START YOUR HOME SEARCH

I understand that the journey to homeownership is a significant and personal venture. Whether you’re a first-time buyer, upgrading to accommodate life changes, or seeking your dream home, I am available to guide you every step of the way. Explore my home search above or contact me to curate a selection of homes tailored to your unique needs. I’d love to open the door to your dream home today.

Buyer Consultation
I can’t wait to meet you and learn about your home goals, but first we have to get some essential paper work taken care. At our first meeting we will discuss the Working With Real Estate Agents Disclosure (Q&A Brochure). We will also review the NC Buyer Agency agreement that will allow me to legally represent you as your Realtor®. Now on to the fun, I want to know your must-haves, nice-to-haves, and must-not-haves. In addition to home features, we will discuss the financial side of the transaction – your home budget, financing, costs associated with your purchase, and other costs to consider. If you’d like to get a head start feel free to review and complete my buyer intake form here. During this meeting we will discuss your strategy as a buyer, timeline, and answer any questions.

Holly Springs Real Estate - Buyers Guide

Pre-Approval – Don’t start your home search without one! 
Speak with a lender (or several) once you start thinking about your home purchase. A lender is going to be able to look at your current income, debt, credit profile, potential downpayment, interest rates on mortgage products and let you know what monthly payment (home price) you could qualify for and what price of home you might look at to stay within your desired payment amount. Not all lenders offer the same products, so if you are looking for a zero-down program, rehab loan, first-time homebuyer programs, I am happy to point you to some resources and recommend speaking with several lenders. A few resources to get started: Todd Dudley at Coastal Credit Union | Downpayment Assistance Programs

Steps to buying a home in North Carolina

The Home Search
Get started using my home search tool – https://mistygonzalez.realscout.com/onboarding where you can set search parameters, identify homes you are interested and aren’t interested in. We’ll coordinate times to see the homes you are interested in and at this point you will need a pre-approval letter from a lender or proof of funds if paying cash. As you identify homes you’d like to see, I will do preliminary research on the home and share any important documents like the floor plan or disclosures prior to viewing. Once at the home, it’s important to look at more than the aesthetics. We’ll want to get an idea of the true condition of the home, age of major systems like the roof and HVAC, and look for red flags. I’ve had buyers who found there home on the first day of their search and buyers I’ve worked with for over a year – the goal is to find the right home for you on your timeline.

Making An Offer
You have found a home you love – now it’s time to make an offer. Factoring the competitiveness, condition, price point, and other variables we will determine your best offer strategy.  If you decide to purchase new construction we will most likely work with the builder’s representatives to discuss terms and be required to use their purchase contract. For resales we will utilize the NC Real Estate Commission Standard Form 2-T – Offer to Purchase Contract  to present your offer. If the seller accepts your offer it will turn into the contract for your home, so it’s important to take your time and ask questions. Each section is important, but below are a few highlights:

  • Sale Price – the amount you will pay for the home (closing costs, inspections, survey are in addition)
  • Due Diligence Amount – The initial deposit amount you agree to pay immediately upon acceptance of your offer. This amount is credited toward the sale price and is non-refundable if you terminate the contract. Learn more about Due Diligence here
  • Earnest Money Deposit – A secondary deposit amount that is due upon contract, but held in escrow until the due diligence period ends. This money is refundable to the buyer if the contract is terminated within the due diligence period. Learn more here
  • Due Diligence Period – Time period by which you have the opportunity to investigate the property. In addition to inspections, buyers should also consider if they would like to have loan approval, appraisals, and surveys completed within this period.
  • Settlement Date – Date on which you will close on your home (loan is completed and all legal documents). If the delaying party fails to settle within 7 days of this date they will be in breach of contract.

Offer Accepted – Due Diligence Period

  • Home Inspection – Your home purchase is one of the largest investments you will make. Protect your investment and be informed with a home inspection (Q&A’s on Home Inspections). Each home may require a different set of inspections based on if it’s a resale, new construction, on a well or septic, has a pool, etc. We will review the inspections available to you and select those that make sense for your home purchase. More info from my favorite inspector.
  • Survey – A buyer who invests in a survey will obtain written verification from a licensed professional of the boundaries and location of all improvements affecting the subject property. The buyer may hold the surveyor accountable for the accuracy of his/her representations. A location survey will identify any encroachments, whether fences, driveways, landscaping, outbuildings, or easements, and will identify any issues such as minimum building lines or setback violations or whether any part of the property is in a flood zone.
  • Appraisal – Before your lender will approve your loan, the lender will order an appraisal of the property to determine if its market value meets or exceeds the purchase price. [Note: Your loan amount will be based upon the lesser of appraised value and sales price.] Learn more here
  • Once we have completed our investigation of the property, we have the opportunity to negotiate repairs and pricing as it pertains to any findings. It is important to complete negotiations during the Due Diligence period as you have more leverage at this time.

Getting to Closing

We’ve made it through the showings and inspections, and now the process will quiet down a bit, but there is still very important items to take care of. More info here

  • Insurance – You must provide your lender with your homeowner’s insurance policy prior to closing
  • Lending Requirements – Make sure you have completed all loan documents and provided your lender everything they need to get your loan approved. This may include proof of income in several formats, tax returns, bank statements, explanations of transactions on statements, etc.
  • Set up utilities for your new property to start the day of closing.
  • Review the closing disclosure (provided by lender) and ALTA (provided by closing attorney) to ensure final loan terms, closing costs, and financials are accurate.
  • Final Walk-Through should happen within 24-hours of settlement. During this time we will ensure everything is still in proper working condition and all items that are supposed to remain in the home are present.
  • Settlement – Most often this takes place at the attorney’s office. Signing parties will need to be present unless they have opted for a remote closing option. I try to attend most closings and sometimes your lender might attend as well. You will need to have your government-issued ID with you at closing and ensure all funds have been received by the closing attorney per their instructions. You will spend anywhere from 30 minutes to 1 hour signing mountains of paper work. Once all documents are signed and your deed is recorded with the county (which can take several hours or happen the following day), you will receive the keys to your new home. Please do not schedule movers to arrive right after closing, as you might encounter delays.

You’re a Homeowner

Congratulations! The keys are yours. Here are a couple of tips to avoid hassles right out the gate:

  • Give yourself a bit of buffer between close and scheduled movers. You will not receive the keys immediately, as it will take at least several hours after closing for your deed to record with the county. If you close in the afternoon, it could mean it does not record until the following day.  Closing could also be delayed for a number of reasons like financing and repairs.
  • Change locks, garage codes, keypads, etc.
  • Update your mailing address with the post office, financial institutions, and especially your online shopping platforms like Amazon.
  • Consider hiring a deep cleaner and getting carpets cleaned prior to move.
  • Paint and make invasive repairs in advance of move if possible.
  • Put up storage solutions first so you have a place to unpack things.

READY TO GET STARTED?

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