The fact of the matter is that real estate, as a whole, has been dangerously over-simplified. Investing in a home can (and should) be exciting, whether it’s a first home, a dream home, or something to add to your investment portfolio. It can also be challenging, stressful, and risky. Real estate agents are not all the same and not every one of them will think to (or even know to) serve and protect their clients the way that they should.
Finding the right home is very obviously important. Getting the keys to the right home is even more important! Even if it is made to seem simple, it isn’t an easy feat getting you through the offer, the negotiations, and the acceptance, and then on to and through the necessary disclosures, reviews, contingencies, emotions, challenges, hoops, and general navigations of closing on a new home. Through the closing process (the time between having an offer formally accepted by a seller and the property being officially transferred into your name), the number of things that happen in front of and behind the scenes can be staggering.
To over-simplify, in spite of noting how dangerous that can be, during the closing process (the time between having your offer accepted by a seller and the property being formally transferred into your name), a number of things happen. The top 3 considerations are typically…
- Inspections
- Financing
- Appraisal
Past that, there are move coordinations, title considerations, disclosure requirements, legal mandates, the possibility of challenges you never would have thought of, strategic negotiations, professional positioning with your interests in mind, and the herding of many, manyΒ cats who are all running around with a piece of your house key on their collar. And that’s just for starters.
*It’s A LOT to include it all here so if you’d like to learn more about the process of buying a new place, just give me a shout! I’m more than happy (honored, actually) to run through it over coffee or online if that’s easier for ya*