Let's Buy Your Dream Home
Whether you’re ready to buy now or looking for answers to common home-buying questions,
Chris will guide you with data and expertise.
Explain real estate principles, contracts and documents
Refer you to a reputable lender that can help you pre-approve for a loan
Help you determine the neighborhood and types of homes that suit your needs
Provide you with a tour of homes that meet your requirements and budget
Make an offer on the home of your dreams
Expertly negotiate your home purchase and desired terms
Accompany you to the inspection and ensure everything goes smoothly
Coordinate necessary steps after the inspection for a successful closing
Work with escrow to ensure all needed documents are in order and completed
Last step is to hand you the keys to your new home!
F.A.Q's
In today’s electronic world, offers are sent via email to the seller’s agent. I will call the agent to let them know that it is coming and tell them a little bit about you and the details of your offer. Then I will follow up to confirm receipt.
When you write an offer to buy a home in Seattle you will be expected to include an earnest money deposit. This deposit is a sign of good faith that you are seriously interested in purchasing the home.
Once the buyer and seller have a mutually accepted purchase and sale agreement, the earnest money is deposited into a trust account. This deposit becomes a credit to the buyer at closing and becomes part of the purchase expense.
Some lenders require the cost of the appraisal and credit report at the time of the loan application.
Real estate contracts are complicated legal transactions. This is another area where having a knowledgeable and professional agent is a necessity. Rarely does a buyer lose earnest money. Most often, if the transaction falls apart, there are circumstances beyond the control of the buyer that cause it to happen. If the buyer willfully decides, however, that they no longer want to buy the house and has no legal reason to rescind their offer, then the seller has the right to the earnest money.
If you offer less money, the seller has three options. They can accept your lower offer, counter the offer or reject it completely. Remember that there could be another buyer who is also interested in the home that you have chosen. If they happen to write an offer at the same time you do, the seller will have two offers to compare. There are usually many aspects in an offer to consider, but ultimately the seller will want to accept the best and most complete offer. In active real estate markets, homes often sell for their listed price. In hot markets, there may be multiple buyers vying for the same house, which sometimes drives the final sales price above ask.
As your realtor I can help you plan your strategy, based on the current market conditions.
To put yourself in the best negotiating position before you find the new home you want, hire a qualified real estate professional to help you put your current home on the market. Once you write an offer on the home your interested in, your offer will be “contingent” upon the sale of your current home. A buyer in this position may not have the same negotiating power as one whose home as already sold. The seller may be hesitant to accept your offer because there are too many things that have to happen for a successful transaction.
Success in the market comes from diligence in the preparation.
Office
837 North 34th Street
Suite 100
Seattle, WA 98103
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Chris Reis is a Seattle real estate agent affiliated with COMPASS real estate Seattle, a licensed real estate broker, and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. no statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting, or other professional advice outside the realm of top real estate company in Seattle.
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