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:
7 Tips to “Hacking” the Buying Process Tip One Educate yourself on the mortgage application process A stitch in time saves nine. Or maybe you prefer Abraham Lincoln’s, If I had eight hours to chop down a tree, I’d spend six hours sharpening my ax. Point being, don’t wait until you’re ready […]
Purchasing a new construction home is much different than an existing home. The home will come with a warranty, so you may think it’s not necessary to use a real estate agent for the transaction. However, not hiring a good real estate agent could be a mistake. You may hear that not hiring a real […]
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 […]
When you’ve gone through a foreclosure or a short sale, it may seem impossible to buy another home. However, it doesn’t have to be impossible, if you have the right strategy. Those that have lost a home to a foreclosure or have gone through a short sale, and now they are looking to buy a […]