Buying a home is a step toward an American Dream, financial security and building equity. It is typically an individual or family’s most significant investment making the process both exciting and overwhelming, especially for first time homebuyers. Understanding the process and having the right agent to assist you can make home buying enjoyable and rewarding. We are dedicated to ensuring you are well informed of the current market dynamics, the steps and commitments you will be making, as well as guiding you through the local and legal requirements to property ownership. Transparency is essential to us. We will be working together as a team to help you purchase a new home. Understanding your needs is paramount to knowing how we can best guide you through the process. We will work with you on the right strategy, taking into account what you need as well as sharing with you what must be done. We will provide you with local, accurate and current information so you can make informed decisions every step of the way. We will look out for your risks, negotiate on your behalf and focus on our fiduciary responsibility to you, our client. There are many requirements in the home buying process on local, statewide and federal levels. It will take time and communication to consider the important factors in deciding which home to buy, including desired locations, proximity to work, schools and transportation, neighborhood characteristics, community requirements, financing options and price ranges. Our experienced, local knowledge will compliment your online and neighborhood searching, providing clarification on the pertinent information regarding the home you want to buy.
Obtaining financing to purchase a home includes a number of important factors. Lenders, banks and other sources for loans take into consideration a combination of items when determining whether or not to loan you money. They look at factors in your profile like:
- Current income
- Length of time at your job
- Debt-to-income ratio
- Past rent or mortgage payment history
- Your credit report
- Tax returns
- Down payment amount
- Months of reserve money
The combination of your financial profile (income, debt, credit, etc.) and the property (condition, value, etc.) gives the lender a complete picture of the risks and benefits of providing you with the loan. (click here to see your options)
A lot of home shopping happens online when you can peruse listings, neighborhoods and information. But we know that you still like to load up the car and drive around looking at homes and communities in person. Your self-guided tours happen at any time of day, any day of the week. Wouldn’t it be great if you could put the information of every property for sale right there in the car with you, instantaneously?
NextHome’s Mobile Connect does just that. You can easily narrow down which properties in an area have the potential to be your dream home. Save time, money and gas. Anytime you see a home of interest, pull out your mobile device. You can text into our system and we’ll immediately send back details and photos about that listing and any other listing. How? All you have to do is ask us for our unique text code and you will have access to information on all active properties in your area. It’s free and easy! Just text NEXT to 85377
We have found you a home, successfully negotiated a contract and have an accepted offer. It is time to open escrow! An escrow and title account is opened with a third party company who facilitate the neutral management and disbursement of all monies exchanging hands. Typically escrow and title are handled by one company, but it can be handled by two different third party entities. In this process, the company will provide a title report for review, receipt of your initial deposit and assist with the final estimated closing costs, as well as signing of all the final closing paperwork. Once you have started the escrow process there will be a number of action items with specific deadlines required by the various parties in the transaction. Each of these action items are determined by the specifics of your accepted contract and local regulations or laws. Some examples will be: Review of property disclosures, Buyer inspections, An appraisal, and others.
Helping you find and purchase the right home will be our focus when working together, but our services don’t stop there! At NextHome, we are committed to being your resource for all things home, neighborhood and community related. We are here to help you all along the way as you build a family, a life and memories in your new community. We will keep you updated on current market trends and the value of your investment. We are a resource for information if you ever consider renting or moving.
Once you work with us, you are part of our family, and the NextHome family gives long lasting support!