Listing Presentation 2.0 

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Buying a house? The FIRST rule is to GET PRE-APPROVED! Why? That is the total basis of the main criteria of the housing process. Unless you are able to fund the entire bill to buy a house. So getting pre-approval, savvy potential clients will do their own due diligence by inquiring their credit scores in advance. Resolving any incorrect items on your credit score report is vital, and getting satisfaction letters from any debt companies will speed up the loan process. Once you are pre-approved, now you can work on your choice of agent(s). Finding an agent that is right for you, not just calling a company and the agent who answer the phone is the one you go with. The internet is amazing, you can find a lot of information on the broker’s website. If you want more detail, there are several social medias out there to get some more personal relationship with your agent. With agent in hand, now the wish list needs to be put together(criteria). Location,School District,Lot & Block size,and finally Price. The more wants that are within your price range, the less available houses to choose from. It  may be true that it’s a “buyers market”, but there needs to be a give and take with the trade-off. One of the most important Rules(this applies to the agent) get an exclusive buyer agent contract  and consumer notice signed prior to viewing any houses with any potential client. The word is Procuring Cause for buyers who are not aware of the term and may be too eager to wait for their agent. Finding the house, buyers the emails that you receive from your agent or properties that you find yourself via internet or for sale by owner. It’s always a good policy to go to the area, and view the exterior of the house and surrounding neighborhood. To get a good assessment of the area, pictures on the internet can be very deceiving. Once you have a strong candidate, the steps go as follows. #1 Pre-Approval Letter, #2 Personal Check( Hand Money), #3 A signed contract, #4 A signed consumer notice(your rights of representation), #5 A reviewed and signed Seller Disclosure(if needed). Giving the seller a few days to reply, once an agreed and executed contract is in place. The time is of the essence count begins, according to the contract amount of time. You must waive or obtain a home inspection, depending on what kind of loan you have been approved for. A pest,radon,well,septic,water sample, are some additional inspection that may be preformed at this time. Once the results are in from all inspections, it’s time to review with your agent to any issues. A reply to inspection is the buyer’s request to fix or refund any or all issues with in these reports. The seller agrees or not, and either move forward or this kills the deal. Assuming that you are able to move forward, and some repairs will be made prior to closing. Getting all contingency completed, with inspection down. Next , find out if the house is insurable, if the house is ok. A declaration page (insurance policy)of the house will be need before closing. Proof of employment, W2s,are some additional items that may be needed.Clear title, encroachments,easements,etc… Mortgage commitment letter will be issued once all the criteria has been met by the buyer. Now its time for the final walk through, in PA. as per contract(unless otherwise stated) the house for sell must be broom sweeped and debris free. Lets CLOSE!, buyers must have a bank certified check of the closing amount. Buyers always bring a personal check book and government I.D. . Sign the HUD 1 and several other necessary documents and give the bank check and finally GET THOSE KEYS.   DID YOU KNOW?    

Channie Hill – Real estate professional 

(412) 708-6150    

Need Pre-Preapproved or a Mortgage? 

Connie Storino

Home Mortgage Consultant
Office: 724-942-9530
Fax: 877-787-5059
Mobile: 412-770-7878

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