Buying a home
Buying a Home – Who Does What?
You can count on your Real Estate Agent to:
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Preview available homes to weed out those that are overpriced or undesirable in some way. - Present homes to you that that suit your needs as you've defined them after weeding out any homes that mat be overpriced or otherwise aren't suitable
- Help you determine the difference between a "good buy" and a property which, because of its nature (neighborhood, market appeal, etc.), might have to be discounted if you decide to sell in the future.
- Negotiate the best deal for you. With a Pre-Qualification letter from Travis Newberry in hand, your Real Estate Agent will be able to demonstrate that you are a qualified and capable borrower. This will strongly influence the Seller, and may make the difference between the Seller accepting your offer or someone else's – even if your offer is lower!
You can count on your Loan Officer Travis to:
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Help you select the best loan to suit your personal situation and goals. (This single decision can save you thousands of dollars throughout the years!) - Keep you and your Real Estate Agent informed of the status of your loan throughout the process. Note: Travis always keeps your personal information confidential between you and him.
- Get the appropriate loan for you at the best rates and fees. This will save you significant money "up front" and throughout the years to come.
Count on yourself to:
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Let your Real Estate Agent know of any questions or concerns you have as they develop. - Provide documentation and make decisions in a timely manner. By doing so, many of the details are taken care of early in the process so that you can comfortably concentrate on any last-minute details or events that require your attention.
Enjoy purchasing your home, but please remain objective so that you can make the business decisions that are best for you.
Make sure that you are pre-approved for financing as early as possible. This will put the power of financing behind you so that you can concentrate on selecting your home.
Five Useful Tips for Buying a Home
Tip #1
Know much you can afford before you make an offer.
Let us pre-approve you for a mortgage so that you know in advance exactly how much you can afford.
Tip #2
The Real Estate Agent represents the seller ... (UNLESS the agent is working specifically as your representative as the buyer).
Tip #3
Get the best mortgage to suit your individual needs. Let us help you avoid spending thousands of dollars on unnecessary interest and taxes - which could happen with the wrong mortgage.
Tip #4
Get a home inspection from a professional. It's better to learn about any repair issues before you buy – rather than afterward.
Tip #5
Get professional help with reviewing your credit status and clearing up any issues in advance. We can help you with this. Many people do not know just how much their credit status can affect their ability to buy or refinance a home.
Home Buyer’s Checklist
The home buying process should be an exciting time in your life. Who wants to worry with details and deadlines? This handy checklist is here to help make sure the process for you is smooth and stress-free.
Property inspections
__ Home
__ Termite (could be required by the appraiser)
__ Well / Septic
Paperwork
__ Loan Conditions or other paperwork – refer to the loan application checklist or loan
approval paperwork
__ Fire/Hazard/Homeowner's Insurance – call insurance company
__ Have you locked in your interest rate?
__ Insurance
__ Inspection reports
Has the settlement been scheduled with the following people?
__ Realtor / Real Estate Agent?
__ Borrower
__ Loan Officer
Are the loan conditions met?
__ They must be met no less than (5) days before Closing.
Have you set up your utilities?
__ Phone
__ Electricity
__ Natural Gas
__ Cable / Satellite
__ Waste Pickup
Bring these to the closing meeting!
__ Your Driver's License
__ A cashier's or certified check made payable to you – refer to the last Good Faith Estimate for the amount
