Confused about the buying process, or maybe you are looking for a more in depth explanation of the transaction timeline. Look no further, below is Washbern's simple guide to buying property in Kitsap broken into 8 steps - one for each peg of our wheel. If you still want more send an email or call a Washbern agent today and we can walk you through the process.
Some agents are smart, efficient, focused, versatile, and willing to go the extra mile… and some of them aren’t. That is why choosing a Washbern Agent is so important. We have the knowledge, negotiating skills, familiarity with the area, and dedication to you that is unmatched. It’s #TheWashbernWay
There are many different types of mortgage programs out there, but as a first-time home buyer you should be aware of the three basics: adjustable rate, fixed rate, and interest-only. Work with your lender to choose the best fit for your situation and get pre-approved.
Determine what is important to you, such as particular schools, neighborhood amenities, monthly mortgage payment, public transportation, walkability, etc. Explore our different communities pages to find the right place for you.
Work with your agent to negotiate a winning offer. While much attention is paid to the asking price of a home, an offer to buy includes both the price and terms. In some cases, terms can represent thousands of dollars in additional value, or additional costs. Upon Mutual Acceptance, an initial deposit of Earnest Money will have to be deposited to escrow.
Conduct a home inspection using a certified home inspector. Home inspectors check for signs of structural damage and other things that may need fixing prior to the sale of the home. This contingency protects the buyer by giving an opportunity to renegotiate or withdraw your offer without penalty.
Your lender will arrange for an appraiser to provide an independent estimate of the value of the house you are buying. The appraisal will let all the parties involved know that you are paying a fair price for the home.
The escrow company will schedule a time a few days before closing for you to sign documents for the transfer of property. In addition, you’ll need to know the amount that you’ll need to bring to closing. Your real estate agent and lender will assist you with this process. Once signed, escrow will release the documents to be recorded. Once recorded, the keys are yours.
You are done! Your Washbern agent will meet you at your new home to deliver keys and present you with a token of our appreciation. Don’t forget to activate utility accounts under your name for garbage, electricity, water, etc.