Realtor Loreal Greathouse Gives Tips on Understanding the Loan Application & Underwriting Process

July 15, 2015

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Posted by in News

Understanding the home loan application process can be intimidating even for someone like me who deals with it on a weekly basis. Here is some advice from the pros at Bank of England in Jacksonville.

Florida’s real estate contracts require the buyer to complete a mortgage application with a lender within five days of the offer being accepted by all parties. This means you will need to meet with your lender and bring all required documents within five days of everyone signing the purchase and sale agreement. Read more

Realtor Loreal Greathouse Shares Great Tips on the Home Inspection Process

June 18, 2015

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Posted by in News

Your offer was accepted and now you have about 10-15 days to get your inspections done depending on how the contract was written. Getting a home inspection is one of the most important steps a buyer can take to insure they are making a good investment and getting a home that is safe for their family. Here are some tips to help you with this process.

1. Don’t be afraid to get a new construction home inspected. We want to believe that all builders do a fantastic job, but with how quickly homes are going up in areas it’s best not to assume your builder or the contractors did everything right. Just because the home passed code and was given an occupancy certificate by the city doesn’t mean there aren’t things that went unnoticed. An inspector is your last line of defense against major defects. Even though your new home will have a builder’s warranty, it’s best to know about any possible issues before the ownership changes hands. Read more

Realtor Loreal Greathouse Shares Tips on Writing an Offer and the Negotiation Process

May 20, 2015

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Posted by in News

You’ve scavenged the land and found the perfect house. It has everything you are looking for and more! Your Realtor should now advise you on your offer strategy. Maybe you need to offer full price because it’s a desirable area. Maybe there are multiple offers and you need to evaluate if the home is worth more than asking price to you. Maybe the house is in an area with lots of inventory and you can take the risk to offer a little less than asking price. Whatever the situation, a skilled Realtor can best advise you. Read more

The Home Searching Process and Top 10 Mistakes Buyers Make by Realtor Loreal Greathouse

April 20, 2015

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Posted by in News

Now that you’ve been preapproved and found a great Realtor, it’s time to start shopping for a home! Of course in this day and age it’s not surprising to hear that over 90% of home buyers start their search online. With so many real estate websites it’s easy to stay up late at night searching for your dream home. Be aware though, many of those sites take 24-48 hours or longer to update the status of the home. The best place to find up to date listings is through your Realtor. Ask your Realtor to set you up on a daily automated email, so any new listings come right to you the day they are posted. Read more

Davidson Agent Loreal Greathouse Offers Tips on Finding the Right Realtor for You!

March 16, 2015

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Posted by in News

Your credit score is up and you are ready to go! The next step is finding a great Realtor. Since Realtors work on commission it is best practice to find one and stick with them. How would you like it if you spent four weekends in a row driving someone around looking at 20 houses only to find they bought one with another agent? Not fun! Some agents will ask you to sign a Buyers Agreement which simply states that you are working with them and only them.

The best place to start your Realtor search is with friends and family. See if anyone you know has a Realtor they recommend. If not, check out a few local brokerages and interview some agents to find one that fits with your personality. You could start by reading some bios on Realtor.com for agents in your area. You want to look for someone who is experienced and knowledgeable of the market area you are looking in. However, don’t let a new agent scare you, they need to start somewhere and most are eager and willing to go above and beyond! Read more

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