Orientation- During our initial interview, you and I will talk about your expectations and I'll explain the process of buying a home. You will obtain valuable market knowledge about Lynchburg's real estate market prices, financing, your qualifications and normal procedures. Considering your wants, abilities and needs I'll help you decide on price, size, style and area. At this point we will begin the search to find your new home.
Financing - A strategy for successful purchase is to apply for pre-approval prior to finding a home. Negotiating a contract with a loan commitment can be advantageous to you. There are specific things necessary to make a loan application and assembling them can take some time. It is recommended to use a checklist.
Formulating an Offer - When you find the right home, you will want to make an offer to purchase it. This is done in writing specifying every detail that is part of the agreement. There are standard forms that we can go over at the initial meeting.
The last step is to assemble all of the loan papers at settlement. You will need to pay the balance of your down payment and your closing costs at this time. Usually, a cashier's check is required for these funds.
Website is a service of Lynne Creasy ABR, CRS, GRI, REALTOR® • Mark A. Dalton & Co, Inc. Realtors 504 Wyndhurst Dr. Ste B • Lynchburg, VA 24502 | 434-401-1394