Why Buy with Us?
As a Team and Individually we’ve years of experience of tried and true, technique & attitudes ending with SUCCESS for OUR CLIENTS while continually updating technology & education.
Many of our clients return again & again for the same professional experience and success allowing you the carefree experience you deserve knowing you can trust us to meet any challenges that could come.
To be “The Best” which is what our Buyer’s deserve we continually monitor our buyers preferred areas for properties, researching the hundreds available that meet your list of criteria and choosing only the top properties for your review saving you from spending countless hours of your time.
Our expertise in knowing the market gives us the competitive edge in negotiating the best price for you. Choosing to use Snow and Associates Realty, you avoid the potential risks of money lost in less-than-favorable deals, and protecting you from potential risks
Choosing Snow and Associates Realty is one way to make sure that your entire experience not only goes smoothly, but you get expert service to go along with it. We will work diligently for you, what we don’t know we WILL find out, and we surely know where to go to get the info! So tell us what you want and need, and if we can’t make it happen it’s because it’s not possible! And, that is what sets us apart from the others!
What is the importance of getting pre-approved for a mortgage?
If you’re serious about buying a home, start the process in a lender’s office, not at an open house. As a potential buyer you benefit in several ways by consulting with a lender and obtaining a pre-approval letter.
First, you have an opportunity to discuss loan options and budgeting with the lender. Second, the lender will check your credit and alert you to any problems. Third, you will learn the maximum amount you can borrow, which will give you an idea of your price range. However, you should be careful to estimate your comfort level with a given house payment rather than immediately aiming for the top of your spending limit. Lastly, most home sellers expect buyers to have a pre-approval letter and will be more willing to negotiate with you if you have proof of financing.
Pre-qualification vs. Pre-approval:
A mortgage pre-qualification can be useful as an estimate of how much you can afford to spend on your home, but a pre-approval is much more valuable because it means the lender has checked your credit and verified your documentation to approve a specific loan amount (usually for a particular period, such as 90 days). Final loan approval occurs when you have an appraisal done and the loan is applied to a property.
Another important item to remember during the home buying process is DO NOT add additional credit such as buying a car, furniture, boat, or other non cash purchases until your home purchase is CLOSED!
Escrow and Closing Costs
What to expect after the contracts are signed:
Buying a house can be a complicated process, one that most people are generally unprepared for and don’t really understand. There are a lot of different nuances to buying and selling a home, from getting that mortgage approval, to viewing homes, to the offer, to the home inspection, navigating any repair items and finally to closing.
One of those hard-to-understand elements is the process of being in escrow, which occurs between the time a seller accepts the offer and the buyer gets the keys to the new house. So how do you prepare for it? We will take you, step by step, through the process to make it as smooth as possible.
What is a home warranty?
Home warranties are short-term service contracts that help home buyers cover the cost of repairing or replacing certain components of a home in the first year and is used to help repair or replace certain mechanical systems and appliances such as air conditioning or refrigerators if they break due to normal wear and tear. A home warranty is different from homeowners insurance, and is not a requirement from your lender. We routinely request the seller to provide you with this policy as a part of the closing.
So, are you a first time homeowner? Did you know that even if you have owned a property previously, you can still be classified as a first time buyer and take advantage of the benefits offered to first time buyers? If you have not had an ownership interest in a home for 3 years previously, you can be considered a first time buyer. A number of state and federal programs are offered to first time buyers, including loans with as little as 3% or less down payment! Make sure you let your lender know if you qualify so you can take advantage of these programs.