Step 1 - Sign Representation Agreement
The Buyer Representation Agreement authorizes us to represent your best interest and negotiate the best terms and best price possible on your behalf. We will work hard to make your experience with us positive, simple, and easy.
Step 2 - get pre-approved for financing
Getting a mortgage pre-approval is the first step in the buying process. Call us at 817-714-2633 and we’ll be happy to connect you with local reputable lenders.
Out of pocket expenses:
- Earnest Money Deposit - usually 1% of Sales Price; goes toward closing costs; deposited with Title company
- Option Fee - buying the right to cancel the contract during the Option Period
- Home Inspections - such as a general inspection (cost may depend on home size), foundation, other
- Appraisal - check with your lender for an accurate amount
Step 3 - Tour Homes
We will search for available homes and schedule showings on homes that best meet your criteria based on location, home features, and price point.
Step 4 - Make an Offer
We will do all the paperwork to write a formal contract offer and negotiate on your behalf to get you the best price and terms possible.
Step 5 - Strike a Deal
Once your offer is negotiated, accepted and executed by all parties, we will be Under Contract and enter the Option Period if it was part of the terms negotiated. During the Option Period, you have the option to cancel the contract for any reason. Be aware that if you cancel the contract, you will lose the Option Fee and Inspection money paid, but will get the Earnest Money Deposit back.
Step 6 - Schedule Inspections
During the option period you have the opportunity to have the home inspected. The inspection cost is out of pocket.
Step 7 - Wait for Lender's Approval
Once the house has been inspected and any repairs negotiated, we will enter a Pending period during which your lender will process the loan and provide final approval. The lender will order an Appraisal to evaluate the sales price.
Step 8 - Closing Day!
This is the day you will sign all the home sale documents at the title company. Once your lender has funded your mortgage loan, you will receive the keys to your new home.