Buyers Guide

BUYERS

LET’S GO THROUGH THIS TOGETHER....

As a buyer, one of the first things to do is know your budget. Whether you are cash buyer or getting a loan, know your limits.

If you are pursuing a loan, the first step is to get PREAPPROVED. If you don’t already have a lender, we have a list of wonderful lending agents and companies we will gladly refer you to. You can talk with them and figure out your loan type quickly with your lender. There are several types of loans and with a little information to the lender, you will know your best option for financing. The Sibold Group is notorious for communicating with buyers and their lenders, which helps your process go more smoothly, without last minute surprises.

THE THRILL OF THE SEARCH...

Once you know your price range, then we can begin narrowing down a list of possibilities. This can be an overwhelming part of the process, but we will be glad to help ease the burden. We will set you up on our MLS and depending on your wants and needs, we can fine tune your search by more than just the price. We can schedule showing of homes and go see them together. It’s very important to actually see the houses, as pictures can be deceiving one way or another. We always recommend using your time before hand to check out areas before scheduling a showing.

Now that you know your budget and have a list of homes of interest, let’s go see them. We can schedule showings and get you in the houses. More than likely, you’ll have a strong feeling one way or another. That’s good! Emotions are good indicators, though you never want to make a move on such an investment without really feeling comfortable.....

As we look through the houses, there are things that we as professional agents can assist you with. Though it is ultimately the buyers’ decision, we will make sure you have as much information about the house, good or bad. The condition of the house may be different than it appears, so it’s important to know what you’re getting into. Let us help.

When you DO find one you’re ready to make an offer on, let us take care of the steps to take along with the paperwork and forms to submit. We can take a closer look into what the market is saying about the price and help you come up with an offer price to begin the “communication” with the selling side. Major points in the Offer are price, contingencies, earnest money, closing date, inspection/due diligence periods, time limits, and details that specific loan types might require. We will keep you on track and communicate necessary steps.

Contingencies in offers might include: Financing, selling a home, inspections, appraisal, or survey. Sometimes a house might be listed “as is, seller will not do repairs”, you are still entitled to pay for a home inspection. Most lenders require inspections, but even as a cash buyer, you have the option. In most cases, repairs may be negotiated based on inspection report. Again, we are equipped to help you.

Offers may be accepted, countered or rejected. If it is countered back to us, then we have the options of accepting, countering back or rejecting. Nothing is BINDING until all parties have agreed and signed the contract. Once it is BINDING, the clock begins on time sensitive sections of the contract. Day one is the day after all have signed...

With continued conversations with your lender, we will stay on top of the process of your loan, and communicate with the selling side and the title company on your behalf. Once you are “clear to close”, (meaning everything has been checked off based on your finances, inspections have been satisfied, contingencies resolved and appraisal approved, homeowners/ hazard insurance policy in place) we will walk you through the final check list of things before signing at closing. From helping set up utilities to changing locks/codes, we will keep you on track of tasks.