Buying

• Call us to embark on your real estate experience
• Connect with a lender, Higher Ground has trusted lender recommendations. With today’s competitive market, getting a pre-approval letter will put you at an advantage when you need to make an offer quickly.
• Identify your likes and dislikes for your new property and, in collaboration with Higher Ground, begin to search for available properties and tour homes.

• Client to provide an Earnest Money Deposit to set up an Escrow Account, approx. 1-3% of sales price
• Lender will be requesting documents to get your home loan in order.
• Home Inspection (based on terms and contingencies in your offer)
• Radon Inspection
• Well and Septic Inspection (if applicable)
• Wood Destroying Insect Inspection

Once a contract is ratified you have the opportunity to have a certified home inspector tour and assess the home you plan to purchase. The home inspectors assessment of the house will give you valuable information on characteristics and items that may need repair.

Closing costs are estimated to be 5-6 % of the sales price. The lender provides an estimate of closing costs 3 days prior to closing and again 1 day prior to closing.

These included items such as:

• Title insurance
• Loan points (if applicable)
• Escrow or closing day charges
• Property taxes

• Lender will clarify the documents you need to bring to closing
• Deposit required for down payment, instructions and the total (based on closing costs) will be sent a few days before closing.

• The market will be hot in 2022 with limited single family home inventory (as predicted by local market statistics) our team will review recent neighborhood sales as well as home features and upgrades to guide you on your offer price.
• A certified appraiser typically completes an appraisal of a home before closing which is normally required by lenders. Your home value determines the amount of the loan.