“Real estate cannot be lost, or stolen, nor can it be carried away. Purchased with common sense, paid for in full, or managed with reasonable care, it is about the safest investment in the world.” Franklin D. Roosevelt
Everyone has dreams and aspirations of becoming a homeowner, but most of us don’t have the first idea about how to make them come true or at least we don’t think we do.
Many of us spend more time fantasizing about achieving our goals and what it will feel like once we’ve succeeded than we do thinking about how to actually achieve them, and we rarely (if ever) take action to bring these thoughts and dreams into reality. So nothing ever changes, and then we wonder why we never feel fulfilled.
Moral of the story: if you want to change your life, you must do something about it. If you’re dreaming about investing in real estate, you’ve landed at the right spot. We are to help you stop procrastinating and get to work on your dreams of becoming a homeowner!
Here at Woods Realty Group we are here to guide both buyers and sellers in achieving all their real estate dreams.
Let’s start by looking at what we do for you as a buyer!
1. Get pre-approved for a loan.
We have a have a large network of agents, lenders, and other professionals in the real estate industry that we can and will connect you with. We will start by connecting you with a lender that can get you pre-approved for a mortgage which is a necessity when you are shopping in today’s competitive market. You will need to understand there is a difference between being preapproved vs being prequalified and without a doubt, you want to be preapproved. With a preapproval, the lender will verify a buyer’s employment, income, and research their credit history. Listing agents will want a solid preapproval letter when presenting an offer.
2. Find the right home for your needs.
Hunting for a home is exhausting even when everything goes smoothly. We will help you narrow down your search to save you time and energy by asking you targeted questions to help you define precisely what you want. We will help you focus on the right location, neighborhood, school district, property type, and more.
It will still take time and energy to shop for the right property, but a lot of that time and energy will be our worry and not yours!
3. Negotiate an offer.
When you find a home that you want, one that really excites you, it is time to make an offer. But what offer should you be putting forward? Making an offer too low isn’t smart because it will probably be ignored and potentially offend the seller.
One the other hand, you don’t want to offer too much though, because no one wants to spend more than they have to. You’ll need to hit the sweet spot, a number that our outstanding agents are well-qualified to help you choose.
4. Select a home inspector.
Some home inspectors are better than others. We know and will provide a list of the best home inspectors in the area and can connect you with them. You need to have the home inspected before you buy it to avoid purchasing a money pit.
Woods Realty Group agents knows this fact and will encourage you to get the home inspected using a reputable inspector you can depend on. We can also help you decide if you need other inspections, like radon, mold, and so on.
5. Attend a home inspection.
Home inspectors can miss problems, which is why you want to have a second set of eyes there. We are looking out for your interest and will be there representing you to the fullest to make sure everything goes as it should and help you understand the results of the inspection.
Sometimes buyers can struggle to know what problems are worth stressing over and which aren’t. No need to worry we’ve got your back and will help you decide what issues are ones you need to be concerned with.
6. Negotiate any home inspection repair requests.
Issues that you find through the home inspection may be ones that you need to discuss with the seller. We will guide you to which problems need to be brought up for negotiations and will handle the negotiation process for you.
Negotiations may include a price reduction, repairs, or some other concession that is justified due to the problems with the home. Mediating issues from a home inspection are commonplace, and you want our skilled agents doing it.
7. Communicate with the seller’s agent and your attorney throughout the process.
Things continuously change during the real estate transaction process. With each shift, every vital party in the transaction needs to be aware of what is happening. Our agents will keep open the lines of communication between all the parties to keep the transaction moving along smoothly.
Excellent communication skills is the hallmark trait of an exceptional agent, whether they are representing a buyer or seller, and lucky for you all our agents have top notch communication skills!
8. Monitor your loan commitment.
Agents at Woods Realty Group know how easy it is for a buyer to lose a loan approval, it’s based on your financial situation at the time of your application, and any significant changes you make after that can cause the funding to fall through. No one wants this to happen, especially your agent, so we will keep track of your loan for you and advise you on how to protect your approval.
9. Finalize all loose ends for the closing.
There are a surprising number of details that need to be addressed to finalize a closing. You have enough on your plate as it is, which is why we will be the one to ensure that all these details are taken care of. We will finalize all those loose ends so that you close without any worry.
Our ultimate goal is to make the home buying process as seamless as possible. As you can see there is a ton of work that goes into buying a home, and that is why you will want, NO you will need an experienced agent on your side!