Buying Your Home

Phase One

Outlining Your Objectives

What is your motivation to buy?
What price range are you considering?
What is your timeline to move?
What are your ideal features and "non-negotiables"?
What are you looking for in a neighborhood?

Planning and Preparation

Discuss objectives and process
Select a lender and begin loan approval process
Obtain loan approval letter
Sign exclusive buyer-broker agreement
Research neighborhoods of interest

Understanding the Market

Analysis of active, pending and sold transactions
Review contracts and timelines
Personal timing and seasonal considerations
Market forces; supply v. demand, macro v. micro

Phase Two

Closing

Review closing statement from escrow
Meet with escrow to sign loan documents
Arrange to wire the down payment and closing cost
Transfer utilities to new location
Closing, key delivery and celebration

Working Together Again

Staying in touch
Second homes and investment properties
Providing resources and introductions
Referrals, testimonials and reviews

Compass is a licensed real estate brokerage that abides by Equal Housing Opportunity laws. Information is compiled from sources deemed reliable but is not guaranteed. All measurements and square footages are approximate. This is not intended to solicit property already listed. Compass is licensed as Compass Real Estate in DC and as Compass in Virginia and Maryland. 5471 Wisconsin Avenue, Suite 300, Chevy Chase, MD 20815 | 301.298.1001

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