• Earnest Money Deposit- We need to submit the earnest money within 48 hrs of an accepted offer. I will send you the link to do this electronically shortly. If it asks you for a secret word it will be "home". The earnest money will be held in the listing broker’s trust account until closing, at which time it will be applied to your downpayment. If you decide the home is not right during your inspection period you will receive a full refund.

  • Inspection- You have a certain number of days to complete the inspection and all subsequent negotiation with the sellers (specified on the Purchase Agreement). We are looking for health and safety issues first and then anything that can limit your use and enjoyment of the property. Please set the inspection up right away! Some inspection companies are busy so it is VERY IMPORTANT the inspection takes place in the next 3-4 days. The inspection company will do the scheduling with the sellers for us and will have access to the home. It is highly recommended that you show up for at least the last 30 minutes of the inspection so you can see any issues firsthand. Every inspection report is a bit scary as it outlines all the deficiencies of the home. You are purchasing a used home, much like a used car there are going to be issues, even new construction homes have items that come up on the inspection report.

  • 10 Day Right of Rescission- We will be supplied all of the condo docs(Rules and regs, financials, etc) Once we receive these you will have 10 days to review to make your final decision on moving forward. This is not a time for negotiating though. This is your opportunity to review everything about the association and determine if it is right for you. This is unfortunately an area that I cannot advise you on and the decision needs to be made for yourself. If you have questions about the financials you will need to contact the association directly or speak to an accountant.

  • Appraisal- Once we are through the inspection your lender will order an appraisal of the property. The lender does this to make sure they are loaning on a home that is at or above the purchase price. If for some reason the appraised value came in below the purchase price we would need to negotiate with the sellers to reduce the price to the appraised value. I have not had a buyer's appraisal come in low in years so this is unlikely.

  • Underwriting- This is part of the lending side. They will ask for docs from you for all sorts of things like bank statements, tax returns etc.

  • Clear to Close- This will take place once you have completed all underwriting and there is nothing left to be done but go to closing and sign the closing docs.

  • Final Walk Through- We will do a final walk through either the evening before or the day of closing. We do this to make sure the home has not burned down, flooded and is in the same condition as when we wrote the offer. If we asked for any repairs to be made we are checking to make sure those were done and done right.

  • Scream it from the Mountains!- If you feel like I gave you impeccable service I would appreciate you telling your friends and family about me and would love an introduction if they plan on buying or selling at anytime in the future. I will also ask you to write me an online review as this is one of the best ways for others to learn about the service we provide.

If you have any questions about any of this please let me know.