Home Buyer Road Map
Buying a Home? Don't Travel the Road Alone. Let Todd Be Your Guide!
With Todd your RE/MAX Select Agent by your side, the road to your new home can be an exciting and enjoyable ride! On this journey knowledge and experience are key, and lucky for you the Todd Killmeyer and RE/MAX Select Realty have plenty of both! Trust Todd and RE/MAX Select Realty to guide you on your journey to home ownership!
The Benefits of Buyer Agency
When you begin your home search with RE/MAX Select Realty your real estate professional will ask you to sign a buyer agency agreement. This agreement is usually at no cost to you, and has many benefits.
Applying for a pre approval will determine how much you will be able to spend on a new home and will allow you to begin to set search criteria for your home search. Todd can get you a free no-obligation pre-apporval in minutes.
Start the Search!
Now that you've determined a budget, its time to start your search! Start online at SelectHomeFinder.com and sign up for the Select Home Finder. The "Home Finder" service will search the inventory of available properties, and will notify you via email when new ones become available. Searching for a home on the go? Text SELECT to 32323 and shop for a home from your mobile phone.
Writing an Offer
Todd will assist you with writing up and submitting an offer to the Seller’s Agent. At this point the sellers can accept the offer, counter offer, or decline the offer. Todd will assist you in taking the next steps to negotiate the terms and conditions of the contract.
The bank will require that you have insurance on any mortgaged property. Homeowners insurance can protect your home and you as the owner in the case of major damage to the home or on the property. In addition to home owners insurance you may elect to obtain a Home Warranty (if not provided by the seller). A home warranty can protect the mechanicals of your home including appliances and HVAC equipment.
Todd will assist you in determining when the inspections should be scheduled to abide by the terms in the contract. Inspections should be performed by an ASHI Certified Home Inspector who carries adequate liability insurance. Repairs that are identified as a result of inspections are negotiable with the seller. In addition to a general home inspection you may elect to have the following inspections performed.
Wood Infestation - checks for infestation by any wood -boring pests which include termites, carpenter ants, wood boring bees and other insects.
Radon Gas - looks for trapped radon gas which can be easily mitigated by a professional.
Mold - looks for toxic mold growth that could be hazardous to your health.
Well & Septic - Verifies the quality of your water and identify any need for repairs or cleaning of the septic system.
Lead Based Paint - Homes that were built before 1978 could have a portion of potentially harmful lead in the paint.
Municipality Dye Test - Required by some municipalities as a condition of the sale.
An appraisal will be ordered by the lender as a part of the loan process. A house will almost always appraise for the contract price, or higher. In the unlikely event that the home does not appraise for the sale price, you have the option to re-negotiate your contract or withdraw your offer.
As the new home buyer you are entitled to a walk-through 24 hours in advance of your closing. The walk through gives you the opportunity to ensure that the home is in the same or better condition than when you originally selected it. This also provides you the opportunity to verify that all requested repairs have been made, and that all inclusions agreed upon are still in the house. This is extremely important since a closing constitutes acceptance of the property in its current condition.
This is the day you have been waiting for; the day your new home becomes yours! The settlement company that you select with the help of Todd will review the final numbers with you prior to the closing. You will sign the necessary paperwork that is provided to your settlement agent by your mortgage lender. Please remember to bring a certified check and personal identification with you to the closing so that the settlement office can notarize your signature. Todd, your buyers agent will accompany you to the closing to ensure that everything is properly taken care of.
At the closing you will receive valuable paperwork. Please be sure to keep this paperwork in a safe place as it will be required for tax deductions and special tax incentives.
Ready to start your journey? Call, Click or Text Todd and get started on the road to home ownership!