Whether you are a first time home buyer or a home owner looking for a new home, we can help you! As one of the leading real estate brokerages in Acadiana, we consider our team experts. At Reology, we understand that the buying process may seem intimidating or stressful to many, but that’s why we are here to help you. When you choose Reology to assist you, your agent has access to the industries leading tools and resources to help you find your dream property. Our goal is to make the buying process for you not only easier, but more efficient.
In our years of experience, a home is not merely a dream home because of its size, color, or even location. It’s truly about how it makes you feel the second that you walk through the front door and the way you can instantly see your life unfold. It’s simply more than just real estate, it’s about your life, the life of your family and the dreams that you are wanting to accomplish there.
You and your agent will arrange to visit the homes you’ve selected, then each of you will determine the best fit for you and your family.
Your agent will have the most up-to-date standard purchase offer forms that comply with state and local laws.
It’s possible for you to find yourself competing against other buyers during a competitive housing market. In that case, your agent is your best ally in strategizing for your offer to be accepted. Because your agent has access to current mark data, your agent will know how to best position your offer.
Sellers can accept your offer as is, or they can make a counteroffer with an adjustment to some or even all of your terms. Once you receive their counteroffer, you too, can either accept or reject the counteroffer and make your own counteroffer. The contract is only final once you and the seller have agreed to all of the terms.
Even though your agent will be able to guide you through the negotiating process, it’s still important for you to decide on how much you want a particular property and what you’re willing to accept to get it.
You may want to let go when:
Your agent will be able to help you watch out for:
Now that the offer you made has been accepted, it’s time for you to schedule your home inspection. If you happen to be buying a home during the busy season, it may take time to find an inspector that is available. If you happen to not know of a home inspector, your agent will be able to recommend a trusted inspector for you.
Your home inspector checks everything within the home ranging from all of its systems, appliances and structures to evaluate its condition. You will receive a written report that will identify potential problems and even future maintenance issues. It’s up to you to decide whether the report means you want to walk away from a home or ask the sellers to make repairs before you buy.
The inspector will check:
While you and your agent can decide whether to negotiate on anything in the inspection report, you should ask the inspector questions such as:
Although it’s completely up to you, we highly recommend that you purchase a home warranty. This will allow you, the buyer, to be protected from any “out-of-pocket” cost that may come up from home appliances or systems that may break within a specific time frame of purchasing the home. Your agent is able to give you advice on whether you should pay for a home warranty yourself or negotiate with the sellers to purchase it for you.
A home warranty policy, which typically lasts for one year and is renewable, provides coverage for some of your home’s systems and appliances. In return for the annual fee, the company will cover repair costs and arrange for contractors. You’ll pay a deductible fee and possibly service fees if you need to use the warranty.
If you’re buying an existing home, especially one with older appliances, a home warranty can give you peace of mind about paying for unexpected repairs. If you’re a first-time buyer, especially if you have limited savings, this can be important for you. If you have plenty of emergency savings, you’re handy or know good contractors, you may not need a warranty. Your real estate agent can also be a good source for you if you need recommendations for contractors. If you’re buying a newly built home, you may not need a home warranty.
You and your agent should review the following to see which home warranty is best for you:
As the closing comes to an end, you should:
A lot of paperwork! The closing may take a few hours.
Here is a list of what you should bring to the closing:
You’ll be signing numerous documents, including a repeat of the documents you signed when you applied for your loan. The most important documents you’ll sign are:
After your closing: