Pre-qualification
The first and most important step of the home buying process is connecting with a lender to determine your price point and what you qualify for. I can happily introduce you to my recommended lenders to get pre-qualified.
The Home Buying Process
Buyer Consultation
Custom Search
Once you are ready to get the process started, I will conduct a buyer consultation to discuss your needs and wants as well as provide an overview of the buying process. These consultations usually take place at my office, at a coffee shop or over Zoom….whichever works best for you! I am hyper focused on my clients needs and wants and prioritize our relationship.
Once we have spoken to great detail about your needs and wants, I will set up a custom search based on your desired criteria. I will also be utilizing my extensive agent network to discover potential off-market or coming soon opportunities that may be a good fit.
House Tours
Now comes the fun part...house tours! We usually start with an exploratory day to get familiar which the areas you may be interested in and the types of homes you can expect to seer in those areas in your price point. The most important key to finding your next home quickly is your feedback. The average buyer looks at five homes before finding the right one, so this feedback helps to narrow down the market.
Submit an Offer
Once you have found a home that meets your criteria and you could envision yourself living in, we will prepare an offer. We use a standard form that is approved by the Real Estate Commission, however, there are ways in which we can manipulate the contract to display our preferred terms. This offer is then submitted to the listing agent and seller.
The document that creates a valid enforceable contract between a buyer and seller in Georgia is called a Purchase and Sale Agreement. This contract has been created and pre-approved by attorneys and the Georgia Association of REALTORS® (GAR) and includes but is not limited to terms related to the legal description of the property, purchase price, buyer’s intended loan terms, buyer’s earnest money (1.5%- 5%), closing date and possession, inspection and agency.
Binding Agreement
A binding contract is created when one party presents a signed written offer to purchase or sell property to a second party and that party accepts the same offer in writing and delivers written acceptance back to the offering party before the time limit in the offer expires. In the GAR (Georgia Association of REALTORS®) Purchase and Sale Agreement, the date the parties reach mutual agreement is referred to as the acceptance date and the date the written notice of acceptance is received by the offering party is referred to as the binding agreement date. It is the responsibility of the party receiving the written notice of acceptance to notify the other party of the binding agreement date. Once the binding agreement date is established, all time restricted obligations begin the following day.