The Home Buying Process

Your Home Search Checklist:

The Step-BY-Step Process of Purchasing Your Home

  • Selecting your John L. Scott agent
  • Home search, researching the market
  • Determining what you can afford/loan pre-approved (not pre-qualified!)
  • Negotiation/preparing the purchase and sales agreement 
  • Transaction process (see where you are in the process with your online transaction number and me)
  • Possession of property
  • Property transfer services
  • Moving
     

Elizabeth offers:

  • Personalized service
  • Trusted relationships
  • Knowledge of the market and community
  • Expert negotiation skills
  • Knowledge of the transaction forms and finance options
  • Instant and continuous communication by phone and email
  • Assistance with moving needs

When you choose Elizabeth as your John L. Scott agent, information is available instantly.  She provides you with the industry's leading technology and customer service, allowing you to get comprehensive information about homes on the market, take tours of these homes in person, and get information as new homes come into the market.

Elizabeth provides referrals to experienced lenders who will help ease your purchase of a home.  Listen carefully to your needs and desires for your new home, and then, within your price range and specific areas, identify those properties meeting the criteria.  She will answer your questions about the process of buying a home, including your loan options, inspections, the purchase and sale agreement, escrow, title insurance, homeowner's insurance and any other related items.  As your agent, Elizabeth will advise you on strategies for making an offer, depending on the information available to us about a particular home and market conditions, draft the purchase and sales agreement on the property you choose to make an offer on and present the offer to the listing agent.  Elizabeth will meet with the seller(s) and the listing agent to negotiate any variables on your behalf as soon as possible, on weekends and evenings if necessary. 

When an offer is accepted, attend the inspections with you, see that the paperwork is processed properly and submitted to the necessary parties.  Elizabeth will also provide information and maintain contact with the listing agent, lender and escrow agent.  You will be able to track the process through me and online with our transaction agent.


Get started by searching:

www.johnlscott.com/elizabetharganian

Home delivery allows you to enter your personal search parameters, including location and price range, and receive e-mail notification every time a new property comes onto the market that fits their criteria.

Every John L. Scott home has it's own unique web address which can be found in our ads and on our signs.  To view a home, buyers simply key in the home's individual web address and they are instantly on an online tour--complete with color photos, virtual tours, mapping, audio descriptions and more.  This service has earned John L. Scott a nomination for a National Internet Innovation Award.

 

The Multiple Listing Service is a comprehensive resource that allows me to access detailed information about homes on the market that you are potentially interested in viewing.  I will also hear about houses that are about to come on the Real Estate market, so you always have the most current, up-to-date information.

Contact Elizabeth with questions regarding home ownership.   

First-time Homebuyer Resources

 


These articles and calculators provide information and ideas for the prospective first-time homebuyer to consider. For an introductory article, see Buying Your First Home

 

Resource Type Description
Affordability Calculator How much can you afford?
Rent-Buy Calculator Rent vs. Buy analysis
Qualification Calculator See how large a loan you might obtain
Find a Local Lender Search Tool Find a local lender and track your loan online.
Time to Buy? Article Is Now a Good Time to Buy?
About Prequal Article How lenders do prequalification
Credit Reports Article What to do with your Credit Report
Books Article The best books for first-time buyers
No Money Down Article No Money Down Flame War
Ric Edelman Bunk Article Mortgages: Is Bigger Better?
Scams to watch for Scams Credit doctors, straw buyers, and other scams
Keys Article The Keys to Getting the Right Mortgage
Formula Article Formula for financial analysis
Arithmetic Article The Stock Market and Arithmetic
Stocks Article Compares buying a house with buying stock
Afford Article Figuring your budget as a homebuyer
Closing Costs Article How to figure closing costs
APR Article What the Annual Percentage Rate tells you
Contacts List Affordable housing agency contacts
Foreclosures Article Rewards and Risks of Buying a Foreclosure
InspectAmerica Web site Learn about the home inspection process
MGIC rate card Table Mortgage Insurance Rates (Acrobat file)
Mortgage Insurance Article How to buy a home with less money down
VA loans Service Low money down loans from the Veterans Admin
HUD Agency buying a HUD home, FHA premium refunds, etc.

                                        

Elizabeth Arganian

(206) 269-2262

elizabetha@seattleurbanhome.com
www.johnlscott.com/elizabetharganian




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John L. Scott/Seattle Center
2601 4th Ave. Suite 100 • Seattle, WA 98121
Phone: (206)448-9600 •