Greenbrier County West Virginia is a lush and booming part of the state filled with rolling hills, landscaped estates, and acres of gorgeous forest land. If you’re looking to purchase any property, house, or real estate in Greenbrier County start your online search here first. Buyers can benefit from our website by having up-to-date listings and current market reports e-mailed to them for their specific neighborhood and community.
How to buy a house
Buying a house may not seem like a complicated task but going about it uneducated can cost you time, energy, and money. Knowing the process and procedure ahead of time helps you to be more aware and less stressed along the way. One of the biggest things that most home buyers don’t realize is the benefit of having a buyer’s agent. Many first-time home buyers simply call up the listing agent of a home they have seen either online or in driving by. They inquire on the home and the listing agent will naturally slip into the role of a dual agent conducting all the transactions and negotiations for both sides. What the buyers don’t realize is that the listing agent was working for the sellers the entire time and not for the better interest of the buyers.
Using a dedicated buyer’s agent before you even start to look at homes puts your priorities and your interest at the heart of the agent’s goals. A buyer’s agent doesn’t specifically have any homes that they need to sell you; they are only concerned with finding the right home and the right price for you. Using a buyer’s agent is not only a smart buying move but can literally save you thousands of dollars in negotiations.
Steps to buying
- Once you have enlisted the help of a buyer’s agent you will want to obtain financing unless you are buying with cash. Find a lender that you feel comfortable with and trust and get a few estimates on rates and fees. Once you find a lender that offers you all the details that work for your financial situation have them write up a pre-approval letter stating that you are now pre-approved for a home loan. This pre-approval letter is valuable to present to sellers when submitting an offer. It shows the seller that you are a serious buyer that already has their financing in place.
- Once you’ve placed an offer on the home you simply wait for mutual acceptance or a counter offer. Don’t take offense if the sellers counteroffer for a higher amount. This is simply a negotiation that needs to be mutually agreed upon to move forward.
- After mutual acceptance, the listing moves on to pending and then it is up to the buyer to have an inspection and satisfy other inspections or contingencies previously agreed upon in the contract. While this may be optional, it is highly recommended and we urge all of our buyers to have a professional home inspection all their properties regardless of whether they are asking for any changes or repairs. This is one of the biggest investments you’re going to make and it’s best to know as much as you can about the property.
Once the inspection takes place you will conduct negotiations on any repairs, money off, or you are allowed to terminate the transaction if you are unsatisfied with the results. If you are satisfied with the results those involved in the transaction all work to get the deal closed on time. This would be a good time to start packing, making sure the inspection contingencies are fulfilled, and waiting for settlement day. At settlement, after all documents have been signed, you will receive the keys to your new house.