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10 Tip on purchasing a home

1. CMA - With pre-approval in hand, You are ready to scout areas with your Assad Crea Realty Agent. After you have chosen the area that fits your needs, your Assad Crea Realty agent will provide you with a Comparative Market Analysis (CMA) report. The CMA report will help you see what other similar houses have sold for and provide you with valuable information. When the right house comes along you will be ready to take advantage of the opportunity.

2. Financing - Unless you're a cash buyer, you'll need to apply for and acquire a mortgage loan. Your Assad Crea Realty Agent will be happy to assist you by arranging an appointment with our in-house Loan Officer or with a lender that you choose from the list provided by your Assad Crea Realty Agent. The Lender list contains the latest interest rates, lender terms and conditions.

3. Home Search - The right buyer's agent will work on your behalf to find your new home, first expanding your choices then helping you narrow the field. S/he will set up home tours; and by email, U.S. mail or fax, can send you a suggested tour of homes that match your needs. Maps and directions, too. Keep in mind that buyers' preferences vary: some enjoy meeting their RealtorŪ at the destination listing, while others want to ride with their agent so they can discuss options and focus on comparing houses. Let your buyer's agent know what you would like.

4. Making an Offer to Purchase - Your Assad Crea Realty Agent will help with all the fine points, Assad Crea Realty's purchase agreements were written by the attorneys and come from the Board of Realtors and are used by Board members today. To be sure that all the important parts of the transactions are addressed follow the Purchase agreement closely and add the special things that you would like included with the purchase, like the fireplace equipment or the draperies.

5. Offers and Counter Offers - At Assad Crea Realty our RealtorsŪ are skilled in negotiation and are your best ally in a competitive market. A trusted buyers agent has your best interest at heart when negotiating to get what you want or as close to what you want as possible. Are you willing to pay full asking price, if the seller agrees to repair the roof? How do you put your best foot forward, in a "multiple offer" situation? A trusted buyer's agent stands in your stead, evaluating what's important to you. Your Assad Crea Realty's buyer's agent functions as an objective professional in your home purchase. Where emotion might cloud your better judgment, you can rely on us to advise you of your options throughout the transaction. We'll make sure that details are remembered, and your interests protected.

6. Help with Contract Acceptance
Your Assad Crea Realty buyer's agent functions as an objective professional in your home purchase. Where emotion might cloud your better judgment, you can rely on us to advise you of your options throughout the transaction. We'll make sure that details are remembered, and your interests protected.

7. Inspections - Although the "Residential Property Disclosure" (a required state form) requires the seller by law to disclose any material facts about the properties condition including any hidden defects. Buyers may protect their own interests by acquiring various inspections; municipalities and lenders sometimes require additional inspections. Whole-house private inspection, pest, radon, well and septic - your buyer's agent can help you determine what you need, make the appointments and accompany you as the inspections are completed.

8. Negotiate Disputes/Issues - Even the smoothest, simplest real estate transaction involves two parties, with needs and objectives that may differ. The right buyer's agent provides skilled negotiation, mediation and conflict resolution, helping you navigate a potential minefield without "taking it personally"!

9. Removal of Contingencies
Contractual contingencies are terms that must be met before the property can transfer into the new buyers name. The written contingency, therefore, must also be removed in writing, by a specified date, before the contract can be brought to fruition. Whether it's financing, inspection or any other item your agreement is "subject to," your Assad Crea Realty buyer's agent will assist you in understanding the fulfillment and removal of these contractual conditions.

10. Closing Escrow or Title Transfer
When the Escrow is closed it's time for the Title to transfer from the sellers name to the buyers name, and sometimes the seller has a few days after the transfer of title to deliver possession of the home to the buyer. This is the time that buyers and sellers find the devil is in the details, the Chinese fire drills take place. Assad Crea Realty Agents take great care in arranging the last minute details to make the transition as smooth as possible

Finding a Buyers Agent - Selecting the right real estate professional is key to your sense of comfort, your level of confidence and the success of your transaction. Our Wants vs. Needs questionnaire will help you refine your choices - and we can also match your requirements and preferences to the Assad Crea Realty's buyers' agents in your area.

Assad & Crea Realty Group
6363 York Rd. Suite 101 - Parma Heights, OH 44130
Telephone: 440.888.8181 - Toll Free: 800.981.3535
Fax: 440.888.3131