Buyers
The Home Buying Process
Buying a home is a big step! Whether you're buying your first home, your dream home, or your tenth investment property, yours will be a big investment. We know how important this is to you, and we have an army of experts to make sure we find the perfect property for your unique circumstances. We know the market and love real estate, and we'll educate you throughout the buying experience.
Finding the perfect property is just one way we can help you with your real estate purchase. As real estate agents, we have ongoing access to experts in every related field from lending to relocation.
- Initial Meeting and Consultation
- Timing analysis
- Your dream home
- Get pre-approved by a lender
- Set up a search on the MLS
- Look at properties on the online portal
- Go tour properties that you like
- Run CMA on potential winners
- Put it an offer
- Go under contract
- Make initial escrow deposit
- Begin the inspection process
- Negotiate repairs/credits
- Appraisal
- Review title and lien search
- Get final loan approval
- Final Walkthrough
- Close!
Home Buying Process
Buyer Consultation:
- Introduction to the buying process.
- Timing analysis to align with your needs.
- Discussion about your dream home and essential features.
- Financial aspect overview with lending partner recommendations.
Searching for Homes:
- MLS search set up for personalized home listings.
- Daily email updates with property listings.
- Initiate pre-approval process with necessary documents.
Touring Homes:
- Set up tours for selected homes.
- Use a survey to track likes and dislikes.
- Narrow down top choices and continue the search.
Making an Offer:
- Evaluate comparable home sales for a fair offer.
- Discuss and determine offer terms (EMD, closing date, inspection period, loan approval period, additional terms).
- Craft a competitive offer aligning with your needs.
Offer Terms:
- EMD: 1%-2% deposit for a serious buyer.
- Closing Date: Typically 30 days with financing, 15 days with cash.
- Inspection Period: Usually 10 days for property inspections.
- Loan Approval Period: 21-30 days for final loan approval.
- Additional Terms: Discuss and consider other contingencies or terms.
Under Contract:
- Officially under contract after offer acceptance.
- Initiate earnest money deposit (EMD) with the title company.
Inspection Period:
- Conduct inspections, negotiate repairs/credits.
- Contract cancellation option within the inspection period.
Loan Approval Period:
- Work closely with the lender for final loan approval.
- Appraisal to ensure the home value aligns with the contract price.
- Obtain home insurance and flood coverage if necessary.
Title and Lien Search:
- Title search confirms legal ownership.
- Municipal lien search recommended.
- Survey ordered to check for property encumbrances.
Closing:
- Receive closing disclosure (CD) and ALTA statement.
- Review and wire transfer final funds.
- Complete paperwork, become the new homeowner, and enjoy your new home!
Our Testimonials
David Kassala
2024-02-01
Fantastic, very courteous, and Musina goes above and beyond expectation for her clients!
Moussa Wone
2024-01-28
When we first met Musina, she explained that her job is to service our needs. Every time we viewed a new property Musina would provide us with a thorough and honest assessment.
Musina is very patient and always picks up your call no matter what time of the day.
Musina also led us through multiple rounds of negotiation to get to a price we were comfortable with. In the end we found the property that was perfect for us.
Frew Dejene
2023-10-24
Absolutely an amazing relator you could find in DMV. Very reliable, trustworthy and responsible person who can get you what you’re looking for through easy process helping you make the right decision. If you get a chance to work with her, then you are in the right track to your goal whether it’s selling, renting or acquiring your dream home.
Amanda Carter
2023-07-08
Musina is an angel; we’re convinced! We’ve met many relators, who gave us bad vibes, but meeting Musina was different. She’s kind and genuine with a big dose of integrity. We’re 1st time homebuyers and she patiently guided us through the process, and also hooked us up with an awesome loan officer. We’re so grateful for our encounter with her and you’ll feel the same way.
She gets a 10 out of 5 from us!! ⭐️🥰
THANK YOU!!!
Aminat Said
2023-07-04
Musina is the most amazing and kind realtor whom you could work with😍She has a lot of patience, she never rushes, and is also very responsive and passionate helping you to get the exact house you want. Also she and her colleagues are the best team to make the process easy and fast. I have no enough words to thank you Musinaye!
Sea Abe
2023-04-27
Knowledgeable, friendly and supportive! We loved working with her. She made buying a home a breeze! I recommend Musina to anyone buying a house around DMV!
Yodite Gobaw
2023-04-25
Would highly recommend working with musina this was our first time buying a home and musina made it easy. She takes her time to answer all our questions, and stays on top of our calls or emails. We couldn’t have found a better realtor company. Thank you musina
Mamush Zeleke
2023-04-22
Look no further for the most knowledgeable, caring and hardworking realtor in DMV. Musina goes above and beyond and we could not have asked for a better realtor. Their entire team has exceptional customer service. We highly recommend Musina!
