Real Estate Services

Buying Real Estate

Buying a home is a significant and exciting decision. This section provides professional real estate advice and helpful home buying tips.

First Steps

Determine your “non-negotiables”. What are those things that you require in a home?

  • Neighborhoods
  • Schools
  • # of Garage Bays
  • One Story, Two Story.....
  • Managed Association

Determining Your Budget

It is often very difficult to become satisfied with your selection if you start off perusing homes beyond your price range. Your local banker can help you determine your loan qualification criteria and put you in a better negotiating position by pre-qualifying you for a loan. A Catalyst agent can help point you in the right direction to finding a suitable lender or mortgage specialist.

Your credit score will greatly impact your buying power. Plan ahead and manage expectations. With lower scores comes higher interest rate pricing and monthly payments.

Selecting a Home

Buying a home is a big commitment but remember it is often not the only home you will purchase in your lifetime. Your needs may change as you age. Plan a home that serves your 5-10 year needs is a reasonable consideration.

The internet is a great tool for seeing what is available in your market area. Once you have determined your interests, a Catalyst agent will schedule a tour to see your top pics.

Once you are ready, a Catalyst agent will guide you through the process of determining an appropriate amount to offer.

Beyond Closing

What happens after you close on your house? century21.com continues to provide guidance after the sale is completed.

Inspection

Home inspection is an important step in the buying process. A typical inspection costs between $400-$600.

Hire a professional home inspector to give the house a standard inspection that includes:

Insurance

Catalyst Agents can assist you in selecting an insurance agent. Your lender will determine the minimum deductible and required coverage.

Timeline and Paperwork

In the home buying process, ownership of the home is officially transferred to you at the closing meeting. Agree in advance that the home will be vacant at time of closing or make arrangements for a leaseback if additional time is needed for the seller to vacant the premises. It is however recommended that the buyer demand the home to be vacated and inspect the home before closing.

Moving In

At least 30-45 days prior to the move, it is time to find a mover, solicit friends, rent moving equipment. Keep in mind that the specific day, week and month you pick will affect the cost of your move. Moving during peak season (June to September) will likely cost more. The same goes for weekend moves.

Selling Real Estate

When you are ready to sell your home, a Catalyst Agent will provide market pricing information based on most recent sales in our area, to find the most effective price point to sell your home in the ideal time frame. We will assist you with positioning your home for tours and communicate comments from potential buyers.

Signing a Contract

Getting a signed contract is a big accomplishment but not the race is on. Much needs to be done. We typically have 30 days to complete appraisals, inspections, title searches, etc. Your Catalyst Agent will guide you through the process.

Moving Discussions

If selling a home, the moving discussions begin. Including your children in the conversation early on will help put them at ease during the transition.

Selecting a Mover

30-45 days prior to the move, it is time to choose a move date and find a mover, solicit friends, and/or rent moving equipment. Keep in mind that the specific day, week and month you pick will affect the cost of your move. Moving during peak season (June to September) will likely cost more. The same goes for weekend moves.

The Closing

The closing is much like the day you purchased your home. Confirm if the closing will happen before noon or afternoon to determine which party is credited for that day of interest.

Contacting Insurance

Contact your homeowners insurance to cancel your policy and request a refund of unused premiums. Contact your auto insurance to ask whether or not they do business in your new location.

Contacting Utility Providers

Contact your utility providers to make certain utilities are transferred out of your name.

Rent a Home

Catalyst Agents will assist you with pre-qualifying for your home and provide you a list of available rentals and pricing.

Keep in mind that your lease agreement is a binding legal document and failure to fulfill your lease obligations can result in derogatory credit reporting and collections of unpaid rent.