Our Timeline For Success
From the initial meeting to closing, these are the steps that I’m committed to performing for all my clients. The purchase of your home deserves a best-in-class process.
MEET WITH ALEXANDRA TO DISCUSS WHAT YOU ARE LOOKING FOR
REVIEWING FINANCIALS Establish your budget with a financial advisor or mortgage lender, considering mortgage payments, interest rates, taxes, insurance, and closing costs.
Once we know your wants and needs, we can view homes and find THE ONE. Making a comprehensive list is a great way to narrow your focus. • town • price • beds/baths
PREPARING A BUDGET
• condition • property size
SUBMIT AN OFFER I’ll prepare and review the offer with you for your approval before submission. It typically includes:
PRIVATE SHOWINGS & OPEN HOUSES As we start our search we will begin by setting up private showings and attending open houses for homes that fit most of your criteria.
BEGIN SEARCH
SEARCH
• the purchase price • down payment details (ex: 10% upon signed contract, 10% cash at closing) • contingencies (like inspection, mortgage, appraisal)
OFFER
ALSO BUDGET FOR…
WHILE HOUSE HUNTING...
Secure a pre-approval letter from your lender or a Proof of Funds letter from your bank, detailing purchase price and down payment. You’ll need these documents to submit a home offer.
Purchase and closing costs which can include:
You’ll learn what your budget allows in different areas. You’ll also start to distinguish between ‘must-haves’ and ‘would-likes.’ I will guide you throughout, aiding in understanding property values, location details, sales history, and finish quality.
• attorney fees
• home inspection
• loan origination fees
• title insurance
• mansion tax ($1mm+)
• adjustments or • transfer tax reimbursement for (new construction) services (utilities, taxes)
• Follow up to make sure contract signings are moving along • Broker prepares for Appraisal, if there is a mortgage
• the approximate closing date
SECURE DOCUMENTS
• down payment
SIGN CONTRACTS
OFFER ACCEPTED
SCHEDULE INSPECTION
SCHEDULE WALK-THROUGH
CLOSING
ATTORNEY SCHEDULES CLOSING DATE Confirm all parties know the closing date
CLOSING
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