If you are thinking about buying a property our website is the perfect online resource to search for homes as soon as they hit the market, come off the market or go back on the market. Our website’s property search is powered by the MLS database agents use to list homes and is updated in real time! Our Advanced Search is a great place to start your journey!
Once you’ve made the decision to buy getting pre-approved and working with your Reis Real Estate Realtor to set up home tours is your next stop. Having a current pre-approval is of the upmost importance to ensure you’re researching and looking at homes that you understand both the long term and monthly financial obligations. When you are ready to submit an offer your Reis Real Estate Realtor will help you determine the terms you should include, present and negotiate the offer. After an offer is accepted is when your home inspection would occur, your Reis Real Estate Realtor will aide you in hiring the right inspector, scheduling and will be by your side throughout the entire inspection. After reviewing your inspection report, and any other important factors of your home during this inspection period your Reis Real Estate Realtor will appropriately negotiate any and all of your concerns. Next up is the Purchase and Sale Agreement that you will review with both your Realtor and Attorney, then comes the lender’s loan work, including the appraisal, home insurance, and title work to work towards a commitment letter before your mortgage commitment contingency date. Following the mortgage commitment date you will be given a list of important tasks to complete such as utility transfers before your final walk thru and the big closing date!
Benefits Of Homeownership:
Owning a home is the American dream. A home not only provides financial benefits but it also provides shelter and security.
Dollar for dollar the rate of return on an individual’s cash down payment on a house is substantial. Given the leverage in purchasing a home, the average return on a 5% down payment over 10 years is usually 2 to 5 times greater than stock market returns!
Owning a home is an investment for your future. Home Values could fall in some years, though on average over the past 40 years, the median price of existing home shares increased about 5% every year nationally.
One of the first steps on your road to buying should be a pre-approval, getting pre-approved with a reputable lender is of the upmost importance, this helps your Realtor when searching for suitable homes and when preparing your offer’s terms.
Reis Real Estate Realtors can help you with your purchase by: