Gary Keller wrote a book just for you. It's called Your First Home, and it details the process in easy to read language. If you would like a FREE copy, simply drop by our office, and I will give you one.
The first step is to get pre-approved by a strong local lender. I will give you a list of lenders we have found to be trustworthy and professional. I will also give you our Buyers Preferences Questionnaire to help you to identify the must have features of your new home.
Once we have your budget set, we usually spend some time looking at homes to clarify what you like and don't like, and we go see the best of the available inventory that matches with your likes. When we find the right home, we research neighborhood pricing and write an offer. A negotiation with the Seller follows, and with a little luck, we can find the price that the Seller is willing to take and that you are willing to pay. Once agreement is reached, we have a Contract.
Then, the fun begins! First, you hire a professional home inspector to check out all the systems in the home, to make sure that you are not buying a problem home. We use the Inspector's report to negotiate any repairs needed, We check for termites and carpenter ants, We verify property boundaries and easements (Survey), We check for open permits from the city, to make sure that any previous repairs or additions were done properly. We get Homeowner Association documents and review them. We verify that any new repairs were done properly and completed.
Your lender will order an appraisal to insure that you are getting fair value. The Title Company searches for any hidden liens or easements.
I know that all sounds complicated, and it is. Fortunately, if you have a good agent, you agent does all that work and simply reports the details to you as they occur. Once all that is done, and your lender gives the go ahead, you get to write a check, sign a mountain of papers, and start moving.
As you can see, this is not a do-it-yourself project. You need to find the best agent you can. Happily, the Seller's agent pays for your agent, so we don't cost you a penny extra. Your agent works for you. The Seller's agent works for the Seller. So you don't want to be calling listing agents and trying to negotiate with them.
I invite you to come by our office and pick up your Free book, and ask any questions you night have. Please call first to make an appointment, so we can be fully prepared for your visit.
Ellen and Doc Stephens, REALTORS
Keller Williams Realty
10999 IH-10 West # 175
San Antonio, TX 78230