Buying a HOME Step by Step

Congratulations! You have decided to purchase a home, or are thinking about buying one. You'll be joining the ranks of hundreds of families who realize that home ownership offers a number of benefits including building equity, saving for the future, and creating an environment for your family. When you own your own home, your hard-earned dollars contribute to your mortgage. The equity you earn is yours. Over time, your home will increase in value.
In the following reports, you'll find the information you need to make a wise buying decision. We'll take you through the planning process step-by-step , to help you determine which home is right for you. You'll find a host of informative articles on mortgages, viewing homes, the offer, closing details and moving.

Please contact me if you have any questions about buying a home in Scottsdale or elsewhere in Arizona.

THE BUYING PROCESS

RULE #1   Don't Let the Buying Process Scare You

RULE #2   Get Representation. You need someone on your side.

RULE #3   Educate Yourself. Ask lots of questions.

Follow these steps with the help of your licensed real estate professional:

    •     Have a counseling session with your agent to map out a game plan

    •     Discuss communication and the follow up systems you will be using

    •     See a LENDER to get your financing in place

    •     Review all the documentation required for the transaction

    •     Find a property

    •     Negotiate the transaction, including all contingencies and conditions

    •     Use the inspection period to investigate ANY issues of concern - Do HOME INSPECTION

    •     Get an INSURANCE Quote from your insurance agent

    •     Negotiate Repairs

    •     Investigate disclosure issues (SPDS, termite, lead based paint, pool rules, flood zone, superfund etc.)

    •     Get HOA information / CC&R's and COMMITMENT for TITLE from your Title company

    •     Get an APPRAISAL and GOOD FAITH ESTIMATE from your Lender

    •     Meet with your Escrow Company to arrange the closing

    •     Line up the funds for the closing

    •     Arrange your electricity, phone, water, mail service and insurance, purchase Home Warranty if desired

    •     Close, record and move in

The importance of communication is critical - this is a group effort.
You and your agent must work together to co-ordinate ALL the details.
Remember, we are in this together!

Below, select desired reports and complete the form provided.

		BUYER ADVISORY This advisory is designed to make the purchase of real property as smooth as possible. Some of the more common issues that a buyer may decide to investigate or verify concerning a property purchase are summarized in this Advisory. Provided by the Arizona Association of REALTORS®
		Buying Your First Home Many renters are starting to think about purchasing a home of their own. This article highlights several factors that should be considered when purchasing a home.
		The Right Home at the Right Price This article helps you become a savvy buyer, by pointing out some of the pitfalls inherent in the home-buying process.
		Avoid Common Buyer Errors Some buyers, however, caught up in the excitement of buying a new home tend to overlook some items. When you have a systematic plan before you shop, you’ll be sure to avoid these costly errors. Here are some tips on making the most of your home purchase.
		But Do You Need It Buying a home can be an emotional, time-consuming, and complex process. There are a few things that you can do to help make the process go as smooth as possible.