Your Brandon Martens Team agent will spend time with you to explain the buying process in detail. Here is a preliminary checklist to help you get started.
Before you start looking for a home, you need to know how much you can spend. Getting your mortgage pre-approval is the very first step in the process! It will strengthen your position when you're ready to submit an offer and help you focus on amazing opportunities in your price range.
Consult with your bank and a mortgage specialist (we encourage you to get a second opinion!) They will look at your current financial situation and pre-approve you for a mortgage. If you don’t have someone to help you with this process, we’d be happy to introduce you to one of our partners. Be sure to get your pre-approval in writing. It will typically be valid for 90-120 days.
It’s imperative to be aware of the costs involved when buying a home because they can add up quickly (on top of your purchase price). An example would be loan closing costs which could be part of the purchase price or may have to be paid separately . But don’t worry! Our job and the mortgage person's job is to make sure you are informed and prepared!
One of the responsibilities of your Agent is to ask you all the right questions that will help you create your home wish list. There are a lot of factors to consider but start with the main ones first: Location, Lifestyle, Amenities, Parking, Bedrooms, Bathrooms, etc....
We can’t wait to invite you to join Collaborate (Collab for short!), the latest and best online property search tool that gives you direct access to the same MLS system used by Realtors. With Collab, you can now search in real time (no more delayed property info) on any device. It’s user-friendly and instant; it looks a lot like your favorite social media tools where you can like, comment, save and share listings. It also allows you to easily communicate with your Brandon Martens Team agent by making comments on a listing or requesting showings. This tool is exclusive, you must be invited by a Realtor.
This where the real FUN begins, finding your home! This can be very exciting and a time commitment! We know how busy life can get and that your time is valuable. So to help in this if there is a property that looks like a great fit we will go and preview the home for you. We’ll also help streamline which properties you see to ensure they meet your criteria and price range so you aren’t wasting your time. Communication and feedback about properties with your Brandon Martens Team Agent is key in finding the right home.
In today’s crazy real estate market, if you find a property you love, you’ll have to decide quickly if you want to put in an offer. Most properties are selling in multiple offers (bidding wars where there is more than one offer on the same property).
When you submit an offer (Purchase Contract), the main components for you to be aware of include:
Once your offer has been successfully negotiated and accepted by all parties, you now have a home under contract. Your purchase remains pending until Closing/Completion Date of the agreement. You will require a title company to facilitate the closing of your property (Don't worry your agent and mortgage specialist will take care of this). Keys will also be exchanged at this time and you may have an opportunity to meet the sellers.
CONGRATULATIONS YOU ARE NOW A HOME OWNER!! (The process may be complete but your Brandon Martens Team agent will be around long after closing to help you as you experience home ownership).