My buyer services provide you with all the assistance you need to transition to your new home. With the purchase of a pre-owned home, I will search and preview homes meeting your specifications; tour those homes with you to refine your search; prepare and negotiate your offer and assist with the close.

          Buyers routinely obtain the best deal on a new home when using an agent because builders set aside funds to pay agents separately from the price of the home. They give agents the best possible price to encourage us to bring more buyers.

          Finally, if you are thinking of building a home, I can recommend area builders based on your price range and assist you throughout the building process.

New Credit Scoring   

          You can significantly improve your home buying experience by getting loan approval in advance of your home search. This not only gives you the home price you are able to afford, it also lets you and I negotiate confidently with a seller, and speeds the purchase process, getting you into the home you desire more quickly. The vendor list on this web site contains contact information including an e-mail address for Ebby Halliday's Mortgage Broker, Pat Myrick.

Read more about "The New Credit Scoring System"

HOME PURCHASE PROCESS
(For buyers)

Every purchase and sale differs slightly.  The following material identifies the major steps in a home purchase process but does not discuss the occasional deviation from the norm.  As your agent I remain at work on your behalf throughout every step of the process regardless of its complexity.

I.  Loan Pre-approval.  This process provides buyers with an idea of how much they can   spend and what monthly payments will be at a given price.

II. Search.  The search process is facilitated by identifying the location, price range, style and size of home.  Viewing the listing on-line and narrowing the homes of interest using the photographs and going to each home that remains of interest.

III. Price Negotiation.  When a house is selected, the buyer begins the negotiation process.  As your agent, I will provide a variety of information to assist you in getting the best price possible, including:

	Comparable Market Analysis – what has been paid for other homes in the neighborhood.
	Archives – what are the days on market, how has the seller lowered the price, have they changed realtors?
	Tax information – annual tax expense and tax appraisal value
	Utility costs (if available)
	Seller’s Disclosure – what information regarding the condition of the house has been made available

IV. Negotiating other contractual elements – here are other parts of the contract to be negotiated:

• Title Insurance – this should be paid by the seller as they should be responsible to provide you as my buyer with a clear title.
• Survey and Affidavit – for my buyers, this should be provided by the seller within 7 days or so of the executed contract, or if not available, paid by the seller.
• Title objections – my buyer should have 5 days or so to object to any title concerns.
• Home Owners Warranty – the seller should purchase this on behalf of the buyer.
• Seller Contribution to Buyer’s Closing Costs – in the event my buyers wish to put only a small amount as a down payment we will want to negotiate some closing costs paid by the seller.
• Closing date – the buyer will want, if necessary, to lease the house a few days prior to closing or to take possession the day of closing and loan funding.  As a buyer’s agent I don’t want the seller to retain possession a few days after closing.
• Option period – this time period allows the buyer to exit the agreement for a small amount ($150 max depending on price range) within what is usually a 10 day period.
• Home owners association – my buyer should pay no more than a nominal amount to transfer the HOA, if present.

V.  Inspection and repairs.  During the 10 day option period my buyer will want to pay for an inspection and decide which repairs they want to negotiate.  I will offer my guidance to help determine the priority of those repairs and negotiate on my buyer’s behalf.

VI. Title Company.  The title company does all the work to assure the buyer of a clear title and insure the buyer against any future claims on the property.  The title company charges are established by state regulation.

VII. Closing.  The two parties proceed to the closing after all other elements of the agreement are completed, including repairs which are confirmed by a final walk-thru or a re-inspection.

VIII. Possession.  After closing and funding the loan my buyer gets the keys to his/her new home.