As your REALTOR®, the Dwell360 team can manage every aspect of your quest to find the perfect home from the beginning of your search to the closing. A buyer will be faced with a maze of forms, financing decisions, inspections, marketing, pricing, and negotiating. It only makes sense to work with a professional who knows well the Massachusetts communities and the process of acquiring a home.
The first time we talk, we will review your overall objectives in searching for a new home. We will spend time explaining how the buying process unfolds and reviewing each step of the process. This will be a great time for you to go over any questions that you have for us.
A "Pre-approval" means that you have met with a loan officer, your credit files have been reviewed, and the loan officer believes you can readily qualify for a given loan amount with one or more specific mortgage programs. Based on this information, the lender will provide a pre-approval letter which shows your borrowing power. You can visit as many lenders as you like and get several pre-approvals, but keep in mind that each one carries with it a new credit check which will show up on future credit reports.
3. Establish Your Search Criteria
A home is more than just a collection of bedrooms and bathrooms. Several properties, each with four bedrooms, three baths, and the same price, may well represent radically different designs, commuting distances, lot sizes, tax costs, interior dimensions, and exterior finishes. Together, we will consider your priorities and establish the criteria that work for you. How do you stay updated? Once we establish the criteria for your search, an online account will be set up to keep you informed on your current properties. Each day, you will be emailed with updates on properties fitting your criteria. You will have the ability to look at pictures, property details, and other important information.
4. Look at Homes
5. Choose a Home
As a buyer, here's what actually happens. A home has been placed on the market for which the seller has established an asking price as well as other terms. In effect, this is an offer. At this point, you have three choices: accept the seller's offer and create a contract; reject it and not make an offer; or suggest different terms and make a counter-offer. If you choose this last option, the seller may accept, reject, or make a counter-offer. No aspect of the home buying process is more complex or personal than bargaining between buyers and sellers. This is the point where the value of an experienced REALTOR® is clearly evident because he or she knows the community, has seen numerous homes for sale, knows local values, and has spent time negotiating real estate transactions.
6. Make an Offer