GUIDE TO BUYING YOUR CHESAPEAKE BAY HOME
Whether the purchase of Chesapeake Bay home represents a place to expand your life experience in a coastal setting, a major relocation to a simpler lifestyle, or purely an investment decision, the sale will be a significant and important purchase.
It should be an exciting time, but it can also be a needlessly daunting task. Our step-by-step guide has been put together to make the process as easy and painless as possible. With years of experience, we will prevent common problems, offer time-saving advice, and make you aware of the procedure - all with a view to make the experience as enjoyable as possible. By the end of your search, with our support and guidance, you will live happily ever after in your new, dream home.
PRE-QUALIFICATION
We’ll introduce you to our mortgage partner, who can help you determine your buying price range with confidence. Be prepared to dig into paperwork during this part of the process such as pay stubs, W2’s, and tax returns. The lender will do a full review and then tell you what you will be able to borrow in order to purchase a home. This is a vital step in the home buying process!
DISCUSS YOUR CRITERIA & CREATE A WISH LIST
Let’s get to know each other! Once you’re ready to begin your quest, we’ll schedule a Buyer Consultation to focus your search and determine what you want and need in a home
MARKET REPORTS & PROPERTY ALERTS
We will get to know you — Are you looking for a sandy beach on which to relax? Need to upgrade or downsize? Whether it’s an intimate vacation cottage for two or a gathering place for family with close friends and loved ones, you will receive tailored information to simplify your search. At this stage in the process, We will send you notifications about the offerings about which you’re most likely to be excited. Be sure to let us know if one (or more) jumps out at you so that we can skip to the next step and schedule a viewing.
SCHEDULE VIEWINGS & COMPILE DATA
Here’s where the buying process gets really fun! We’ll schedule viewings of the homes that you’ve loved from your listing alerts. We’ll talk about how the budget will work and make sure that we find you the perfect home.
Feel free to ask as many questions about the property as you’d like at the viewing. After a viewing, give us your impressions, and be as candid as possible. Loved the kitchen but wanted more outdoor space? Thought that the setting was charming but the floor plan would be an issue? Tell us. It really helps us to focus on your style and will allow us to suggest alternative homes for you to view.
FIND THE PERFECT HOME & WRITE AN OFFER
When you’re ready to make an offer, we will present a written offer to the seller. And while everyone loves getting their offer accepted right away, the seller could come back to us with a counteroffer, or reject your initial offer all together. We are happy to walk you through each of these possibilities and exactly how to handle them. Once the offer is accepted, it’s time to get your financing in order and move forward to the next step!
ACCEPTANCE, APPRAISAL, AND INSPECTIONS
The sellers accepted your offer, and the home is going through appraisal and inspection. The appraisal guarantees that the price of the property matches the condition of the property, while the inspection makes sure that everything in the home is functioning properly and there are no major issues inside. These are the last steps before the shiny keys to your home are placed in your hand... for good!
TIME TO CLOSE & GET YOUR KEYS
Get excited because it’s time to close on your home! This process includes going through all of the final paperwork and signing your name (a lot!). Don't forget to bring all of the paperwork that you’ve collected along the way and your down payment.