It's always best to be prepared when you begin the house-hunting process. Even if you have purchased before, things do change and the procedure can vary from one region to another. It certainly doesn't hurt to have an overview of the process. That’s why we’re providing a handy online reference guide for you, What You Should Know Before You Buy A Home. Remember that this informative guide is not meant to take our place as your REALTORS® . If you have a question about anything, call or e-mail us. We'll get right back to you.
Your home is probably your family's biggest purchase. It involves many decisions that go beyond simply choosing the property you like best. As top Lynchburg area REALTORS®, we've guided hundreds of buyers through the process. That kind of experience will benefit you when we work together.
We'll view homes and discuss financing. We'll make sure that the final contract is in your best interest. We'll be there every step of the way whenever you need guidance or have a question. We intend to live up to our reputation
of being the very best at what we do.
Here is how we will guide you through the entire process:
- You will have full access to ALL homes available in the Lynchburg area market through our professional Virginia real estate contacts and affiliations.
- Our expert local knowledge of the Lynchburg area will be invaluable to you--not just in terms of real estate, but also schools, neighborhoods, the local economy, and more.
- Every local real estate market has its own trends and opportunities. These can vary greatly, even from one neighborhood to the next. The Lynchburg area is no different. It's our job to assist you in finding great opportunities and to provide and interpret re-sale statistics, insuring that you are making a good investment. In other words, we will guide you into opportunities and out of traps.
- What is the true market value of the home you are interested in? Is it priced too high? Is it a bargain that you should jump on? We help home buyers make decisions like this every day, and we'll help YOU get the best value for your money.
- Negotiating with sellers can be stressful. We will help you negotiate so that the final contract includes the best possible terms and conditions for YOU.
- You should know absolutely everything about the property you are buying. You and a member of our team will view every home that you are interested in. We'll find answers to each of your questions. When you've found the perfect home, we'll write an offer with favorable inspection contingencies built right in.
- Have confidence when signing documents. Contracts are full of complicated terms and clauses that can greatly affect your life in your new home. We will give you the full benefit of our real estate knowledge and experience.
Let us represent your best interests in your search for a new home in the Lynchburg area. While you can see a million homes on the web, actually buying your home is another matter entirely. We want to take some of the stress out of the buying process. You can trust us to
help you every step of the way.
-
BUYER COUNSELLING SESSION: We will
meet with you to discuss your needs and goals and to plan a strategy for
finding your new property. From this point on, we will communicate with you
every step of the way--responsibly, honestly, and regularly.
-
BUYER AGENCY ALTERNATIVES: We will
discuss agency alternatives for both you and the seller and explain the special
services that a Buyer Representation Agreement offers.
-
FINANCING: We will arrange a
pre-qualification or pre-approval letter from a lender to identify your range
of affordability and to increase your negotiating strength.
-
COLDWELL BANKER TEAM SEARCH: We will
alert the team to what you are looking for. They will inform us of any listings
they have that might work for you. We will also enter your requirements into
our computer and search the entire MLS daily for newly listed properties for
you. Our goal is to present you, when possible, with properties as they debut
or before they appear on the open market--no matter what office lists the
property.
-
PROPERTY SHOWINGS: We will show you
all properties that meet your criteria. We will schedule the showings at your
convenience.
-
PROPERTY EVALUATION: We will help you
to evaluate features of a property that may affect its current value and/or its
future resale.
-
PROPERTY DISCLOSURE: We will review
all inspection reports and other documents pertaining to the condition of the
property. We will disclose all physical defects of the property that are known
to us.
-
REVIEW OF WRITTEN SELLER DISCLOSURE:
We will review the seller's written disclosure/disclaimer statements with
you and consult on any issues of concern.
-
NEGOTIATION STRATEGY: We will
negotiate the best price and terms for you. We will prepare a negotiation
strategy for the property you have selected, including a written Competitive
Market Analysis on the subject property. We are also available to advise you on
your offering price and the terms of your offer.
-
OFFER PREPARATION: We will prepare a
written offer on the property you choose to purchase with terms approved by
you. We will present your offer professionally and, with your review and
counsel, represent your best interests in all negotiations with the
Seller.
-
APPRAISAL CONTINGENCY: We will
explain the option of an appraisal contingency in your offer.
-
HOME WARRANTY: We will explain the
option of a home warranty plan when purchasing a property.
-
INSPECTIONS: We will recommend that
you obtain professional building inspections and will provide you with a list
of such resources.
-
INSPECTION REMEDIES: We will work
with you to request that the Seller remedy items you specify after a home
inspection on the subject property. We will also help you to interpret the
termite/well/septic inspection results.
-
FUNDS REQUIREDWe will provide a
preliminary estimate of closing costs and down payment requirements anticipated
in your transaction.
-
WALK-THROUGH: We will accompany you
on a thorough walk-through of the property prior to closing and will assist you
in dealing with any problems discovered.
-
CLOSING THE SALE: We will communicate
with you every step of the way. We will monitor and inform you of the progress
of the Purchase Contract as it moves toward closing. We will be certain that
all contingencies and conditions of the transaction are satisfied prior to
closing and that all details are synchronized to insure a hassle-free, timely
closing.
-
INTERIM HOUSING: We will utilize
Coldwell Banker Forehand's Rental Department to assist you in arranging interim
housing, if necessary.
-
AFTER-SALE SERVICE: We will contact
you after the closing to follow-up on any remaining details or service
needs.