The Garrison Breck Group's Guide to Home Ownership
Getting Started
Purchasing a home is one of the largest transactions a person will make in their lifetime and many find it nerve racking and stressful. However, with the help of The Garrison Breck Group, the process can be seamless and even fun. Understanding these basic steps is the best way to prepare yourself for the transition into your dream home. Our Garrison Breck Group Realtors can answer any of your questions you may have as they are all experts in the home buying process.
#1 Find a RealtorThe home buying process is a intimate one, so finding the right Realtor is key as you'll be in constant contact with them. When searching for a Realtor, interviewing is 100% acceptable - make sure you get along with him/her and that they are reliable and personable! Look for one with a extensive market knowledge and proven results.
|
#2 Find a LenderIf this transaction is going to require financing, it's important to have a reliable lender. We have several recommended partners that will help you understand your budget and get a pre-approval letter which you will need to write an offer.
|
#3 Start the SearchNow that you have your budget, you can convey exactly what you're looking for to your Realtor. He or she will set you up on automatic search from MRIS to keep you updated on what's coming on the market. Once you've flagged listings, your Garrison Breck Group Realtor can arrange showings for you. As part of TTR Sotheby's International Realty, we have the luxury of being exposed to many off market opportunities as well!
|
#4 Write an OfferIn the DC market especially, time is of the essence. Once you've found your dream home, it's time to write an offer. An offer consists of a large contract, your pre-approval letter, and an earnest money deposit (typically 3-4%). This deposit will be delivered to the title company of your choice to hold in an escrow account until closing. One of our agents will walk you through writing a competitive offer that is tailored to your specific needs.
|
|