Selling or Buying a home has always been a stressful process.Â If you are a seller, you are always on call or maintaining your home in â€œshowingâ€ condition. If you are a buyer, you are scanning the Internets daily and tirelessly giving up your weekends to preview homes. Â And oh yes, letâ€™s not forget the financing! Buyerâ€™s will have to provide documentation of income and earnings along with tax returns, sellerâ€™s will want to verify that once a buyer makes an offer, theyâ€™ve completed the pre-approval process and are certain that they can get financing.
So whatâ€™s the â€œNew Processâ€?
Many things may be questioned these day! If you are a seller, it is beneficial to make sure that you have all the necessary documents for transferring your property i.e. certificateâ€™s of occupancy for deckâ€™s, pools, fencing or shedâ€™s, (check with your local town hall for current requirements). Â If you are a buyer you will need to provide current tax returns, W-2â€²s, on going bank statements, deposit history, employment verification and more.
Seem like a lot of work?
In fact, this is only a small part of what your mortgage professional and real estate professional will review each and every home that they service. Todayâ€™s market requires a complete understanding of this process, and this is just the tip of the iceberg! When hiring your mortgage professional or real estate professional, choose carefully! Â Interviewing two or three experienced top producing professionals can save you headaches and aggravation before you start the process!
Catherine Lindstadt, RealtorÂ 631-266-6113Â email@example.com