Lighthouse Buying Process

Step #1 (Educate)

CALL ME . I am ready and able to make a full-time commitment to your goal and I want your business, when working with me for your buying needs there is never a charge for my services. A distinguished Real estate professional is knowledgeable about the area that you wish to buy in and able to guide you through and help manage the entire deal cycle from proposal to finish.

Step #2 (Show me the money!)

This is the most important and most often overlooked step of the Buying Process. Figure out how much home you can afford before you do ANYTHING. Obtain a pre-approval letter from your lender: this will have a positive impact on your negotiating power and enable you to move swiftly when you find the right home. A Real Estate professional can assist you with getting in touch with a mortgage specialist that can meet you needs.

Step #3 (The Wish List)

Begin your home search process by eliminating what type of homes you do not want. Consider your location. Consider your future. How long do you want to live in the house? Will your family be growing? Will school district be important? Determine your priorities and differentiate between the your wants and needs. A Real Estate Professional can assist you by providing active listings and real time market information via email to help you narrow down your selection. Shopping online is a great way to educate yourself about the market and help you determine what your ideal home is.

Step #4 (Shop It Up)

There’s no substitution for it, go out and see some properties. Learn about and get a feel for different types of properties, train your senses to different environments and refine you likes and dislikes when walking through a property. A real estate professional can assist you in identifying properties that meet your criteria, arrange showings, track the properties you have seen. They have a trained eye have the ability to make snap judgments and critical evaluations about property characteristics.

Step #5 (Make them an offer they can't refuse)

Remember, asking price is not always indicative of what a property’s actually value. Develop a negotiation strategy, research the market activity, establish a value, and justify it. A Real Estate Professional can provide you will both a snap shot and long-term trends of market trends and assist in pin pointing a property’s actual retail value. They are also master negotiators and represent your best interests on the contractual side of the purchase.

Step #6 (Do your homework)

This is a major step in the buying process and there are many potential problems that can be discovered during this period. Hire a licensed Home Inspector and understand both the overall condition and potential problems of the property. Obtain a CL-100 (wood infestation) report to determine any underlying issues with termites, mold, or other wood destroying fungus. Get a handle on Insurance cost and shop various insurance quotes. Determine yearly property taxes. Hire a closing attorney. A distinguished Real Estate Professional has a team of home inspectors and contractors that can help evaluate the condition the property.