Your buying strategy

I found the perfect home, now what?
Once you have found the home that you want to make an offer on, timing is important. Our team uses the best technology to get your purchase agreement together quickly, utilizing digital signatures that you can sign from your phone or computer. We are accessible even after traditional business hours. We will take the time to run a detailed analysis to determine what the true market value is for the home you are interested in to ensure you are offering a fair price. We will use this data to put together an action plan for your offer price and terms.
In this market homes can go fast and it is not uncommon to see multiple offers. We know how to help your offer stand out. There is a lot that goes into the offer process and having an experienced Realtor on your side can help you get your dream home.

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What is an earnest deposit?
If you're ready to make an offer on a particular home and also want to prove to the home seller that you're serious about your offer, there's a way to prove your commitment. This is where earnest money comes into the picture. When a buyer and seller enter into a contract, the seller takes the home off the market while the transaction moves through the entire process to closing.
Earnest deposits are typically 1% of the purchase price however if your finances are tight you can offer a lower amount. The higher the deposit, the more serious you will look to the seller. As a buyer your deposit would be due within 48 hours of going under contract. This deposit is typically paid to the title company and is credited back to you at closing. If the deal falls through due to a failed home inspection or any other contingencies listed in the contract the buyer typically gets their earnest money back.

Should I get a home inspection?
Once your offer is accepted, most purchase agreements will give you a 10 day inspection period. This gives you time to do all of your due diligence. This includes hiring a home inspector and a termite inspector. Even though your excitement is at its highest, you can't bypass one of the most important aspects of the home buying process, the home inspection.
The typical cost of an inspection can range between $400-$700 depending on the square footage and features of the home, pool, etc.

How quickly can I get the keys?
Typical escrow periods are 30 to 45 days, This gives you enough time to do the investigation on the property and get your loan and appraisal completed.

What is an appraisal?
The findings from an appraisal determine the amount a mortgage lender will let you borrow for the property. Appraisals must be conducted by a licensed, third-party appraiser who has no connection to the buyer, seller or lender. That way, all parties can be sure the determined market value is fair, unbiased and free of any influence from any party that could benefit.
The lender usually orders the appraisal, but the borrower is the one who pays for it.
How much do I have to pay a Realtor to help me buy a house?
Home buyers pay little or no fees to their Realtor when buying a home. For most home sales, there are two real estate agents involved, one that represents the seller and another who represents the buyer. In Arizona, for most transactions the home sellers take care of the Realtor fees.

Purchasing a property is most likely the biggest financial decision you will ever make. Whether this is your first purchase or you are an experienced buyer, this decision must be made carefully

Why Do You Want To Buy?
Are you tired of paying rent? Have you decided to pay your own mortgage and not your landlord's? Have you outgrown your current home? Are you looking for an investment portfolio? Are you looking for a rental property? Would you like a larger yard? Would you rather live in a different area? Do you want to shorten your commute? Having a clear sense of your reasons for buying will help you choose the right property.
Has Your Income Grown?
Property ownership is an excellent investment; whether you are looking for your dream home, a rental property, or to expand your investment portfolio. Owning real estate is one of the least risky ways to build equity or to obtain a greater return on your initial investment.

Click Here For Reading a Blog about Tips for Buying  a vacation Home in Orange Count