Whether you are a first time home buyer or an investor adding to your portfolio, give us a call! We will pair you with one of our agents and make your property purchasing process as smooth as possible.
Purchasing a property is one of the biggest investments in your life. If you don't exactly know what to expect, having a knowledgeable team of real estate and mortgage-lending professionals to guide you in finding and financing your first property and can help streamline the process and turn it into an exciting and rewarding experience.
Obtain a mortgage preliminary approval before you begin house hunting.
• Learn how much property you can purchase.
• Pre-approval strengthens your bargaining position with sellers because it shows you are committed, ready and have started the necessary steps to close on time.
Work with your real estate agent to find the right home.
• QC properties will assess your needs and create a list of desirable features
• Send reoccurring MLS listings that fit your criteria and view prospective properties
Make a purchase offer.
• Your real estate agent at QC properties will represent your offer to the seller, who will then choose to accept, counter or reject the offer.
• When the price is agreed upon, both parties sign the Offer to purchase contract which defines the terms of the sale.
Complete the loan application process.
If you have already obtained a mortgage preliminary approval, contact your lender and let them know you have a contract on a home. Your mortgage consultant will update your loan application and help you to proceed with the home financing process.
Have the home inspected.
At QC properties we will always advise our clients to have the home inspected. If you choose to have a home inspection, hire a professional home inspector to provide an in-depth look at the basic systems of the house, which can reveal any safety hazards and give you a chance to reconsider the deal.
The home will be appraised.
Called in by your mortgage broker, an appraisal gives a formal price estimate to lenders to make sure the property meets the loan value.
Obtain title insurance. (where applicable).
Title insurance guarantees the property you are purchasing is free of liens or confusion in rights of ownership, and it also insures against any losses to the property that result from defects in the title or deed.
Close on the property.
A closing agent coordinates and distributes all the paperwork and funds. Once recorded at the court house ownership of the property is transferred.
After signing the final paperwork to complete the purchase, you are now the owner of a new house. It may take a few days for your loan to be funded once the paperwork has been returned to the lender, but once that check is delivered to the seller, you’ll be all set to move into the home of your dreams.
We bring together a mix of integrity, imagination, and an inexhaustible work ethic, striving to make each buying and selling experience the best possible. Contact us today to find out how we can be of assistance to you!