14 Easy Steps to Buying Your Flower Mound, TX Home
Consultation - At this first meeting we will discuss everything from the time frame of your purchase to the details of your wants, needs and desires for a new home. In addition, we will also discuss any ‘hidden costs’ that may arise (Inspections, surveys, appraisals, etc.). If you have not already secured a pre-approval, I can assist you in securing a mortgage lender. We will also discuss the importance of having a Buyer’s Representation Agreement to protect your interests as a buyer.
Home Search - I will take the information learned during our consultation and search for all of the available homes that meet your established criteria, including For Sale by Owners (FSBO), new construction, expired listings, withdrawn listings and pocket listings (homes not on the market yet).
Schedule showings - After we have determined which homes best meet your criteria, we will schedule showings at your convenience.
Investigate for any additional information - Prior to writing an offer, I will contact the listing agent to determine if there is anything else I should know about this property before sitting down with you to write an offer.
Prepare a Comparative Market Analysis (CMA) - This information gives you as the buyer the assurance that you are offering the seller a competitive price for his/her home.
Discuss price and contract terms - The price is only one facet of an offer to a seller. We will discuss the other terms such as contingencies, closing dates, title search, and closing costs associated with your new home purchase.
Prepare offer- I will prepare your offer to be submitted to the listing agent with all, if any, of the necessary contingencies and disclosures in place to protect your best interest.
Negotiate the offer - While our ultimate goal is to prepare a strong offer the first time, it may become necessary to further negotiate on your behalf to get the sales price and terms/contingencies required.
Schedule home inspections - We will schedule and be present for any and all home inspections.
Review home inspection findings- We will discuss with you any adverse findings uncovered during the home inspection, or what is to be a concern; and what is not.
Negotiate repair requests - It may become necessary to request further compensation from the seller on your behalf as the buyer if repairs are uncovered as the result of a home inspection.
Coordinate correspondence – An ongoing process, this keeps the transaction moving forward by communicating with the lender, title company and listing agent to make sure all the stipulations in the contract are being satisfied.
Review final documents - Once the lender has prepared the loan package, a HUD-1 Statement will be sent to the Buyer’s Agent for review. I will review this document to make sure all financials have been recorded properly and then forward it to you for your review.
Attend closing with buyer - This gives my buyers the added comfort of knowing they will have an advocate present during the closing if something unexpected should arise.
If you are looking to buy a Flower Mound home, you are 14 easy steps away. Contact The North Texas Home Hunter today at (214) 609-7123 for professional real estate services, buying, selling, or investing.