Purchasing a home in the St. Louis or St. Charles County area of Missouri, although exciting, can also be challenging. However with the right Realtor(s) and the right information, the process of buying a St. Louis or St. Charles County area home can be easier than you think. We help with everything from financing to home search to home procurement. Below we’ve mapped out the home buying process for you.
The Home Buying Process Mapped Out
Pre-Approval
This required process will help determine the price range for your home search,
and give you the best position for when you put an offer on a home.
Necessities
Your buyer specialist will discuss with you the features you are looking for
including size, style, location, amenities, accessibility to schools and other
personal preferences and must-have features.
Home Search
Your buyer specialist will provide you with homes that match your criteria, but
you will also have full access to the MLS System through TheBoehmerTeam.com. Register
for Property Watch to save your favorite homes, store notes and receive
automatic emails of new homes that match your search. Set appointments with
your buyer specialist to tour any home that interests you. A qualified buyer
specialist will have a variety of resources that are only available to licensed
agents and should have access to homes that may not yet be marketed to the
public. They should be actively
searching and assisting you with your search for your new home.
Submit an Offer/Negotiations
Negotiations can involve everything from settling on a sales price to
concessions and financing. The Boehmer Team agents are trained, expert negotiators
whose job it is to represent your interests during the entire real estate
transaction.
Purchase & Sale Agreement
Once an offer on a property has been made by a buyer and accepted by the
seller, they enter into a legal contract known as a Purchase and Sale
Agreement. This document outlines the specific terms and conditions of the
transaction and is acknowledged by both parties.
Inspections
Once a buyer and seller reach a mutual agreement on a property, a home
inspector is brought in to determine if the home needs any repairs. An
inspector will check items, such as the roof, basement, heating system, water
heater, air-conditioning system, windows, plumbing, and electrical. Afterwards,
buyers may have the opportunity to negotiate with the sellers to cover the
costs of certain repairs or to ask for concessions.
Title Insurance/Survey
You will receive a full report detailing the property history for you and your
lender to ensure there are no legal discrepancies between a new owner and the
property being purchased. If you choose to have a survey performed it would be
done at this time.
Final Loan Approval
You should already be pre-approved, but now that you've entered a contract to
purchase a home you will be working more in-depth with your lender on your
final loan approval. To learn more about this process, pay a visit to our
Mortgage Center page on TheBoehmerTeam.com.
Final Walk-Through
Your buyer specialist will accompany you on a walk-through of the property
before closing to ensure the home is in as expected condition and any agreed
upon repairs have been performed to your satisfaction. This is also the time to
double check that all closing details are completed and utility information is
prepared for switch over.
Closing
Prior to closing, you'll receive a settlement statement outlining any fees that
may apply to you. At closing, all of the paperwork is signed by the buyer and
seller - both parties pay any settlement fees and the documents are officially
recorded. After closing is finalized and
recorded, the home is yours. Enjoy!
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For our homebuyers, The Boehmer
Team has dedicated buyer specialists on our team to assist your every need in
the home buying process. Even in a competitive market, we're helping homebuyers
make their home ownership dreams a reality. Contact The Boehmer Team to assist
you in the home buying process or to request a printable home buying process
map.
