Buyer Services

The Buying Process

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Buyers Representation

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The Buying Process

• Discuss Representation and Determine Time Frame, Needs and Price.
  • Consult with you to identify your particular real estate needs and preferences
  •  Discuss aspects of the county and city
  • Commuting options to work or school
  • Shopping access or home delivery services
  • Recreation and entertainment (music, theatre, sports, museums, parks…)
  • What features of the property’s natural setting is most significant
  • Area house styles
  • Financial questions
• Respond to your needs quickly, with honesty and integrity. Maintain your confidentiality; holding your best interests in the highest regard throughout the process.
• Explain each step of the process including local real estate procedures, typical closing costs, purchase agreements and act as a guide to help you make most informed decisions. Use my knowledge and expertise to promote the most valuable purchase on your behalf.
• Disclose pertinent, known facts about the property and respond to questions concerning the property.
• We will assist you in evaluating the market value of properties that are of interest to you and help you obtain the most advantageous price and terms.

Obtain a Pre-Approval and Pre-Certification

• Help determine your purchasing power, while explaining alternative methods of purchasing and/or financing.
• Provide an action plan for locating the right property, at the right price and terms, in an acceptable time frame.
• Provide access to financing professionals that meet your needs.

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• Provide the resources of the most comprehensive database of listings in the area allowing you to easily preview homes that are right for you, access in-depth information on neighborhoods, and keep you abreast of new properties that come onto the market.
• View and discuss properties

Submit and Negotiate the Offer

• Your Prudential Holmes & Kennedy sales associate will take the offer in writing to the home seller through their listing broker.
• The seller will accept it as written, make counter offers on unacceptable aspects, or reject it.
• You can then accept it, counter-the-counter offer, or reject it.

Obtaining Legal Representation and The Contract

• Upon acceptance of an offer by you from the seller, prepare a written Memo of Agreement that is forwarded to the attorneys to begin the preparation of the Contracts. Any verbal agreements should be written into the contract.
• Several Contract Provisions you may want to include:
  • Deposit at Contract Signing - The amount of earnest money should be clearly stated, plus the amount of money you will be paying at settlement and your sources of financing. A common purchase deposit in many areas is 10% of the purchase price, deposited in escrow.
  • Financing Contingency - Be specific about the total loan amount, the date a second or third mortgage is due, and the exact financing terms. Many contracts have an “alternative financing clause” that allows buyers to accept different financing, as long as it does not affect the seller’s net proceeds.
  • Inspection Contingency - You may make the contract contingent on a building inspection report. You will usually have to pay for this inspection, but the peace of mind or detection of a problem is well worth the cost of inspecting.
  • Termites - The contract may require the seller or buyer, depending upon the area, to pay for a termite inspection. The results of this inspection may require payment to remove the infestation and repair any resulting damages. You should get a written report at settlement indicating that the property is free and clear of any active termite infestation. In some areas, well and septic certificates are also required.
  • Personal Property - Specify in writing if items not physically attached to the house are to be included in the sale. These items can include light fixtures, drapery rods, appliances, firewood, and even swimming pool chemicals.
  • Repair Work - Standard contracts of sale require sellers to confirm plumbing, heating, mechanical, and electrical systems are in working order at the time of settlement. You should conduct a pre-settlement walk-through inspection several days before or no later than the day of settlement.
  • Title Attorney or Insurance Company – As the buyer, you have the right to select the attorney or insurance company who will conduct your settlement. Also, be sure to clear the title company with the lender, whose interests are also involved.
• Offer to provide you with information regarding other professionals (e.g. attorneys, accountants, inspectors, contractors) that may assist you during and after your move.
• Schedule and attend the Inspection
• Final Mortgage Approval/Commitment 
• Closing: monitor all closing activities as permitted by law or local practice.

Relocation Needs

• Assist you with arrangements for a variety of relocation services, and provide a Referral Form, which offers you the services of a Prudential Affiliate in your area should you require assistance in selling your existing property.

FOR THE INDIVIDUAL ATTENTION YOU DESERVE!