Buying a home will most likely represent the largest financial investment you will make during your lifetime. Finding the right home requires knowledge, patience and determination. An expert at bringing buyers and sellers together a Real Estate agent is also informed about financial methods that allow prospects to become home owners. Real Estate agents can be helpful to buyers because they are knowledgeable about their markets and they have access to multiple listing services which publish directories of all properties listed in a particular market. As a Buyer, when you work with a real estate agent, he or she will consult the multiple listing directory and determine which properties are available that meet your specifications, saving you endless time searching on your own.

After meeting with you and evaluating your needs and wants, and establishing a purchase price which is affordable for you, we at Dickman Realty will constantly be searching for that particular home that is just right for you. We can also provide you with information about school systems, tax rates, water and sewer charges, public transportation, and other concerns that might affect your decision to buy in a particular area.

Once you have made a decision to purchase, Dickman Realty will provide you with a list of comparable properties which have sold in that particular neighborhood. This list will include such items as: original asking price, selling prices, number of bedrooms and bathrooms, room sizes, lot sizes, etc. we will establish a market value to prevent overpayment of the house you wish to purchase. We would then assist with the preparation of the purchase agreement and the negotiation process should your offer not be acceptable to the Seller. This is all done with you in mind, with our goal of helping you achieve the best purchase price possible.

When you submit your offer, you should be prepared to make a deposit. This deposit is referred to as “earnest money” and it is given as a show of good faith on your part that you are sincere about your offer. This money is deposited in the Broker’s Escrow Account and if the sale proceeds, the amount of earnest money you put down will be deducted from the amount you owe the Seller at closing. If the Seller rejects your offer, or if the sale falls through because one of your contingencies is not satisfied, your earnest money will be returned.

Contingencies are another important part of your purchase agreement. Contingencies are conditions that must be satisfied or you will not be required to go through with the purchase after your offer is accepted. For example, most buyers specify that their Purchase Agreement is contingent on their ability to obtain satisfactory mortgage financing.

Other contingencies include: