Finally Buying A Home Can Be One Of The Best Experiences In Your Life
The process of buying a house for most of us is the single largest financial transaction we will ever make. At certain times it may seem confusing and even overwhelming. Working with an experienced, knowledgeable and professional Realtor as well as an organized team of support professionals from the Listing Coordinator to the Closing Coordinator; all on your side, can help make the process of buying a house less stressful and even enjoyable.
Steps In The Buying Process
We Can Do The Work To Help You Buy It
Your Trusted Advisor - Your Realtor
Steps In The Buying Process
The steps in the buying process once you have located a home you want is first to put in a formal offer to purchase, then comes the Negotiation and finalizing the contract. Once the Contact is executed by both parties the process moves to our firms Transaction Coordinator who follows through until it is ready to be closed and hands the deal off to the Closing Coordinator. The Closing Coordinator works with the Title Insurance Company and ensures that the insurance is in place and schedules the closing time and place. |
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The Purchase and Sale Agreement
The Purchase and Sale Agreement is the legally binding contract between the buyer and seller outlining the contract terms between them. The contract includes such topics as: Good Faith Deposits, Financing terms, Inspection terms, Seller’s disclosure forms, additional addendums, Disclosures including lead paint, HOA, Condo, etc. and Closing Instructions.
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The Negotiation Process
A skilled negotiator can not only save you thousands of dollars on your purchase, but can make the process less stressful. Items involved in the negotiation phase include, but are not limited to:
- Market Value of the house
- Financing Terms
- Condition of the house and property
- Circumstances surrounding the sale
- Good Faith Deposits
- All cash transaction or loan approval at time of offer
- Once you make an offer on a house the seller may either accept it or counter it or reject it. It’s common that sellers accept portions of the agreement but counter offer other parts of the agreement. Once the contract is accepted by both parties the transaction process continues.
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The Transaction & Closing Coordinator
The Transaction and Closing Coordinator are integral components in the buying process and are responsible for the following:
- Constant contact with the Buyer and Seller
- Orders and accompanies Inspectors and Appraisers
- Follows through with Insurance and home warranties
- Works with Closing Agent and Title Agent to ensure smooth closing.
Title Insurance and the Closing
The Title Agent and Closing Agent are typically the same in the State of Florida and are responsible for the following duties:
- Orders the Title Report and Policy.
- Drafts the Deed, Bill of Sale and all other required documents.
- Arranges the pay off of the existing loan if needed.
- Drafts Mortgages and Notes if instructed.
- Prorates taxes and insurance on the closing statement
- Computes the Interest in loans
- Drafts the Closing or HUD Statement
- Records the required documents with the country records office
- Disburses the funds and closing documents to the parties involved.
For More Information Click On The Link To Fill In A Form Now And One Of Our Real Estate Professionals Will Contact You Or Simply Call Us At (561) 202-6226
We Can Do The Work To Help You Buy It
DOING YOUR OWN SEARCH TO FIND A HOME - WE CAN DO THE WORK TO HELP YOU BUY IT.
A lot of home buyers like to initially investigate buying a home on their own by driving neighborhoods, looking in the advertising section of the paper or dealing with friends or family. Nearly everyone these days searches the internet looking for homes and searching out neighborhoods they may want to live in. By working with us, you will have access to information on all homes currently listed for sale in our area. It is important that you understand that the first phase of purchasing a home is finding the home and making an offer. If this is all new to you, you should seek the advice of an attorney or a knowledgeable real estate agent before you put an offer in on a property. Real Estate laws are not static, they are constantly changing. We recommend that you should protect yourself by having an experienced agent in your corner who can handle the paperwork. Our agents can help you with the following:
- Negotiate a better price and terms for your purchase
- Draft the Purchase Contract to protect your interest.
- Help you with getting the best rates for your Home Owner’s Insurance and Mortgage.
- Make sure that you get a reputable Title Company and Closing Agent and that the property is delivered with clear title.
Give you the Peace of Mind that nothing was missed in your purchase |
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For More Information Click On The Link To Fill In A Form Now And One Of Our Real Estate Professionals Will Contact You Or Simply Call Us At (561) 202-6226
Your Trusted Advisor
YOUR TRUSTED ADVISOR – YOUR REALTOR
Many sellers believe that a real estate agents duties are to sell your property for the highest price and with the best terms possible. This is true; however, in order to get there your Realtor must have the required knowledge,
experience, and diligence to see it through. Now, under the Palm Beach Realty Advisors Property Selling System, your Realtor has specialist that include Listing Coordinators, Transaction and Closing Coordinators, affiliated Mortgage
Broker and others helping to see the closing process to
completion. Hiring a qualified Realtor is no different than
hiring a qualified attorney, accountant or financial advisor.
A qualified Realtor is a trusted real estate advisor. Your
advisor will be responsible for the following task and the
follow up with the office coordinators:
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Explains Basic Real Estate Principals
- The process of selling a home
- Discusses agency relationships
- Walks you through the purchase and sale agreement
Researches Your Home's Value
- Provides you with a Special Comparative Pricing Analysis (SCPA)
- Assists you in determining a price that will provide you with
the highest return in the shortest period of time.
Markets Your Property
- Assists you in preparing your home to be shown and to make
a good first impression.
- Markets your home to buyers, and other real estate agents
with buyers, who are looking for homes in your price range.
- Keeps you up to date on current market activity so you can
make informed decisions.
Negotiates The Purchase
- Assists you in working through the purchase and sale agreement
- Negotiates with the buyer and buyer's agent on your behalf
- Tracks contingencies and makes certain contract deadlines are met.
These tasks are also completed by the Transaction and Closing
Coordinators.
Helps Close the Transaction |
For More Information Click On The Link To Fill In A Form And One Of Our Real Estate Professionals Will Contact You Or Simply Call Us At (561) 202-6226
Are you facing Foreclosure? Click HERE to Save Your Home |
