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| JOHN & ED |
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JOHN LYNCH
(617) 755-8465
Lynchj@RaveisRe.com |
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EDWARD JOHNSTON
(617) 762-4059
JohnstonE@RaveisRe.com |
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JOHNSTON | LYNCH GROUP
AT WILLIAM RAVEIS
REAL ESTATE |
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As your REALTOR® I can manage every aspect of your quest to find the perfect home from the beginning to the closing. A buyer will be faced with a maze of forms, financing, inspections, marketing, pricing, and negotiating. It only makes sense to work with a professional who knows the community and much more. |
The first time we talk we will review your overall objectives in searching for a new home. We will spend sometime getting to know how the process will work and review each step of the process. This will be a great time for you to go over any questions you have. |
A "Pre-approval" means you have met with a loan officer, your credit files have been reviewed and the loan officer believes you can readily qualify for a given loan amount with one or more specific mortgage programs. Based on this information, the lender will provide a pre-approval letter, which shows your borrowing power. You can visit as many lenders as you like and get several pre-approvals, but keep in mind that each one carries with it a new credit check, which will show up on future credit reports. Click here to go to the mortgage section. |
A home is more than just a collection of bedrooms and bathrooms. Several properties -- each with four bedrooms, three baths, and the same price -- may well represent radically different designs, commuting distances, lot sizes, tax costs, interior dimensions, and exterior finishes. Together, we will consider your priorities and establish a criterion that works for your search.
Once you establish the criteria for your search an online account will be set up to keep you informed on your current properties. Each day you will be emailed with updates on properties fitting your criteria. You will have the ability to look at pictures, property details, and other important information.
Click here to sign up now for your daily alerts. |
Once you have established the search criteria we will begin visiting the listings that fit your criteria. We can visit any property that fits your criteria. Online listings and other properties that I find will be considered for our tours. Once we identify the properties of interest, I will make all the arrangements necessary for us to tour the homes.
Anytime. We can set-up days and times in advance and work around your commitments. When ready to look at homes we can set-up a tour of one home or many. In most cases 24 hours or more is needed to establish a visit. If the circumstance arises requiring an immediate visit we will make every attempt possible to arrange a visit. |
As a buyer, here's what actually happens. A home has been placed on the market for which the seller has established an asking price as well as other terms. In effect, this is an offer. At this point, you have three choices: accept the seller's offer and create a contract; reject it and not make an offer; or suggest different terms and make a counter-offer. If you choose this last option, the seller may accept, reject or make a counter-offer.
No aspect of the home buying process is more complex or personal than bargaining between buyers and sellers. This is the point where the value of an experienced REALTOR® is clearly evident because he or she knows the community, has seen numerous homes for sale, knows local values and has spent time negotiating realty transactions. |
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| 1. To create an offer we prepare and present the following information in writing to |
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the seller. |
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a. Price
b. Date of Purchase and Sale
c. Dates of Closing
d. Contingencies
e. Inspection Contingencies
f. Mortgage Contingencies
g. Earnest money of approx. $1,000 (personal check)
h. Signature of all buyers |
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2. Negotiate any terms and conditions if necessary
3. Sign revised offer if applicable
4. Receive final offer signed by seller |
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• Buyer and agents present
• Radon test can be conducted at this time also
• Buyer pays inspection company directly |
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• Provide notice of any issues needed to be addressed
• Insure your comfort level with property |
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• Condominium documents & budgets
• Special contingencies |
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• Within a few days of accepted offer you should contact your mortgage broker and begin the full application process |
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• Normally within 2 weeks of accepted offer
• Deposit due at this time, traditionally 5% of purchase price
• All parties must sign by deadline |
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• Typically within 2-3 months of offer
• Final down payment due
• Deed delivered in your name to the registry of deeds
• Move in |
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