Key items before closing on a home

The process of buying or selling a home is very detailed and requires a lot of moving parts. Once the end is in sight, you’ll need to prep for closing day. Planning for closing day can help make things run a little bit smoother. So whether you’re a buyer or a seller, here are some important must-knows on what you’ll need to have in place for closing day.

For the seller:

  • Repairs will need to be done and receipts obtained
    • Before closing can happen, all repairs that were requested during the selling process will need to be complete. Once everything has been done, be sure that all of that is documented well and that you have all receipts readily available.
  • Be ready for a buyer walkthrough
    • Once repairs have been completed, the buyer will likely want to do a walkthrough to make sure everything looks in order.
  • Arrange for your utilities to turn off
    • Call your utility companies, cable/Internet company, and any other services that will need to be turned off and transferred to your new residence. However, it’s important to note that you shouldn’t cancel your homeowner’s insurance on your current address until the final sale of the home has been recorded.
  • Gather all brochures, keys, garage door openers, etc.
    • If you have collected brochures/manuals on specific appliances in the home, or you have other important documents that need to be left for the new homeowner, make sure you have those readily available. In addition, you’ll need to leave them the keys to the home, mailbox, and any garage door openers you have.
  • Sign documents
    • This is the biggest step that transfers ownership and gets the process moving toward completion! It can happen several days before the “closing date.”

For the buyer:

  • Obtain receipts for completed repair work
    • If repairs were done in the home you’re purchasing, make sure you get all of the receipts and warranties associated with the work that was done. Keep these in your records in case you need to refer to them later or in case something goes wrong with the repair down the road.
  • Do a walkthrough
    • This is your chance to make sure that the repairs were done right and that things are good to go so you can move forward with signing closing papers.
  • Set up utilities
    • Call your utility company and schedule a time when you want water/electricity to come on. While you’re doing this, schedule a time for Internet/cable service to be hooked up, or any other services that you will need ready to go when you first move in.
  • Sign any last minute lender information
    • This is an important step! You will need to sign a closing disclosure that needs to be acknowledged to start a 3-day waiting period before you can sign final closing documents.
  • Sign documents at escrow
    • Here, you’ll sign papers that allow you to complete the home buying process. After the sale is recorded, you’ll get keys to your home and you’ll be able to start moving in!

If you’re confused about which step comes next, don’t worry! I will be there to walk you through the process. If you’re looking to buy or sell a home, contact me today for information on how I can help.

Posted on July 3, 2017 at 4:11 pm
Nancy Johns | Category: Home Buying Tips, Selling Your Home | Tagged , , , , , , , , , , , , , , , , , , , , ,

Client Story: The Strickland Family

I work with many individuals and families every year and each one has a different story. This story comes from the Strickland’s. They are Pacific Northwest natives and after living in their first home for nearly 12 years, it was time to make a change. Here’s their story.

My name is Brooke Strickland and my husband Bryan and I have been married almost 14 years and have two children. We both grew up in the Pacific Northwest and have made Vancouver, Washington our home. We bought our first, very small home (only 925 square feet!) in 2004 and we originally planned to live there for only 5 years. My husband had always wanted to be in the downtown area, so after almost 12 years (rather than our original 5 years), we decided to start exploring a move.

I loved our little home and was nervous that we wouldn’t find a home that was affordable in the area that we wanted. I stomped my feet and was hesitant, but we finally decided that it was time to expand. We knew Nancy’s experience was unmatched and I had full confidence that she would help us sell our house quickly and help find us a new one that we loved, and that wouldn’t make me cringe every time I opened up the bill to pay the mortgage every month.

We listed our home for sale in April of 2016 and within 18 hours, we had 3 offers on the table. We met with Nancy and she walked us through what the offers looked like and which one would be the best. Within days, we had gone from prepping to sell to having a sale pending sticker up on the sign. Things went very fast.

In the meantime, we were looking for another home. I looked obsessively online and found one that was perfect in every way, but it was priced too high for our budget. My husband (and Nancy) encouraged me to just look at it. We did and boy, did we fall in love. The house had been for sale for over a year and already had three previous offers that had all fallen through. Our family believed that it was “meant to be” and we entered negotiations with the sellers. In this market, we were nervous that there would be competition among other people trying to buy the home, but we didn’t have any. We literally wrote our offer and with only a bit of back-and-forth, our offer was accepted. And the best part? We came in UNDER the selling price. There were so many things that lined up during the process that told us that we were supposed to go forward with this home. With Nancy’s quick thinking and expert negotiation, she was able to help us buy our dream home. We just surpassed the one-year mark living in our dream home and almost weekly, we say “we can’t believe we live here!” This house is truly a gift and something we will treasure for many years. 

Nancy can tell you that I asked probably 5,000 questions during our time working together. She was more than patient with me and explained everything in a way that I could understand it. We highly recommend her to any of our friends or acquaintances that are looking for a Realtor in the area. There is no one like her and we credit much of our story to her willingness to walk alongside us while we explored and tested out our options. We are so thankful!

I love being part of the ‘story’ of different clients—moving from a condo to a house, moving from acreage to in-town, moving into the area, moving out.  Give me a call if you would like to talk to me about being part of your story.

** I conduct business in accordance with all federal, state, and local fair housing laws. It is our policy to provide housing opportunities to all persons regardless of race, color, religion, sex, familial status, handicap, national origin or sexual orientation. **

Posted on June 5, 2017 at 4:01 pm
Nancy Johns | Category: Home Buying Tips, Selling Your Home | Tagged , , , , , , , , , , , , , , ,

Important Factors to Consider When Choosing a Home

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Purchasing a “dream” home is something that people usually plan many years for. For some, it has been something they’ve envisioned since they were young children and buying a dream home is on their bucket list. Whether it’s a historic Craftsman-style home, a modern loft, or a country escape with acreage, there is a home out there that will fit your needs and line up with those dreams that you’ve had of choosing a home to live in for many years to come. So, when it comes time to start shopping for a home, here are some important factors to consider:

Factor #1: Price range
Did you see a 3,000 square foot home on the river and decide that it might be your dream home? Don’t get too ahead of yourself, because you’ll first need to figure out what price you are prequalified for. Once you know your exact budget, then you can start shopping and get excited about finding the perfect home!

Factor #2: Style
Most people that are looking to purchase a home have a pretty good idea of styles and designs that they do and do not like. For example, do you want separate rooms for everything or do you like open concept living? Think about what you want now, but also what style of living will fit your lifestyle five or 10 years down the road. When you’re browsing homes online or viewing them with your Realtor®, take note of home features that you must have or those that aren’t as big of a deal. It will make the process of finding your new house easier in the long run.

Factor #3: Age
Do you want a home that has older vintage charm or something that’s new, up to code and requires no work? There are benefits to both, so determine which one is right for you.

Factor #4: Location
Do you want to be away from the epicenter of things or do you want to immerse yourself in the hubbub of the city? Do you want to be close to public transportation or able to walk to restaurants or other businesses? What school district do you want to be in? Many people put schools first in their home search, but this could end up being an error in the long term scheme of things. If you compromise your home wish list just to be in a specific school district, you may end up disappointed later down the road. 

No matter what you’re looking for, finding the right house that fits your needs can be done! Contact me to help you start the necessary steps toward home ownership!

Posted on July 5, 2016 at 11:55 pm
Nancy Johns | Category: Home Buying Tips, Selling Your Home | Tagged , , , , , , , , , , , ,