Find one(s) you like then call us for showings!
Many people contact us inquiring on status i.e. if the home is truly "Active" vs. "Accepted offer" subject to a contingency like an inspection or a third party approval. Only those who are licensed in MN have access to that information.
Also, a common question we get is: "What's the home buying process?" Everyone's looking online today. That's a given. You should get pre-qualified with an experienced lender who will review income and credit then arrive at a price cap to help refine the home search. If you don't have a good lender, I'll give you a few.
Based off that qualifying amount, I'll send listings with your preferences, cities, price range, etc. After sifting, sorting and very good research on our part, we'll set up some showings. Once we find and decide on the 'right one,' we will:
1.) Fill out purchase agreement.
2.) Attach the lenders pre-approval in the emailed offer.
3.) Send with the offer and pre-approval, a scanned copy of an earnest money check. FYI, That doesn't get sent to the listing broker until the offer's accepted. If we get into a 'bidding war' scenario i.e. H & B highest & best, multiple offers, we're very experienced in those... so we'll go over savvy options with you.
Re: offers: All sellers can do is accept, reject or counter your offer. It's that simple. Once an offer's accepted, an inspection is ordered for a professional assessment of the mechanical's, roof, electric, HVAC, etc. If satisfactory, the inspection contingency is then removed and the "A,i" (accepted offer subject to inspection) is updated to 'pending.' At that point, an appraisal is ordered by your lender with the goal of the homes value coming in at least the offer amount. They are a third party assigned to your file and you can't choose one.
Closing generally takes place 30 to 45 days from accepted offer time. We only work with consummate professionals re: inspections, title, and lending. I'll supply those contacts as we go.
Home searching should be fun and exciting. We work hard to make sure the process is that and mitigate any stress. Buying a home is a very smart financial move but it's also in part, an emotional decision. You're in good hands. See testimonies on the web site tab.