conduct any inspections on the property prior to your choosing a closing date.

There are other terms to be considered when placing an offer that may affect whether or not the Seller is willing to accept the offer, or whether you are willing to accept the Seller’s terms. Some of the factors to consider are if a pre or post possession of the property has been requested if a Home Warranty will be included, and as stated previously, what market conditions currently are.

At HomeSmart, we feel that you cannot enter into an agreement without as much information as possible. Our commitment to providing you with superior customer services can be demonstrated by our training and support programs designed to assist your Agent and in turn, help you be the most informed Buyer you can be.

An offer to purchase property is a legally binding document and should be explained to you in detail as you are filling it out with you Agent. You should always feel free to consult an attorney or tax advisor to obtain further information you deem necessary. We want you to be prepared, but also enjoy this exciting experience. Anything we can do to help, just ask!


Whether you want to buy, sell, flip or invest in a property I will make your transaction easy and successful.

Choosing the right home
 
A home is more than just a collection of rooms and walls. A home is where you live, raise families, entertain and relax. Since so much of your life is spent in your home, choosing the right one for you is an enormous decision.

It is important to consider your priorities and the list of features you are looking for in a home. Your HomeSmart Agent will help you define your search parameters and target the ideal properties for you to consider.

Some things you should consider in creating your list are price, location, and your future needs. Everyone is different, and some of us may trade four bedrooms for a big kitchen! A larger backyard may make up for a longer commute to the office. The number of bathrooms may be more important to a growing family, or a single story home might be necessary for someone who has difficulty climbing stairs.

With over six million new and existing homes sold each year in the United States, the options can be staggering! Your HomeSmart Agent will help you narrow down the choices and find the property that best suits your needs.

It may be the very first home you look at or the very last one; but in either case, we will help you find the place you can call "home"!



Inspection
 
In general, buyers are entitled to conduct a series of inspections on the property that they are about to purchase. After your offer has been accepted, your HomeSmart Agent will assist you in hiring a professional home inspector to conduct an inspection of the property. At HomeSmart, we recommend that you choose a home inspector that is certified by a trade association.

Some of the items typically investigated during an inspection are appliances, plumbing, A/C, heating, electrical, structure, foundation, roof, and attic. If any of the following are areas of concern, you can ask your inspector to address concerns regarding indoor air quality, expansive soil conditions, previous fire or flood, pests, and mold. If you are obtaining a loan, your Lender may require specific inspections, such as an inspection to certify that the home is free of wood-destroying organisms.

It is around this time that you can expect to be provided with a Property Disclosure Statement from the Seller, which contains all information material to the sale of the property. Your HomeSmart Agent will ask you to read through it carefully and ask any questions you might have during your inspection period.


Additional inspections that you may want to consider are a survey to determine where property lines are located, and a claims report, which gives Buyers the past insurance claim history on the property (a factor which can affect the cost of your homeowner’s insurance).

In addition to formal inspections, Buyers should consider other methods of obtaining information about the property. For example, talk to the neighbors and drive around the neighborhood during different times of the day. In touring the neighborhood, consider things such as proximity to freeways, airports, and schools.


Your HomeSmart Agent can also provide you with resources for obtaining information on crime statistics, city planning and zoning, school information and environmental concerns which may affect your decision to purchase.