Buying With CENTURY 21 Citywide
Before you dedicate hours to researching houses online and in person, create a prioritized list of what you want in your new home. You’ll quickly discover that finding the right house involves striking a balance between your “must-haves” and your “nice-to-haves,” while taking into account your lifestyle, current and anticipated housing needs, and budget.
Think about your new home’s location just as carefully as its size and features. Be sure to communicate your preferences to us, because the more your Citywide agent knows about what is important to you, the easier it will be to find your best house.
Once you’ve reached a decision, it’s time to make an offer to the seller. Your Citywide agent will compare the property’s features and list price against those of active and recently-sold homes to help you formulate a competitive offer. You will benefit from your agent’s strong negotiating skills and ability to evaluate and resolve counteroffers and contingencies that may arise during the process.
As soon as the seller accepts your offer in writing, the document becomes a legally binding contract. Assuming you’ve already completed the prequalification process, your loan officer will update your official loan application. You may need to submit additional documents or meet additional criteria during this stage.
Together with your Citywide agent, you will coordinate home inspections, navigate the appraisal process, and arrange for homeowner’s insurance. As you continue through the mortgage underwriting process with your loan officer, your agent will address any concerns that surface from these reports—ensuring that you’re fully prepared to proceed to settlement.
Before the big closing day, you should make sure all the necessary paperwork and deposits have been completed. At settlement, you will submit any necessary balance of funds required for the down payment and review and sign the final paperwork. Upon conclusion of the closing process, the deed and mortgage will be recorded and all previous obligations of the seller will be discharged. Congratulations will be in order because that’s when you get to start making that new house…your new home!