Buying a home requires an entire team of industry professionals. I have spent years developing relationships with industry professionals in our area which ensures as smooth a transaction as possible. Here are the members of our team and their role in helping you buy the home that is right for you:
David Croppi, Your Real Estate Agent: I will act as your advocate from searching for a home, helping you find a lender and get pre-approved, educate you on what you are buying and the paperwork involved, write a competitive offer, negotiate on your behalf, and make sure we meet all the deadlines outlined in the contract.
Lender: Your lender will work with you to determine your home-buying budget and will make sure you are preapproved. The lender will ask for a variety of paperwork from you in order to complete that pre-approval and again when the home is under contract. The bank will make sure that all the documentation is in place and the home is a sound investment before final funding.
Title: Title will run an ownership and permit history search on your home to make sure there are no issues with ownership as the property changes hands. In addition, they will identify any documents or easements that are part of the property which will affect how you can use the property.
Inspector: The inspector will inspect the property for defects, usually after the offer has been accepted by both parties. Don’t worry if the inspector finds defects – every home has defects! Usually most defects are minor, but there are some that might be a worry. Depending on what was agreed in the contract, we will work to determine what you want the seller to fix before the home closes and negotiate with the seller.
Appraiser: The appraiser, hired by your lender, will conduct a physical review of the property to make sure you are paying market price for it. This protects both you and the bank!
Escrow: Escrow coordinates all the paperwork, creates the final set of documents to sign by both parties, coordinates the transfer of money between buyer and seller, and makes sure the property closes in a timely manner.