Finding a new home will be a fun and exciting time while exploring all of the options available to you. Selecting that special home to love, the next home for your family is our mission. We will help you to negotiate the best price and to complete your purchase with the least hassles. Soon you will move in, love your home and enjoy its many wonderful benefits.
Williams & Associates firmly believe you should be properly informed, at the outset, about matters such as negotiating strategies, selecting price and terms, and protecting yourself in the transaction. Any of these factors can affect your real estate decisions. We have prepared a number of items on our web page as a guide.
Read some of my articles on mortgages & financing too!
How To Find The Best Home
There are hundreds of properties for sale. Signs are everywhere. Newspapers and catalogs are loaded with ads. Each looks better than the last, but then, sometimes none look very appealing. You may grow tired of looking, looking and looking. You may become confused. You may wonder, where has the fun gone?
Relax for a moment and chat with with Patty. What is it that you really want? What do you need? How much do you feel comfortable spending? Together, we will identify "must have" and "like to have" items and establish priorities. Patty will listen and will get to know you and learn what you really want. She'll be patient and knows the market. You will benefit from Patty's knowledge & experience.
Some hearty buyers want to use several agents, the more working for them the better, right? No, wrong. The Best way to find a home is to pick a Realtor that you trust and in which you have confidence. In choosing a Realtor, consider their interest in you and in your family. Consider their track record, their competency and their firm's performance record.
It is no accident that Williams & Associates and Patty Williams sell more property than any other area firm does. Patty is ready to share with her buyers every property that we know is for sale. She is in touch with every major Real Estate Company every day. She knows what is new on the market, what's a good house and what's not, and she often knows of properties that are going to come onto the market; some even before they are listed. Real estate has been Patty's business for over 26 years and she wants you to be happy. Patty will help you find the best property for you.
Discovering The Home's Condition
No surprises, you want no leaking pipes or bad furnaces when you move in. Neither do we. Fortunately, several steps can be used to reduce your exposure to these unwanted surprises.
Start with the Residential Real Estate Property Condition Disclosure prepared by the seller. Indiana law provides that most sellers must give you one. Read it carefully. It is not a warranty, but the seller must be honest and there is valuable information in it.
The purchase agreement will provide you with opportunity for inspections as a condition to your purchase. We will recommend professional inspectors. Their cost is reasonable, and you will learn a lot. It is best if you attend the inspection. If the inspections reveal serious problems that you couldn't see and that weren't previously disclosed, the seller must either fix them or you don't have to buy the property. A professional inspector's eyes and your eyes will reduce your exposure to unwanted surprises.
Patty also can provide a special one-year Warranty Plan that will cover certain appliances and systems in your home. There is a cost, of course, and a deductible for each claim. Nonetheless, many purchasers have found this extra assurance comforting.
Money, Money, Money
How much down? What are Closing Costs? What is the best mortgage for me? Fixed rate or adjustable rate mortgage? FHA, VA, Insured conventional, and Conventional, or an Indiana Housing Finance Authority mortgage...what does it all mean?
Finances are important and we want you to feel comfortable about them early in your property search.
While it can be confusing, it doesn't need to be. Each is designed to fit certain buyers. Each has special benefits but also liabilities. What you want to find, and what we want to help you find, is the best situation for you, not for someone else, but for you. We will guide you through this financing maze.
Before you begin negotiating, we will have estimated how much money you will need, for both the down payment and closing costs. We will estimate your monthly payment, including a component for taxes and insurance, if you will be including them in your payment. Negotiating to buy a home from a sound position based on knowledge is always the best plan.
Your Williams' Associate will be pleased to attend the loan application with you. We can tell you what information you will need to have available. Then after application, we will follow up with the loan processing, appraising, inspections and title work, all requirements for a smooth closing.
As problems pop up, as they sometimes do, we are ready to help solve them. Patty's considerable experience can be of real help to you.
Negotiating The Purchase
All the details of your purchase will be in writing. Agreements that the seller may make with you are not enforceable, unless they are in writing. That's the law. Therefore, it is very important to carefully consider the terms of your offer to the seller to protect your interests. Williams & Associates' experience can really help in this area.
Many important concerns will already be covered in the purchase agreement. For instance, the sellers must prove that they own the property. Inspections are carefully explained. A contingency for your financing is available. How the earnest money will be handled, possession, and a host of other details are included. We will add any special conditions that may concern you. Our experience in this area can be invaluable.
How about the price? What is fair? As your Buyers Agent, we will represent you. We will review the price for which other similar properties that are available and ones that have sold. We will help you to develop a negotiating strategy. Our mission is to give you, our client, the best advice possible.
The seller may accept your offer, make a counter offer or turn your offer down. Whatever the seller's response, we will be at your side throughout the negotiations and closing of the transaction. All of our skills and knowledge will be available to you.
The Closing
You will soon be closing on your home. The sellers will convey title to you and you pay them. Generally, you will execute a mortgage, and you may feel nervous. We understand these feelings. With over 700 buyers and sellers each year, these feelings are expected. We will be there with you.
Before closing, we will review the entire transaction with you and try to help you not overlook any details. We will review with you a preliminary closing statement to be sure it is correct. At Williams & Associates, we are proud of our record for smooth closings.
It is time for excitement and joy. Soon you will be moving into your new home. Soon you will be enjoying the benefits that caused you to love this home.
Still Have Questions
Contact Patty now, and let her answer your questions and put your mind at ease, and review some of our real estate resources. Buying a home is one of the biggest decisions in our lives-let Patty simplify and de-mystify the process for you!
How much down? What are Closing Costs? What is the best mortgage for me? Fixed rate or adjustable rate mortgage? FHA, VA, Insured conventional, and Conventional, or an Indiana Housing Finance Authority mortgage...what does it all mean?
All the details of your purchase will be in writing. Agreements that the seller may make with you are not enforceable, unless they are in writing. That's the law. Therefore, it is very important to carefully consider the terms of your offer to the seller to protect your interests. Williams & Associates' experience can really help in this area.
