Tag Archives: closing checklist

Real Estate 101

As MASTERS Designation holder, representing specialties in New Construction, Finance, Marketing, Objection Handling, Relocation, and Technology, I can help you navigate the home buying and selling strategies in today’s unique market and strengthen the bottom line performance of your transaction.

Many REALTORS® will not meet with you until you have signed an agency relationship contract and have a pre-approval from a lender.  I understand that each and every introduction of myself as real estate broker/REALTOR® is a mini job interview.  Before I can be hired, we both need to know if I am a good fit for your objectives.  To complete that process, I provide what I call Real Estate 101. 

I meet with you by phone or at my office to discuss your big picture, to get an idea of your time line and ultimate goals. If you are a prospective seller, I visit your home to discuss the details of the market specific to your neighborhood and inspect your property. 

If you are a prospective buyer, I meet with you at my office to begin an introductory tour of the city, including highlights of the city and Greater Charlotte Area, especially neighborhoods important to you.

If we both decide I am a good fit for your mission, the next time we meet will be over that agency relationship contract and pre-approval letter from your lender.

Contact me to discuss your big picture, including:

  • Time line to sell or purchase
  • Priorities regarding seller’s net performance and move date
  • Priorities regarding buyer’s housing type, price range or special needs
  • Guidelines you desire for communities, schools, shopping, location, lifestyle, family needs

If you’re in, or thinking of relocating to or away from, the Greater Charlotte area, contact me for Real Estate 101 at Chrystal.Safari@gmail.com

Complimentary Initial Consultation
Limited to 1 hour

 

Consistent     Reliable     Loyal

 

 

 

 

So You Want to Become A Homeowner?

In North and South Carolina, all agents/REALTORS® are independent contractors and although we work under a supervising broker, it’s Me, Inc! 

Your loyalty to your REALTOR® is important and is the only way he or she can protect your best interests in making sound real estate related decisions.  All REALTORS® must adhere to a strict code of ethics (but not all agents are REALTORS®)  and should work in your best interests, carrying out your lawful instructions, and be fair and honest to all parties.

A Strong Offer

      The home choosing process depends on many factors including financial ability and personal tastes.   Once you have found the perfect home for your needs, the next step is in making a strong offer.  I will make sure you have all the elements of making a strong offer assembled before it’s presented, so your offer will stand out among the many.

      The home buying process should follow a prescribed sequence of events.  After calculating a fair offer price range, I will prepare the offer with supporting documents to make the offer most comprehensive and appealing to the seller.  A strong offer always includes the pre-qualifying letter from your lender, offers a high percentage of the actual market value of the property, and has no contingencies, such as the need to fulfill a lease or close on your listed and under contract property.  While every offer doesn’t always have these characteristics, the goal is to create a win-win situation for both the buyer and the seller.

 For Your Protection

      After the sales price, closing date, and other terms are agreed upon by both buyer and seller, and all signatures are obtained, we have a contract and it’s time for the inspections.  The seller is obligated to repair any items required by the lender (usually related to wood-destroying insects).  Further, the inspection uncovers any items on the property that do not function as they were intended to function.  If it’s installed, it should work!  We then prepare a “Request for Repairs.”  The seller has two choices: to repair or not to repair.  If he chooses to repair, it should be completed in a workmanship like manner.  If he should choose not to repair, it prompts two choices for you, the buyer.  The buyer may take the property in its current condition or may be released from the contract and all earnest monies returned to the buyer* – depending upon the specific details and dates in the contract.

      After all repairs are completed, it time for re-inspection.  This usually occurs from a week before closing to the day before, depending upon the severity of the repair needed and desires of the buyer.

 Making it Official

      From there it’s off to closing.  A real estate attorney or title company prepares the documents and they are reviewed prior to signing.  This last leg of the journey is important, and it usually takes from 30 minutes to 2 hours.  The documents are then recorded that day or early the next morning, and it’s official, you are a homeowner!  You get the keys to the property after the closing, defined as the time and date of closing, meaning when the deed is recorded.  Once you have the keys, you begin your move.

If you are thinking of moving in the next 3, 6, 9 or 12 months, contact me.  It’s ‘Chrystal Clear’ who to call for all your real estate needs! 

 

*Although many times throughout the contract and addenda it states the terms under which earnest money is to be returned to the buyer, in the states of North and South Carolina, both parties must agree in writing to the disbursement of the earnest money deposit before it may be released.

 

Buyer’s Agent New Construction Closing Checklist

Closing Checklist as Buyer’s Agent

 

New Construction

Once you are under contract with a new home builder, there are many behind-the-scenes activities that are necessary to progress seamlessly from contract to close. 

Following is a list of items your REALTOR® should oversee.  Problems will arise.  To avoid unnecessary delays, let your REALTOR® know immediately when a problem occurs.  Always let your REALTOR® know all builder scheduled appointments as soon as they are set so your REALTOR® can attend.

 

  •            Get copies of finalized contract to buyers and lender
  •  ð       Follow loan process with loan officer from beginning to end
  •  ð       Ask lender what is needed from buyer
  •  ð       Accompany buyer to design center/location for color and materials selection
  •  ð       Attend pre-construction meeting with buyer
  •  ð       Set up pre-dry wall inspection with independent home inspector
  •  ð       Get update from lender – any needs outstanding from buyer
  •  ð       Get update from closing coordinator regarding closing with attorney
  •  ð       Inform buyers of time and date for closing
  •  ð       Have buyer check into and set up home owner’s insurance
  •       Clarify if survey (showing building on site) will be provided
  •  ð       Get update from lender
  •       Arrange home inspection prior to pre-closing walk –  utilities on, all appliances installed
  •  ð       Get repair request list to construction supervisor
  •  ð       Review HUD statement with buyers
  •  ð       Make sure buyers have driver’s licenses and certified check made out to attorney
  •  ð       Final walk to check on repairs the day of closing

 ð       Enjoy closing!