What to Expect When Buying a Home
Every buyer is different and so is every home search. But experience has shown us some common occurrences among transactions. We will do our best to make your experience the best it can be. Part of that role is preparing you for issues that may arise. Here are a few situations you might expect during the home-buying process:
- You will not be told how much money you need to bring to closing until the last minute. No matter how prepared everyone involved is, this typically comes together at the very end. You might know how much the day of your closing, but don’t be surprised if it is only hours or minutes before.
- Many parties are involved in the closing of a home. With this in mind, it’s likely the dates on your contract will change, perhaps multiple times.
- It is natural to feel anxious or nervous from contract to close. Buying a home is a major decision, and with that comes some stress. It’s our job to manage the details to alleviate as much of this as we can for you.
- Similarly, you will probably become irritated or annoyed by frequent and last-minute paperwork requests with seemingly impossible deadlines. As frustrating as these points may be, we’re here to help. Try to stay focused on the big picture – the paperwork will pass!
- As the buyer, you might negotiate multiple times on a transaction – the purchase price, the inspection, and potentially on the appraisal or final walk though.
- The mortgage company will most likely pull another credit report on you days before or even the day of your closing.