Knowledge and experience are the keys to a successful Real Estate transaction. Jacob Goodman has the knowledge and experience necessary to help make the home-buying process easier and more understandable.
You’ve already made the right choice in choosing Jacob as your Realtor®. The next step is to speak with a Lender and complete a loan application. This will allow the Lender to issue a Pre-approval letter, which MUST be submitted with all offers to purchase.
Most transactions require financing to assist in the purchase. A lender, although typically with a mortgage company or bank, can also come from private financing. The lender plays an extremely significant role in the transaction. You will typically be asked to complete an application, provide documentation and verify your income. You may also be asked to give permission for your credit score to be checked, and for your assets to be verified. There are numerous steps to take to secure financing, and your cooperation with the lender is a key ingredient to experiencing an on-time closing.
In general, buyers are entitled to conduct a series of inspections on the property that they are about to purchase. After your offer has been accepted, Jacob will assist you in hiring a professional home inspector to conduct an inspection of the property.
Some of the items typically investigated during an inspection are: appliances, plumbing, A/C, heating, electrical, structure, foundation, roof and attic. If any of the following are areas of concern, you can ask your inspector to address concerns regarding indoor air quality, expansive soil conditions, previous fire or flood, pests and mold. If you are obtaining a loan, your Lender may require specific inspections, such as an inspection to certify that the home is free of wood-destroying organisms (e.g., termites).
It is around this time that you can expect to be provided with a Property Disclosure Statement from the Seller, which contains all information material to the sale of the property. Jacob will ask you to read through it carefully and ask any questions your might have during your inspection period. This document also informs you about who provides utilities to the home so you can prepare establish these services prior to moving in.
In addition to formal inspections, Buyers should consider other methods of obtaining information about the property. For example, talk to the neighbors and drive around the neighborhood during different times of day. In touring the neighborhood, consider things such as proximity to freeways, airports and schools.
Ready to start looking for a home? I’ve included 2 documents below that we will discuss and sign during our first meeting. I look forward to helping you find your dream home!
|Buyers Agreement||Buyers Disclosure|