Y O U R H O M E BUYING JOURNEY
Today's meeting
Ginger & Co. Mission & our Company
Team Structure
Your New Home Steps & Process
Expected Costs
Next Steps
Our Mission
Our mission is to create a fun and seamless experience by guiding you through every step of the buying process.
Why Keller Williams?
Number1inagentcount,volume, &unitssold
AgentBranded
#1TrainingCompanyinthe World
God,Family,Business
CultureEmphasizesIntegrity& Transparency
Since 2013
OVER 1,000 CLIENTS SERVED!
OTHER REALTORS...
THE GINGER & CO. DIFFERENCE
YOUR TEAM
J o A n n L a s h T h e C l o s i n g s D e p a r t m e n t
JoAnn Buyer's Specialist
JoAnn is a Buyer Specialist at Ginger & Co. She graduated from Brandeis University with a degree in Political Science. She has a background in both nonprofit and the corporate sector - and takes those years of experience delivering high customer satisfaction by meeting client needs with her into real estate. She relocated to the Raleigh area from New Jersey 6 years ago with her husband and son and loves calling The Triangle area home.
The Closings Team Closing
Coordinator
The Closing Team at Ginger & Co. works with both buyers and sellers during the Contract to Close period. They are fully licensed agents with all the same credentials.
NEEDS ANALYSIS
Now, let's get to the fun part!
What are you looking for in a home?
Home Buying Roadmap
FIRST STEPS
INITIAL CONSULTATION
MORTGAGE PREQUALIFICATION
SHOP LOAN & LENDER
MLS SEARCH
START VIEWING HOMES
FIND YOUR NEXT HOME!
RESEARCH PROPERTY & COMPS
NEGOTIATE OFFER & BEST TERMS FOR YOU!
WRITE & SUBMIT
OFFER
SIGN CONTRACT &
PROVIDE DEPOSITS
DUE DILIGENCE
DUE DILIGENCE
Amount of Amount of
Deposit check
The seller takes the home off the market
Financial
Commitment
Credited back at Closing
Forfeit with Termination
Negotiable
Timeframe Inspections,
Research, & Appraisal
Negotiate any repairs
Loan Approval
NEXT STEPS
UNDER CONTRACT
DUE DILIGENCE PERIOD
APPRAISAL INSPECTIONS:
HOME, RADON, & PEST
SETUP INSURANCE
LOAN VERIFICATION
NEGOTIATE REPAIRS
SETUP UTILITIES
FINAL WALK-THROUGH
REVIEW HUD & GET CLOSING FUNDS
*CONTRACT PROCESS:
NEGOTIABLE
TIMEFRAME
CLOSING
DEED RECORDED
GET KEYS & MOVE INTO YOUR NEW HOME!
What should I budget?
Deposits Inspections & Appraisal
Due Diligence Money (amount depends on multiple factors)
Earnest Money (amount depends on multiple factors)
*Due Diligence & Earnest Money are negotiable
Home Inspection $400-$550
Termite Inspection $75-$95
Radon Inspection $150
HVAC Inspection $135/per unit
Additional Inspections (Septic, Well, Pool) as charged
Appraisal $550
Survey: $500-$650
Settlement Fees
Closing Costs 2%-3% of Purchase Price
Attorney Fee $995
Loan Origination
Credit Report
Setting up Escrow Account
Title Insurance
Recording Fees
KWPR Transaction Fee
Down payment is determined by your loan type & parameters
Something to think about!
Your first mortgage payment isn't typically due until a full month after the month in which you close!
For more information please visit GingerSellsTheTriangle.com