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Northern Virginia Real Estate Buying Process !!

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 Four Main Reasons Why People Buy Homes

 

        Tax advantages

        Investment Potential

        Pride of Ownership

        Stability

 

Initial Step:  Choosing The Right Real Estate Agent

 

        Getting Started

        3 Steps to the Approval Process (pre-qualification, pre-approval, final approval)

        Meet personally with agent

        Initial Consultation

        Discussing needs and desires

 

Buyer Agency Agreement

 

        What is Buyer Brokerage all about?

        Why is it important to have your own agent?

        Who pays agent commissions?

        For-Sale-By-Owner properties

 

Shop On-Line

 

        Studies show approximately 80% of people shop on-line before meeting with an agent

        Addresses are listed on the site, drive-by as many as possible.

 

Seeing Properties

 

        If a home is in the MLS, we can show it.

        Agent will point out deficits when applicable (material defects)

        Agent will point out re-sale features, positives & negatives.

        Take as long as you like!  We will never apply pressure.

 

Writing an Offer

 

        Sitting down to discuss your offer.

        Review comparable sales in the neighborhood (past 6 mos.)

        Contingencies (Home inspection, radon inspection, sale-of-home, appraisals)

        Sellers Market (bidding wars, escalation addendums, waiving inspections)

        Earnest Money Deposit 2% Guideline

        Average wait time (multiple contracts)

        Ratification

        Remove all contingencies

        Paragraph 3 protects you!

        Walk-Through

        HOA Documents

 

Buyers Remorse A Normal Phenomena

 

Settlement We Are With You All The Way!!

 

            
      10 Step Guide      Home Buying Process        Why Mark Hastings?
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