How to purchase your first home! Pt 2

-

 Hey! It's Brielle Camiolo from Remax Access back at it again. 



You made it to part 2! To get caught up read the last post!


So after we find your dream home + you're ready to pull the trigger.......I'll write up an agreement of sale. This is the document that let's the seller know what were are offering them, what our financing is, if we're going to do a home inspection, if we're asking for any seller's assist, etc.

The seller can agree, deny or come back with negotiations. 


If the terms are agreed for both sides, the next steps are doing a home inspection and title search.


The home inspection allows an outside party to come in and inspect the home. They will push the house to the limits in a span of 2 hours to really get an idea of the house in a short time. Roof, plumbing, foundation, electric, appliances, hvac, water heather, basement, etc. 


The title search will let us know if the person selling it is actually that person, and if there's any liens or defaults against the property. 


These are to protect you doing the transaction!



Stay tuned for part 3 next week!

Check out:

facebook.com/briellecamiolorealestate

instagram.com/briellecamiolorealtor


Comments

Post a Comment

Popular posts from this blog

First Front Door Grant - keep an eye out! 2021

-
Image
The first front door grant is offered to clients who are obtaining a mortgage through their ffd providers. Our in house lender is one of them! For every $1 you contribute, FFD will provide $3 in assistance, up to a maximum of $5,000. Your lender will guide you on how it'll benefit you! This is only available for first time home owners, here are the income limits:  https://www.huduser.gov/portal/datasets/il.html Keep an eye out to submit your application early in 2021! Make this the year you become a homeowner! For more info:  https://www.firstfrontdoor.com/ Brielle Camiolo - REALTOR Remax Access briellecamiolo@remax.net
Read more

Ready to sell? READ THIS

-
Image
 What to do when it's time to sell.... Maybe you want to get in a better school district, family is expanding, change of scenery, job change.....WHATEVER IS MAY BE You want to be prepared and I want to help: Declutter, Organize, Get rid of those items you been meaning to Find out what the balance of the mortgage is  Get pre approved for your future home Are there any liens?  Are there any violations against the property? Is income the same?  In this time frame: Keep an eye on credit  Debt to Income Ratio Do not buy new furniture or new cars Next, is setting up a FREE home evaluation of your home. This will allow me as an agent to price your home considering the market and comparable comps. Make further recommendations.   Please feel free to reach out if you have any questions and you're ready! 2676085232 briellecamiolo@remax.net instagram.com/briellecamiolorealtor facebook.com/briellecamiolorealestate
Read more

HUD homes!!!!

-
Image
HUD homes are homes that have been foreclosed on, and are owned by the bank or the lender.  Owner occupied gets first dibs at placing a bid and then it's open to investors.  The first round of bids may be exclusive to owner occupied for 7-14 days or even longer. If a bid is not obtained in that time, then investors may place a bid.  These are houses going for what's owed on the property and may have some leeway to negotiate.  Keep in mind these homes are as is and you're taking full ownership for the property in it's current state.  For owner occupied, HUD will pay up to 3% but it must be specified on the bid.  There's also a program called, Good Neighbor Next Door  "Law enforcement officers, teachers, firefighters and emergency medical technicians can contribute to community revitalization while becoming homeowners through HUD's Good Neighbor Next Door Sales Program. HUD offers a substantial incentive in the form of a discount of 50% from the list price of
Read more