Buyer's Guide

Step 1 - Outlining Objectives

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Defining Your Goals

  • What is your motivation to buy?
  • What price range are you considering?
  • What is your timeline to move?
  • What are your ideal features and "non-negotiables"?
  • What are you looking for in a neighborhood?
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Preparation & Planning

  • Discuss Objectives and Process with your Realtor®
  • Select a Lender and Begin Loan Approval Process
  • Obtain a Loan Approval Letter
  • Sign Exclusive Buyer/Broker Agreement with Your Realtor®
  • Research Neighborhoods of Interest with Your Realtor®
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Understanding the Market

  • Analysis of Active, Pending, and Sold Transactions
  • Review Contracts and Timelines
  • Personal Timing and Seasonal Considerations
  • Market Forces: Supply vs Demand, Macro vs Micro
  • Create Profile-Based Buyer Attraction Strategy

Step 2 - Finding Your Home

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The Search

  • Browse and Review Online Listings with your Realtor®
  • Review How Online Websites Work with your Realtor®
  • Notification of New and Off-Market Properties
  • Virtually Tour Listings from the Comfort of Your Home
  • Select Your Ideal Location and Home
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Offers & Negotiation Strategies

  • Learn About the Purchase Contract from your Realtor®
  • Discuss Multiple Offer Strategies (as needed)
  • Offer Presentation and Highlighting Buyer Strategies
  • Negotiate to Optimize Price and Terms
  • Acceptance of Offer or Counter Offers

Step 3 - Going Into Escrow

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The Escrow Process

  • Notify Escrow of Acceptance and Send Fully-Executed Contract
  • Wire Initial Deposit to Escrow per Terms of Agreement
  • Notify Lender to Begin Loan Process and Order Appraisal
  • Sign and Return Opening Package of Escrow Instructions
  • Contact Insurance Agent for Homeowner Coverage
  • Provide Escrow with Vesting (Title) Information
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Inspections & Disclosures

  • Schedule All Desired Home Inspections, (i.e. Termite Report)
  • Review All Disclosures and Reports
  • Approve/Negotiate Repairs Based on Inspection Reports
  • Review/Approve All Seller and State Required Disclosures
  • Review/Approve Preliminary Title Report
  • Meet Deadlines and Remove Contractual Contingencies
  • Schedule Final Walk-Through Prior to Close of Escrow

Step 4 - Closing Process

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Welcome Home

  • Review Closing Statement from Escrow
  • Virtually Meet with Escrow to Sign Loan Documents
  • Arrange to Wire Down Payment and Closing Costs
  • Transfer Utilities to New Location
  • Closing, Key Delivery, and Celebration
  • Move into the Property
  • Move-In Checklist
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Working Together Again

  • Staying in Touch and Keeping You Informed
  • Second Homes and Investment Properties
  • Providing Resources and Introductions
  • Referrals, Testimonials, and Reviews

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Contact Details

Luxury Listings Texas

Phone

(512) 866-3795

Phone

(737) 333-2700

Email

[email protected]

Address

1717 W 6th St Suite 190 Austin TX 78703

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