BUYING A HOME

Sugar Land Real Estate knows that buying a home is an incredibly emotional decision. Whether you are purchasing your first house, moving to a condo or searching for your dream home, Sugar Land Real Estate has the right tools, products and services available at all stages of the real estate transaction to help you find the home of your dreams.

Buying a home can be a complicated business. Sugar Land Real Estate is well-qualified and dedicated to meeting your needs and exceeding your expectations. By providing you with personalized support, assistance and guidance at all steps of the real estate experience, they are able to reduce the anxiety and emotions that customers often feel.

Sugar Land Real Estate is eager to provide the highest level of service to their customers. Determining your wants and needs allows us to help you to obtain the perfect home for you. By conducting thorough research of a property, Sugar Land Real Estate agents are able to make sure that your needs are met. When it comes time to viewing a property they strive to make it a pleasant, stress-free experience for you.

Sugar Land Real Estate knows that transaction management is an extremely important part of the real estate process. As a homebuyer, you can be assured that even after you have accepted an offer, our professionals know that follow-up, communication and good service are still vital. They are aware that customer relationships do not end when the sales transaction is complete. Whether a sales transaction closed last week, last month, or last year, Sugar Land Real Estate is eager to show their appreciation to their customers.

Figuring Out What You Can Afford

Now that you know what you want, it's time to see what you can afford. You can start by crunching the numbers yourself using our selection of calculators.

When you're ready to move to the next step, you can get pre-approved for a mortgage. This process can often be performed in under an hour and it accomplishes two important goals. First, it will tell you how much house you can afford and what your monthly payments would be. Second, it tells the seller that you can afford to buy their home.

By definition, a pre-approved buyer has an approved mortgage subject to an appraisal of the property. Many times a buyer can use this pre-approved status as leverage during the negotiation process.

Shopping For Homes

Once you know what community you'd like to live in and have an idea of how much house you can afford, its time to start checking out actual properties. Beginning this search online can help save you time since it can help you target homes that meet your search criteria.

Next, begin visiting homes in person. Ask your local real estate professional to arrange visits and attend open houses that are in your target area and price range. When comparing homes, make sure to look at all aspects of the property. Is the property tax approximately the same? Are both the houses renovated? Do they both have the same amount of bedrooms and bathrooms? Are both houses located on the same or similar streets? Does either house have any encumbrances?

Making An Offer

Once you find the home you want, you need to make an offer for the house. Typically this is a very difficult and trying time since both parties have totally different goals. In most cases it is better to have a third party, such as a real estate professional, negotiate the offer. If you have any personal interaction with the homeowner, don't give out any information about your move, your current housing status, financial status or your feelings about their property - positive or negative. This could hurt you in future negotiations.

This might also be a good time to consider purchasing a home protection plan. These insurance policies can be purchased by the buyer or seller and help protect against unexpected costs or home repairs during the listing period or in the initial years after a home has been purchased.

Inspection & Insurance

After your offer is accepted you will need to set up, coordinate and interpret various inspections, including insect, radon, building quality, oil tank, title, etc. You will also need to arrange for homeowners insurance and finalize the mortgage.

This is a major step in the buying process and there are many potential problems that can be discovered during this period. These include a leaky roof, radon gas, termite damage, a foundation problem, and wall cracks, to name a few. These problems happen all the time. The difference between closing on your dream home and starting the process all over again is what occurs during the negotiations between you and the seller.

Sugar Land Real Estate can help make these discussions go more smoothly. In most states you will also have the option of a "walk through" before the closing. This is your last chance to make sure that all of the items that you have agreed upon were completed to your satisfaction.

The Final Closing

Before you arrive at the closing, make sure all the necessary paper work and deposits have been completed. If the mortgage, title work, homeowners insurance and other items necessary under local and state laws are not completed and brought to the closing table, the closing may not happen on time. And, depending on what the contract says, this could result in further action including financial penalties and even the loss of your rights to the home.

Once you close, it's official - you own the house! But there might be a few things you want to do before you lay out the welcome mat. These include arranging for an alarm system, turning on the electricity, subscribing to the local paper, cleaning or replacing the carpet, arranging for lawn services, etc. This could also be a good time to make some needed renovations.