Evaluate your current situation

Do you currently own a home? If so, will it be necessary to sell before making another purchase? Are you renting? How much time is left on your lease? Do you and your family plan to use the backyard? What is important about the location of your house? Example: Do you want to live within 10 minutes or one hour from the office?

Make a list of features that are important in your home

Write down desirable locations you would consider, an acceptable price range, number of bedrooms and bathrooms and any other amenities you would like to have. Be specific. It is unlikely that you will find a home that offers every feature you desire, however, without a wish list, it will be more difficult to recognize a home that meets your expectations.

Get pre-qualified for a mortgage loan

Don’t waste hours searching for a home that is not in your price range! Save time and money by pre-qualifying for a loan whether you are buying for the first time or the tenth time. This process is simple. A lender will ask you basic questions concerning your history, run a credit report and determine your buying power. You can even get pre-approved for a loan!

Imagine for a moment, if, when you and your Realtor initially draft your offer for the home you select, you are already approved for the loan IN ADVANCE! Team Honeycutt buyer’s agents can provide you the names of several lenders that will be happy to pre-qualify you for a home. Prequalifying with one of our preferred lenders will not lock you into this particular lender.

Provide the information to your Team Honeycutt Buyer’s Agent

A counseling session is held between you and one of the Team Honeycutt Buyer’s Agents to discuss your needs. Your agent will look for homes that match your criteria. This will save you time because you won’t look at houses that don’t fit your needs and desires. A proper game plan will save you time and reduce the hassle of shopping for a home. We will work with you whether you buy a home for sale on the market through the multiple listing services, from a builder, bank foreclosure or a “for sale by owner.”

Our services are most often paid for by the seller but you receive the benefit of our services. Spend a little time with a Team Honeycutt Buyer’s Agent now and save a lot of time and money in the future.

Some buyers like to leave their name and needs with four or five different agents in hopes of getting more time spent on their search for a home. But, because the buyer is not committed to one real estate professional, no one real estate professional will be committed to them. It is in your best interest to choose a buyer’s agent through a counseling session, choosing the one that you feel understands your needs and will best represent you in your real estate transactions.

Home Tours

There are several things to keep in mind when evaluating homes. First of all, keep the best three choices in mind and disregard the others. This will limit the confusion and frustration that is often felt by buyers who search for a home without a dedicated buyer’s agent. Sometimes, you find the perfect home in the first few you tour. If you are clear in what you are looking for in a home during the initial counseling sessions, your Team Honeycutt Buyer’s Agent will have narrowed down the field to homes that match your requirements and tastes. Don’t be afraid to make an offer if you feel a particular home is what you want.

Making an offer on a home

Once you have decided on a home that best suits your needs, we determine the fair market value by examining past home sales in the area. Your Team Honeycutt Buyer’s Agent will write the contract for you including any addendums and disclosures. A check written by you for a percentage of the offering price is deposited as earnest money in our escrow account. If the offer is accepted by the sellers, 100% of this deposit goes toward the purchase price of the home during closing.

Finalizing a contract

Searching for the perfect home is the fun part. After the deal is done and the contract has been signed by all parties, the paperwork and closing details begin. As a Team Honeycutt client, you benefit greatly due to our team concept of real estate. Team Honeycutt will make arrangements to have the home that you are purchasing inspected, any repairs completed, help you choose a closing attorney, arrange for a title insurance policy, order a survey and much more.

Closing

Your Team Honeycutt Buyer’s Agent will accompany you to the closing on your new home. We will assist you in anyway we can to assure a smooth and prompt closing. By the time of closing, more often than not, you will have formed a friendship with the members of Team Honeycutt. We feel the same and look forward to having an ongoing relationship.