Once buyer and seller come to terms on the standard issues of a contract (price, closing date, concessions, warranties, etc.) it’s time to clear any outstanding contingencies and move into escrow (In other words, wait on the lender to finish underwriting your loan)… Home Inspection: Must typically be completed within 10 calendar days of offer acceptance. If […]
For Home Buyers
Buying a home in the Jacksonville, Florida area is a big decision. Whether you are a first-time home buyer, or building your investment portfolio, we are here to help you. So, first home or hundredth, we'll make sure you find the property that is perfect for you!
Throughout the journey of finding your next home, we will help you make informed choices like choosing Single Agency vs Transaction Brokerage.
To keep up with the latest and greatest regarding real estate in the 904, be sure to check out the blog..
Here is a step-by-step overview of the home buying process
1. Contact 904Living
Call us at (904) 434-5154 or email Jeff@ERA.com to schedule a phone conversation or personal meeting to discuss your needs. What’s on your wish list for your dream home? We'll discuss all the vital information - location, size, price and other details that will ensure a perfect match with a home that is right for you.
2. Get Preapproved for a Loan
A lender will look at your income, assets, credit history, debt, and expected down payment to determine your price range. If you haven't spoken with a lender yet, we can connect you to one of our preferred lenders. They can preapprove you in just a few minutes over the phone. With this information, we can stay on budget during our home search.
2. Shopping Around
Next, we will narrow down your search criteria based on your preferences. we will search through all of the available existing homes and narrow down the selection. Our Home Search Map allows you to customize searches, save your favorites, and receive updates. We can email or call you with available listings or you can search the entire database of available homes at your convenience.
3. Let's Make a Deal
When we find a home that meets your needs, we will research comparable properties in the area to provide you with suggestions for an offer price, settlement and occupancy dates, and other contingencies with the goal of getting you the best price and closing costs. The seller then has the option to either accept, reject, or make a counteroffer. After it is agreed upon by all parties, the contract will be signed and legally ratified. We will keep you updated throughout the closing process.
4. Closing and Move in!
Before final settlement, we will do a final walkthrough of the house to check in on the condition of the property. Unless the contract is “As-Is”, everything should working order and all inspection repairs should already be completed. When we meet for closing it is time to do a lot of document signing and pick up the keys to your new home. The only thing left is to move in and plan your housewarming party!
Helpful articles for home buyers:
Smart home technology is all the rage these days. There are typically two ends of the spectrum when it comes to these “toys.” Those who try to automate every area of their life, and those who are still trying to figure out their smartphone. Somewhere in the middle lies a healthy balance. I consider most […]
Most real estate negotiations begin with an offer from a buyer who has limited knowledge of the condition of the house. When buying a home, you will have an inspection done – usually after you’ve agreed to price & terms with the owner. This is a problem!
Whether you’re buying, selling, or a real estate agent trapped in the middle of an appraisal debacle – this article is intended to help you navigate the process of getting a lift in value for your low appraisal! One of the more frustrating events that can happen in a real estate deal or home refinance […]
THE BASICS What is a Short Sale? When a seller owes more on a home than it is worth (i.e. what a buyer is willing to pay), and tries to sell the home by asking their lender to take less than they are owed. This is a short sale. The word “short” in “short sale” […]