The Home Buying Process
Buying A Property Typically Includes Many of The Following Elements
Home Buyer Consultation
Step 1:
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We discuss your wants, needs, budget, and preferences in order to find the right property.
Establish Agency Relationship
Step 2:
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We are here to help you through the Buying process from start to finish. We are committed to being a solid resource to ensure you the best possible outcome.
Preliminary Loan Approval
Step 3:
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A conditional approval given by a lender based on the initial evaluation of (YOU) a borrower's creditworthiness and financial information. This gives us your BUDGET for your new house.
View Homes & Neighborhoods
Step 4:
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Touring properties and exploring areas with our guidance to find a suitable home that meets your preferences and budget.
Home Selection & Preparation of Offer
Step 5:
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We finalize the home you want and make a written proposal to the Sellers outlining the terms and conditions of the purchase agreement.
Contract Acceptance &
Open Title/Escrow
Step 6:
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The Sellers having agreed to the terms of our offer. We are now initiating the process of transferring ownership.
Contingency Period &
Home Inspection
Step 7:
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During this timeframe we are conducting inspections and evaluations of the property to identify any possible issues or defects.
Negotiate Buyers Inspection
Step 8:
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We negotiate any repairs or adjustments from our Contingency Period if necessary. We are fierce negotiators, and are here to ensure you are getting into the best situation possible.
Home Appraisal
Step 9:
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The lender will be assessing the value of the property based on various factors, such as its location, condition, size, and comparable sales, to determine a fair market value for mortgage lending or other purposes.
Final Loan Approval
Step 10:
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This is the lender's confirmation that (YOU) the borrower has met all the conditions and requirements for a mortgage loan, and the funds are ready to be disbursed to complete the purchase transaction.
Recording of Documents &
Official Closing
Step 11:
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This involves the final steps of transferring ownership of a property, including the recording of legal documents with the County, City, and State governments and the disbursement of funds to pay for closing costs and transfer fees.
MOVING DAY!
Step 12:
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Congratulations!
We made it - and YOU officially own your new home. You have your keys, and you now officially MOVE IN.
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We are so excited to have helped you through this process and we celebrate this with you.
Complimentary
HOME INSPECTION
Voucher
Be Confident In Your Home Purchase
1
A Results-Driven Approach
A home inspection can help identify any potential issues with a property (if any) that may not be visible to the naked eye. These could include structural problems, electrical or plumbing issues, or water damage. By identifying these issues early on, Buyers can avoid unexpected repair costs and negotiate for repairs/modifications or concessions.
2
An Informed-Driven Approach
I believe that a home inspection is a crucial step in the home buying process. A thorough home inspection can help you make an informed decision when proceeding forward on your new home. It is an investment that I believe in so strongly; as a standard service to my clients, we provide you with a complimentary home inspection.
Terms and Conditions may apply. Not intended to solicit properties already listed for sale.
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How To Use Home Inspection Voucher
Home Inspection Voucher Terms & Conditions
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The Home Inspection Voucher is only valid with a signed Exclusive Sale & Listing Agreement or a signed Buyer's Exclusive Agency Agreement
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Voucher must be presented to Thomas B. Cordell Real Estate Team at time exclusive Agency is created; for either sale or purchase, or both.
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Client will be reimbursed the inspection fee amount at the time of closing.
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Home Inspection Voucher is valued at $500.00 - voucher has no cash value.
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Home Inspection Voucher can be valued up to $500.00 - anything above that dollar amount is the responsibility of the client.