We are a community of Real Estate Professionals dedicated to making a difference with integrity, innovation, care and excellence.
The information in this handbook will educate you and assist with the following:
• Steps of the Buying Process
• Loan Information
• Help you Determine your Wants and Needs
• Making an Offer
• Escrow and Closing
Since 1950, Dilbeck Real Estate, a local and family-owned company, has enjoyed helping friends, neighbors, and families create new beginnings and lasting memories.
For generations, we have started lasting and trusted relationships with a handshake. From the beginning, Ray Dilbeck dreamed of a real estate company where every relationship is important. Dilbeck Real Estate was built one relationship at a time upon a commitment to superior service, honesty, integrity, and the value of home ownership and family. Today, Ray Dilbeck’s son, Mark Dilbeck leads the firm and continues his father’s vision.
Dilbeck Real Estate and its Sales Associates have grown along with the communities they serve. Most associates have been raised or live in their local market area and have an intimate knowledge of the character of each local community, its schools, recreational facilities, shopping opportunities, and transportation. This community background, combined with the skills of highly trained professionals, make Dilbeck Real Estate ready to exceed the expectations of each of its clients and meet the unique challenges encountered when buying or selling a home.
Established in 1950 and locally owned and operated, Dilbeck Real Estate provides residential sales and leasing, estate home sales, commercial sales and leasing, corporate sales, new home sales, and relocation.
Nearly $1.3 Billion In Annual Sales
1,297 Transaction Sides
10 Office Locations 380+ Highly Trained Sales Associates
35 Dedicated Support Personnel
10 Marketing/Technology Specialists
Our Sales Associates take their role of trusted advisor, expert negotiator and skilled facilitator seriously.
The Dilbeck Real Estate Platinum Advantage™ is an innovative way of doing business that sets our sales associates apart from our competitors.
Our Platinum Advantage™ training gives our Sales Associates the expertise that enables them to deliver the highest level of service to ensure not only the success of your real estate transaction, but also the quality of your experience.
As your trusted advisor, your Sales Associate will use their specialized knowledge and training to help you navigate the complex home buying and selling process. They will listen to your goals, and recommend the right resources to help you reach them.
As your expert negotiator, your sales associate will effectively manage the buying and selling process to help to get the best possible price, with the most favorable terms, in the shortest period of time.
As your skilled facilitator, your Sales Associate will work to put sales together that stay together. They will provide outstanding customer service, personal expertise and a range of quality real estate resources.
A Buyer Representation Agreement outlines the duties and requirements of your sales associate and serves as the cornerstone of our relationship and marks the official beginning of the buying process. A Buyer Representation Agreement reaffirms the agent’s commitment as your fiduciary to act as your trusted advisor, expert negotiator and skilled facilitator under our exclusive Platinum AdvantageTM Program.
While many Buyers are Pre-Qualified, Pre-Approval gives you more leverage in the negotiating process. Mortgage Pre-Approval requires completing a formal application to the lender, and submission of all the necessary financial and employment documentation. This information will then be thoroughly evaluated and verified by the lender’s underwriters. With final approval, you will be cleared for a loan of a determined amount. Pre-Approval can give you a preferred position in negotiating and add validity to written offers.
Our affiliated mortgage business: Partnersunitedfinancial.com
It’s important to establish your dream home wish list early in your search. Your Dilbeck Sales Associate will help you answer the important questions that will shape your house hunt and have a tremendous impact on the success of your search.
Important questions to consider when creating your wish list are: space and room needs, special accommodations or requirements for yourself or family, neighborhood preferences, type and style of home, preferred outdoor space, daily commute time, school district, key home features, and remodeling considerations.
Once your wish list has been firmly established, it’s time to prioritize. Your Dilbeck Sales Associate will help you put your dreams in order. The ultimate goal is not to compromise on your home search, but prioritizing your wish list can help identify those key features you can’t live without.
Finding a home has always been a personal process, but lately it has largely become a digital one as well. Through RealScout, your Dilbeck Sales Associate is armed with the latest tools designed to maximize your search.
Our RealScout property search is powerful and simple. You can search by school district, neighborhood, zip code, custom-drawn maps and more! The results are in a comprehensive list or tile layout with a fully interactive display. You can change area amenities and more.
As more of our world moves to mobile, it is more important than ever that you can access the information you need, wherever you need it.
Our area profile pages are information-rich where you can find anything from average home prices in the area to local attractions and popular activities.
Information is a key element to staying competitive in an evolving real estate market. Our Dilbeck Sales Associates offer detailed market reports for all of the areas they serve.
Don’t stop at inspecting the property and searching for home features! As you consider your purchase, examine the surrounding area. Neighborhood factors can have a huge impact of future resale value and current pricing or your prospective home.
Try asking some detailed questions of friends, family, coworkers, and of course your Dilbeck Sales Associate.
1. Is it safe and well maintained?
2. Is it a convenient location for you?
3. Is it close to schools, shopping and work?
4. Ask about the zoning laws and any vacant property located nearby.
5. Is the city or county considering widening the street in a couple of years?
6. Is there a railroad crossing within hearing distance?
RealScout delivers the industry's BEST LISTING ALERTS that highlight your lifestyle preferences (like open floor plans, natural light or chef's kitchens) and even local points of interest (such as living near a park or the nearest Whole Foods) — this all serves as the gateway into an immersive and engaging search experience that helps you find the perfect home, faster.
REALSCOUT keeps you informed in real-time.
REALSCOUT'S MARKET ACTIVITY ALERTS keep you up-to-date on the market — it’s the best way to stay in front of the market.
When you’re ready to make an offer on a residential property or residential income property, your Sales Associate will walk you through the process to make the most attractive offer possible. The following are items and necessary information that should accompany the purchase offer: Good faith deposit is due within 3 days of acceptance in the form of an electronic wire funds transfer or may be delivered directly to Escrow: 3% of purchase price is standard; only when Escrow opens will it be deposited to the Escrow trust account.
Letter of pre-approval: It should be written on the lender’s letterhead with loan officer contact information, your qualified loan amount, loan program and median FICO score. Some lenders may not release your FICO score; in this case, it is very important that we have the loan officer’s phone number so that we can verify validity of your loan pre-approval.
Proof of Funds: It makes a big difference when the Seller sees that your down payment and closing fees are supported by some documentation. It may be in the form of bank account statements, a gift letter with supporting source of funds, or any acceptable (to the lender) documentation that shows where your funds are coming from. It is advisable to blot out your account numbers for security purposes.
Close of Escrow: The number of days prior to closing is important. Are you willing to close in 30, 45 or 60 days? Please take into consideration when it will be feasible for you to make the physical move from your current residence to the new property.
Financing Structure: The contract will ask how much down payment and approximate terms (interest rate, points, loan term) you have been preapproved for. This will have to be identified on the first page of the contract.
Physical Inspection: You and your Sales Associate will be there with a physical inspector of your choice. Buyer pays for the inspection fee and it ranges from $300-$800 or more depending on the size of the home. Residential income property is based on the number of units in the complex and will vary. You may choose to have additional inspections depending on the condition and location of the property; these will be at an additional fee.
The result of the inspections will introduce you to the property details and the inspector will point out any concerns or details of the property that may need attention. Though the Seller is not obligated to replace or repair anything, you may divulge to the Seller any concern you may have.
Appraisal: Your lender coordinates this with their own approved appraiser. Ask your lender for the appraisal fee.
Review of all disclosures and mandatory reports: Usually within 7 days the Seller will forward all the disclosures for your review and approval. For residential income properties Estoppels Certificates may be included if you requested these in your purchase agreement. Please take the time to go through and understand each disclosure and report.
Removal of contingencies: This event depends on the contingencies specified in the contract and the time frames that have been agreed upon by both parties.
Verification of property condition: As the Buyer, you will have the opportunity to conduct a final walk through of the property prior to close Escrow.
Important Note: There are time frames and contingency removal periods involved in these events and each mutually agreed upon contract should have these specified. Your Sales Associate will point these out to you and monitor them closely during the transaction.
Once an offer has been accepted and signed by all parties you begin the escrow process. Generally, day one of all contingencies begins the day after all the parties have signed the contract. Your Sales Associate will make sure the contract is delivered to an independent third party escrow company negotiated in the contract as soon as possible. Buyers start their inspections and review of all disclosures from the sellers within the time frames specified in the contract. Along with your Dilbeck Sales Associate, you will be reviewing and coordinating the following items that the escrow company will complete or provide throughout the life of an escrow. The escrow company will do the following once they have received the completed contract:
• Assign an escrow number to your file
• Send wire information to you via secured email with wire instructions; please be sure to touch base with the escrow company directly on the phone before sending any money to escrow
• Order a Preliminary Title Report and pass along to all parties
• Prepare Escrow Instructions and Opening Package
• Request signatures and pertinent information from both the buyer and seller
• Communicate with your lender and send requested documents
• Assist in processing any escrow conditions related to your new loan
• Review Preliminary Title Report and address any issues on title
• Prepare Estimated Closing Statement
• Forward any escrow conditions to your lender
• Order a payoff statement for seller’s loans and or liens (if any)
• Check status of loan documents with your lender
The Buyer can generally be expected to pay for:
• Inspection fees: including but not limited to - home inspection, termite inspection, geological inspection, sewer inspection, chimney inspection and more
• Title insurance ALTA premiums and sub-escrow fees if there is a loan
• Escrow company’s fee
• Loan document or other needed document preparation fees
• Notary fees
• Recording charges for all documents in Buyer’s name
• Escrow loan tie-in fee
• Tax prorations
• All loan charges/fees for Buyer’s loan
• Fire insurance for first year
• Home warranty if required per contract
• Other negotiated items in contract
• Your Dilbeck Sales Associate will arrange the pick up of keys.
• Your Dilbeck Sales Associate is there to answer any questions and follow up with any items that may not have been completed prior to the close of escrow.
• Welcome to the Dilbeck family of Satisfied Homeowners.
