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HOME VALUATION

BUYING YOUR HOME

WITH TROPHY POINT REALTY GROUP

HOMES FOR SALE IN SAVANNAH GA

CITY OF SAVANNAH
the Islands
rincon | Effingham co
HINESVILLE | liberty co
RICHMOND HILL | bryan co
POOLER
CUSTOM SEARCH
THE PROCESS
TO FIND YOUR NEW HOME

An old adage in real estate is this – you make your money when you buy. That means you can’t pay too much now or you’ll be in a tough situation later. At Trophy Point, we pride ourselves on getting the best deals for our clients because we hope to earn your business again when you’re ready to sell.

1. LET'S FIND YOUR HOME

We’ll create an account for you in our state of the art home search portal that has a ton of awesome features that Zillow and other apps don’t have.  From here you can schedule showings, share thoughts with your agent, and easily adjust search criteria for your home search!

1. LET'S FIND YOUR HOME
BUY DOTS 1
BUY DOTS 2

2. FIGURE OUT FINANCING

In order to be set up for success and make an offer as quickly as possible on your dream home, you’ll need to be preapproved for a loan. This means you’ll talk with a lender for a few minutes and give them the info they need to be able to determine how much money you can borrow to buy a house and give you an idea of what your monthly payment will look like.

2. FIGURE OUT FINANCING

SPECIAL NOTE

Make sure to not open any new lines of credit from the time you get your pre-qualification letter through closing. Buying a car, opening a new credit card, etc. could heavily impact your lender’s ability to loan the amount you need for your home.

3. BUILD YOUR TEAM

Your agent will be available to help you find your dream home, negotiate an offer, and walk with you through the under contract period, but you'll need more than just an agent to complete a smooth purchase. The two other major parties involved are your lender and your closing attorney. The real estate attorney is the one who transfers the title and works with your lender to put together all the closing balances and signing documents. You get to choose who you want for the job! We have a few highly recommended lenders and attorneys we regularly work with if you're not sure where to start - just ask your agent!

3. BUILD YOUR TEAM

Keep in mind that you will need money for an earnest money deposit (amount dependent on a few things, so chat with your agent if you haven’t already about how much to expect) and about $400-500 for an appraisal more immediately than you’ll need money for a down payment. Earnest money is a part of almost all offers, usually given within the first week of an accepted offer that tells the seller, “hey, we’re serious about buying this place!” It is totally refundable if you want to walk away from the contract before due diligence period ends (which is after we will get our inspection report back and ask for repairs). Assuming you close on the house, the earnest money deposit goes directly toward your down payment.

BUY DOTS 3

4. MAKING OFFERS

Your agent will walk you through all of the following documents. They'll explain why we may or may not need certain ones, as well as what they each mean for you and the property you’re offering on. Your agent will also go through how to make a really strong offer, & strategize with you so that you’re set up for success & offering with terms that work for YOU. But as an overview of these documents, here’s what to generally expect:

4. MAKING OFFERS

This is what most people refer to when they say an “offer”. It includes the basics like your offer price, the timeline you’re proposing, and anything you want to ask for (like a home warranty or termite warranty at no cost to you). Your agent will walk you through the contract and strategize with you to come up with a strong offer and make sure you feel confident with your offer.

This lets the seller know which lender you plan to use, how long it will take for you to receive your loan approval from the lender, and how long it will take for your appraisal to be done.  This document also allows you to terminate the contract if your loan is disapproved or the appraisal comes in low during the timelines you provide in this exhibit.

This tells us everything the seller knows about their property. It isn’t the same as an inspection, but can give an idea of the state of the property.

If the house has any HOA fees or is a part of any type of association, this disclosure should be included so that you know what fees and regulations you will need to abide by should you close on the house.

5. UNDER CONTRACT PERIOD AND CLOSING DAY

Once you have an offer accepted, congrats! This means you are now “Under Contract”, and the clock starts for all the deadlines stated within our offer.

Your lender and closing attorney will work with you to get a lot of information on the front end. The quicker you get the info they need to them, the quicker they'll be able to clear you to close. Your agent will schedule an inspection early in the Due Diligence period and review the inspection results with you. They'll also review the appraisal with you once completed, and negotiate on your behalf.

The Trophy Point team will help facilitate paperwork and communication between all parties, and even help you with utility info, contractors, or anything else you let us know you'd like recommendations for. Going above and beyond is our specialty and we want to make your move as smooth as possible!

After signing all the paperwork to close on your home, the attorney will hand you the keys and you will be the proud owner of your beautiful new home!

5. UNDER CONTRACT PERIOD AND CLOSING DAY

FIND YOUR NEW HOME TODAY!

SEARCH FOR HOMES

LEARN MORE

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Trophy Point Realty Group operates under the direction of Eighteen O’Two Realty, LLC & broker Rich Blenz. Office phone: 912-330-2998

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One of our expert agents will create a complimentary, personalized report that reveals your property’s potential. Together, we’ll strategize to maximize your return, ensuring you reap the benefits from your real estate investment.

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