Charlotte NC Buyer Steps to Homeownership, Part III

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Real Estate Agent with www.AtHomesCharlotte.com | Savvy + Company Real Estate 228209
Charlotte NC Buyers Steps to Homeownership, Part III Charlotte NC Buyers Steps to Homeownership, Part III

Charlotte NC Real EstateCHARLOTTE NC HOME BUYERS!  What should you expect when buying a home in Charlotte NC?  You should expect unsurpassed customer service and knowledge of the area.  You should expect to have this be the easiest home-buying processes you've ever experienced!  You will no longer be allowed to ‘worry,’ we will take care of the details for YOU!   When you work with The Maxwell House Group, the home buying process will be broken down to four  simple stages:

1.  Pre-Purchase Consult
2.  Shopping for Your Home
3.  Purchasing Your Home
4.  Settling-in

This is the third in a four-part series.  We've reviewed the first step, the pre-purchase consult and the shopping stage, now let's make that purchase!

Buying a home in Charlotte NC

 

STAGE 3:  THE PURCHASE

When you find a home that you’d like to purchase, we’ll review the typical CMA and list-to-sales prices in that particular neighborhood and prepare an Offer accordingly.

  • Using the standard NC Bar forms, I'll prepare an Offer To Purchase as well as other documents that will be needed  (as reviewed in Stage 1) explaining your rights and obligations related to this Contract to you. Should you need legal advice, I can introduce you to an attorney for further questions that would be beyond my scope of knowledge as a Realtor®.

  • We’ll negotiate vigorously for you and assist you in evaluating any Counteroffer and any response which I would recommend that you make.

  • Each step of the negotiating process will be reviewed in detail and changes made accordingly to the Offer to Purchase Contract.

  • When we have arrived at an agreement, each party will initial any changes made to the Offer to Purchase and we’ll forward this Contract to a real estate attorney—one of your choosing or I am happy to make recommendations should you not know one. 

  • You will then work closely with your lender and provide him/her all of the necessary documents required for the process.  Timely response is needed as we are all working towards a closing date which is contractually agreed upon.

  • You will be asked to decide if you would like a survey of the property which you are purchasing.  I strongly recommend that you have the attorney order one—they run about $350.

  • A home inspection will be scheduled, either one of your choosing or again, I’m happy to make recommendations should you not know one.  These run about $400.

  • I will attend the home inspection either with or without you. 

  • During the inspection and loan phase, I will ascertain that all contractual agreements are addressed and completed; the closing attorney, lender and I will remain in close contact while doing so.

  • We will then review all items on the inspection report and request, formally, that the homeowners make the necessary repairs.  Again, this is a negotiating process and we will make certain that issues that are structural or of urgent nature are further inspected by engineers, etc.  A follow-up inspection can run anywhere from $75.00 to $350.00, depending upon the specialty; a roofer will charge about $75. and a structural engineer’s fee will be about $350.

  • You will be given a list of providers for all of your utilities, depending upon the area which you select.  You can visit my website at www.DebeMaxwell.com, click on UTILITY CONSOLE and provide all of the necessary information required for your utilities to be transferred into your name and on your specific closing date.

  • Your lender will also require that you provide your homeowners insurance agent/company contact information.  Should you not know who to contact for homeowners insurance, a list of several ‘tried and true’ agents will be provided for you to select and begin the process.  This should take about 10 minutes to acquire.

  • The final walkthrough will take place prior to the Closing and the sellers will be notified should there be any discrepancies.  Should there indeed, be discrepancies, and there is not enough time prior to closing to remediate, this will be resolved at the closing table with the attorney.

  • Approximately 24 – 48 hours prior to Closing, you will be given a final ‘tally’ which is detailed on your Closing statement called the HUD-1.  All expenses (debits) and adjustments (credits) involved in the transaction will be included on this document.  We will review this thoroughly and either the lender or myself will give you the amount which you will be required to bring to Closing.  This will need to be in the form of a cashier’s check or a bank countercheck, required by the attorneys in order to record the Deed of Trust.

  • We will all attend Closing, at which time you will sign all mortgage and sales documents and be given the keys to your brand new beautiful home!

Charlotte NC real estate

OTHER ARTICLES ABOUT BUYING A HOME IN CHARLOTTE NC:

Charlotte NC Buyers Steps to Homeownership, Part I

Charlotte NC Buyers Steps to Homeownership, Part II

Locating the Perfect Neighborhood

New Construction Contract Signed, Now What?

Why Charlotte NC?  Well, Why Not?

Signature and author description
Debe in Charlotte

About the author:

Debe Maxwell is a Charlotte Residential Real Estate Broker, Certified Neighborhood and Relocation Specialist who can assist you with the purchase and/or sale of real estate in Charlotte NC or any place in the country by connecting you with a relocation professional in your destination of choice. Debe has created a team of professionals throughout the country to ensure that you enjoy a smooth transition to your new area. These professionals are experts in the field of relocation and can serve many purposes beyond a simple home search. The destination service is of no cost to you! Please visit www.TheMaxwellHouseGroup.com  for your relocation and/or your local needs.

Debe Maxwell- HELEN ADAMS REALTY - 704.491.3310 - Debe@DebeMaxwell.com

Copyright © 2008 By Debe Maxwell, All Rights Reserved...*Charlotte NC Buyer Steps to Homeownership, Part III*


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Jesse & Kathy Clifton
Jesse Clifton & Associates, REALTORS® - Fairbanks, AK
Fairbanks Alaska Real Estate Specialists, 907-328-9328

Great info, Debe.  How long is the attorney review?  We don't have that up here... yet.

Sep 08, 2008 02:50 AM #1
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Debe Maxwell
www.AtHomesCharlotte.com | Savvy + Company Real Estate - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Jesse:  If we have a 5-day Close, then they can get it done that quickly!  Unlike alot of states, the attorneys do the title searches and then do all of the loan reviews, etc.  It's sort of like a one-stop shop!

Debe in Charlotte

Sep 08, 2008 09:27 AM #2
Anonymous
Mike

Debe, What would you advise about shopping for homeowners insurance online instead of dealing with one of your local agents. Is it worth going with an online company like NetQuote or HomeInsurance.com. Maybe we should see your list first...

Any feedback would greatly be appreciate to help us find insurance in the Charlotte area, we are going to be new to the local area.

Thanks,

Mike P.

Sep 08, 2008 02:33 PM #3
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Debe Maxwell
www.AtHomesCharlotte.com | Savvy + Company Real Estate - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Mike P.  ABSOLUTELY!  I advise shopping the companies both locally AND online.  Once you receive a couple of low quotes, I would even advise going back to those and seeing if they'll compete!

Let me know if you need assistance in finding a new home in Charlotte too!

Debe in Charlotte

Sep 12, 2008 09:12 AM #4
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