Meet, Discuss, Pre-Qualify
First, we meet to discuss your needs and wishes and you meet with your lender to be pre-approved for a mortgage. Being pre-approved a) tells you how much you can afford to spend, and b) gives you an advantage when competing with multiple offers.
Based on our discussion a prospect match profile is set up; new prospects (listings) are delivered to your inbox in real time.
You select properties you’d like to see, and we arrange viewings at a time that is convenient for you.
Your Future Property’s Market Value:
Once you’ve selected a property, we prepare a comparable market analysis to determine true market value by diligently analyzing comparable sales data and provide you with recommendations on optimal offer price.
Create Offer Terms:
We consult with you to determine offer terms that balance your needs, desires and budget. We then prepare the Offer and present it to the Seller’s Agent via email or to both the Seller and their Agent in person.
The Seller may accept or counter the Offer. The counter-offer may be in reference to the price, closing date, or any number of other variables. Counter-offers can volley between you and the Seller until both parties have agreed to terms or either side ends the negotiations.
You provide a Deposit (amount depends on purchase price but typically 3-5%) which is delivered to the Listing Agent’s Brokerage within 24 hours of acceptance of the Offer.
Conditions included in the Offer are either fulfilled (met) or waived (voluntarily removed). If the conditions aren’t met or removed, the deposit is returned within 24-48 hours. If they are, the Offer becomes an Agreement of Purchase and Sale.
We include a provision in our offers that entitles you to up to two revisits to the property before closing, to do things like take measurements or bring in contractors for estimates on renovations, and to be sure the home’s condition and inclusions are intact.
Signing for Your Property:
Your lawyer and lender will contact you to meet for discussion and signatures approximately 3-10 days before closing.
The day Title of the property is legally transferred from the Seller to you. Title is a legal term associated with the person who has legal ownership of the property. You arrange to pick up the keys, per your lawyer’s instructions, and the property is officially yours.