Realty Associates
Your Real Estate Resource
Call (217) 373-4996 or Email me
Buying A Home
Buying a home is probably the largest investment you'll make in your lifetime.  Buying a home is not like buying a car a mutual
fund or other commodity. Buying a home can pay dividends for a lifetime.  Plain and simple, owning a home can improve your
quality of life, provide stability and give you a sense of control you just can’t get from renting.

The Importance of a Buyer’s Agent
                                                                                                                       
Having an experienced, knowledgeable professional representing you in this transaction just makes good sense.
A real estate transaction is a complex process involving stacks of paperwork and a number of outside service providers and
contractors.  As an experienced buyer’s agent, I will guide you through the process, answering your questions and serving as
your advocate.  I will assist you in finding the property that fits your needs, submit offers and counteroffers, suggest a good
property inspector and other professionals.  As your buyer’s agent, you’ll have me on our side, looking out for your interests
every step of the way.  I fully understand the real estate process and just as important, I understand your local market and
can walk you through the entire process.

How much are my services? How does no cost to you sound? Sellers, that have their home listed with a Real Estate Agent,
have set aside funding to pay me to assist you. In most all cases, you will pay nothing out of pocket to have my professional
guidance in ensuring a enjoyable purchase of your new home.


Where To Begin...

Get Preapproved for a Loan
Starting with the mortgage, I will also assist you in shopping for the best interest rate and terms and, if you wish, suggest
mortgage lender.  A Mortgage lender will assist you in obtaining a copy of your credit report and your FICO score. If
necessary the lender will instruct you on what you need to do to improve your score. The higher your FICO score, the better
interest rate you can command.  Based on your lending profile, the mortgage lender will let you know the price range you
should shop within. You can contact several lenders and determine which one will give you the best deal.

Decide Which Amenities and Features You Must Have
During our Buyer interview, I will assist you in determining your criteria such as, how many bedrooms and bathrooms do you
want? Would you prefer a newer home or an older one with established landscaping? Are hardwood floors a must? Is an
updated kitchen important to you? Which amenities would be nice but not necessary and which features would you be willing
to give up if you find the otherwise-perfect home?

Begin Testing the Market
Researching neighborhoods and driving by them at different times of the day will give you an overall feel of the area you will
feel comfortable living in.  Right here on my site, you can find listings that meet your criteria as well as neighborhood data.
Identify properties that seem to be a good fit for  you and narrow down the selection to your top homes.  You can sign up to
receive daily updates of homes that fit your criteria so you will not miss out on the ideal property. Begin by utilizing My
Homefinder to stay organized in your home search.

Visiting Your Favorite Homes
Look at homes with a critical eye – does the floor plan work for you, is the property in good condition, would it be right for your
lifestyle? In short, can you imagine yourself and your family living there? Be sure to take notes at each home you visit. What
do you like and not like? Narrow down your choices and if needed, re-visit homes in which you're interested.

Make an Offer
When you've identified the home you want to buy, be prepared to prepare a written offer quickly. With my guidance, I will help
you arrive at a price that gives your offer the best chance of being accepted. Obtaining legal counsel is always recommended
when purchasing Real Estate.

I will begin to negotiate your offer to get you the best price and terms that today's market will allow.

Once Your Offer Is Accepted:

There are many steps to take after your offer is accepted. I will walk you through all of the steps including some of the
following:


  • You'll be asked to submit an earnest money deposit that usually isn't refundable however will be applied to your
    purchase of the home.
  • Have the property professionally inspected to negotiate items that may need to be repaired by the seller prior to  your
    purchasing the home.  .
  • Obtain homeowners insurance prior to closing the purchase.
  • Contact utilities (phone, water, power, etc.) to start service the day of closing.
  • A few days before closing, stage a walk-through.
  • Obtain a cashier's check for the down payment and closing costs.
  • Begin making moving arrangements (select a mover, obtain change-of-address cards, inform friends and relatives).

At Closing:
Bring a valid form of I. D., Make sure the terms and conditions of the loan statement are correct.  With the help of legal
counsel, fully read everything before you sign.

ENJOY YOUR NEW HOME!
Each office Independently owned and operated
Licensed Broker - Real Estate Agent
2009 Fox Drive, Champaign, IL 61820
Direct: (217) 373-4996
Toll Free: (800) 537-0217
Fax: (217) 352-0108
darnell@darnellcox.com
www.darnellcox.com
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