the-basics-of-buying-a-home | Market Updates

Details: Category: Market Updates Market Updates; Published: 30 March 2008 30 March 2008; Hits: 14144 14144

Conducting a real estate transaction almost becomes second nature after 13 years in the business. I often take for granted the fact that for many people, the basics are still a little sketchy...

Here's what you need to know:

Obtain Mortgage Preapproval Before You Begin House Hunting

Learn how much home you can afford
Strengthen your bargaining position with sellers

Choose a Real Estate Agent

Ask mortgage lenders to recommend agents they work with
Select a reputable professional who will listen to your needs and make you feel comfortable
Ask agents for references from former clients
Ask agents the basic questions: How lang have you been selling real estate? How many homes do you sell each year? Can you commit the time to helping us? What is your real estate education and experience?

Find the Right Home

Determine the needs of you and your family
Create a wish list & a list of "Must Haves" as well as "Would Likes"
Take notes as you preview homes with your agent
Ask about recent foreclosures or "short sale" homes

Make an Offer

Have your agent research the status of the property as well as the seller's motivation whenever possible
Have your agent negotiate the best deal for you
Be prepared to deposit earnest money when making the offer
Be prepared for counter offers and/or addendums following your initial offer

Have the home inspected

Hire a professional home inspector after the offer has been accepted
Find an experienced inspector you can trust

The Home will be Appraised

The lender will order the appraisal to establish value for the lender's benefit

Obtain Title Insurance

This guarantees that the property you are purchasing is free of liens or confusion in rights of ownership
The policy insures against any losses to the property that result from defects in the title or deed

Close on the Property

Signing the documents does always mean you own the home
It must fund and record at the county court house to insure ownership

Now you are the proud owner of your home!

Whenever you want to make that Idaho Real Estate your own, remember, I'm always looking out for your next move in the Boise ID real estate market!

Don Wixom

Featured

Contact Me Today!

Don Wixom
RE/MAX Executives
16201 Idaho Center Blvd.
Nampa, ID 83687
Direct: (208) 880-5039
Office: (208) 466-0002
Fax: (208) 466-2227
Email:
This email address is being protected from spambots. You need JavaScript enabled to view it.
Realtor, ABR, CRS, GRI,
e-Pro Internet Professional

Quality Service Certified®

2000 "Realtor of the Year"

What my clients say

"Thank you Don for your considerate and professional help on selling our house. Your informative correspondance we recieved before deciding to list it, got you the house, and your continued contact to let us know what efforts were being made to advertise and show the house were greatly appreciated. Showing mutual respect, we feel like we have made a new friend!"
~ Bill and Sharrel Cash, satisfied sellers

"Thank you so much for all of your efforts, patience, perseverance and professional behavior through the ordeal of selling our house. The way you dedicated yourself to your work and to our needs truly showed your eagerness and ability to help. Thank you again."
~ Jan Byers, satisfied seller

"Just wanted you to know that we really appreciate how smoothly the sale of our home went. It really could not have worked out any better. The wide marketing of our home you initiated really paid off. Thank you for a terrific experience. You have our highest recommendations, and we'll be more than happy to pass it along. God Bless!"
~ John and Jeanie Mowery, satisfied sellers

"We cannot thank you enough for your time and patience in finding our new home. There's no way we could've done it without you! You made all our dreams come true and we will always hold you dear for that."
~ Meguel and Kris Escutia, satisfied buyers

"Thanks to Don Wixom, we have been enjoying our new home for six months now. Don as the realtor selling our house worked very hard for us. He helped us through all the complex paperwork involved in making offers, getting a loan, etc. Don paid attention to detail and kept us well informed about how things were going. When things needed to be done, Don was readily available, seeing us through a home inspection, even crawling under the house in the dirt and cobwebs when we asked him to. Don was always only a phone call away. We still remember his phone number, we called him so much! Don has a wealth of experience and resources to offer. We would definitely recommend him to anyone wanting to buy or sell real estate."
~Scott and Naomi Watson, satisfied buyers

"We were long distance buyers. We had been through some major life changes in 2005 and had first contacted Don Wixom in August of 2006. He stood by us 2 1/2 years showing us houses, driving out to houses and emailing us pictures when we were unable to go ourselves, never knowing if he actually would have gotten a sale from us and he never complained or pressured us once.
He always treated us with great respect as if we were his only customer. Don has done more for us than we would have done for ourselves. He gave us great advice. He was always learning what it was that we were looking for. As our needs changed midway through our searching he adjusted to them.
His website allowed us to search the multiple listing service without addresses and phone numbers needing to be given. He would always check into and answer our questions and requests.
When buying or selling in Idaho we would never consider anyone but Don Wixom. He stayed with us for the long haul and we will stay with him."
Steve and Jean McBee, Buyers Nampa

"Thanks Don, for the link to IDX app for iPhone. Works great! All the information I need right at my finger tips! Thanks for always leading from the front!"
Ernie Garza, Buyer