Surely you have witnessed a DIY debauchery on TV or maybe firsthand…it always makes you wonder why didn’t they hire a PROFESSIONAL?!? Real estate transactions can be just as messy without the help of a competent professional agent. By retaining your Neighbour Realty Broker at the BEGINNING of your property search, you are able to take advantage of their invaluable knowledge of the industry and local community. From advice on the home inspection process and repairs/upgrades to marketing strategies and negotiating a contract, your Neighbour Realty Broker will be committed to helping you during the entire real estate transaction; as well as, assist with any future requests you may have.
Find out how much you are approved to borrow and begin to calculate what would be a comfortable monthly payment for the property you want. Your pre-approved status lets the Seller know you are a serious Buyer- giving you an edge over other potential Buyers. Begin to compare lenders and various loan packages suited to your specific needs. The lender, along with your Neighbour Realty agent, will help you make knowledgeable decisions regarding your investment by pointing out potential closing costs and other variables that would affect your bottom line.
Narrow search by considering key features and your preferences:
Utilizing your specific search parameters, your Neighbour Realty Broker will create this convenient, hassle-free service that generates notifications directly to your personal email. When new listings arise or existing ones change in Wilmington’s MLS aligned with your search, you will receive an automatic message with the houses available.
Take notes—drive around the communities you are considering several times to get a true picture of the area. Record your likes and dislikes and use this to help narrow your search once you want to begin touring houses. With so many choices, the home search can be daunting and the need to evaluate in smaller doses will make the task more manageable.
Your Realtor® is your best ally during this process. Once your Broker has determined what is a fair market value and what you are willing to pay for the property, the offer will be structured to reach your goals. Sometimes this may require asking below market price or above asking price– each offer is unique to the situation of the Buyer, the Seller and the current market.
Once house in UNDER CONTRACT with earnest money in place, the ensuing period of time is called DUE DILIGENCE. This is your opportunity as a Buyer to inspect every aspect of the home, neighborhood, property, and your loan. The length of this period is negotiable but should be a reasonable amount of time to evaluate all the minutiae of your transaction.
Your Neighbour Realty Broker will help guide you through this complex process so that all the necessary documents are signed and monies are transferred through the attorneys. We have helpful organizational task lists, preferred vendors and several other resources to assist in coordinating the last minute details for your closing to make this transition as smooth as possible.