This document provides information about the home buying process from a real estate agency. It introduces the realtors and transaction coordinator on the team. It then outlines the key steps in the process, including determining needs and budget, viewing homes, making an offer, contingencies, submitting the offer, financing approval, home inspection, selecting a settlement attorney, termite inspection, hazard insurance, and final settlement. The goal is to guide buyers through the process and address common questions.

1. 6354 Walker L ane #1 00, Alexand ria, VA
6354 Walker L ane #1 00, Alexand ria, VA
877-VA-SELLS ~ AjTeamRealty.com ~ Info@ajteamrealty.com
BUYERS CONSULTATION

2. 6354 Walker L ane #1 00, Alexand ria, VA
877-VA-SELLS ~ AjTeamRealty.com ~ Info@ajteamrealty.com
Rottanak (Rot) Ouy
Realtor & Buyer’s Manager

3. 6354 Walker L ane #1 00, Alexand ria, VA
877-VA-SELLS ~ AjTeamRealty.com ~ Info@ajteamrealty.com
Allen Johnson
- Associate Broker
- CDPE
- Realtor
- Listing Manager
Dawn Knox
Transaction Coordinator

4. 6354 Walker L ane #1 00, Alexand ria, VA
LET’S GET STARTED!!!

5. 6354 Walker L ane #1 00, Alexand ria, VA
What are your
expectations?

6. MOVING IN!

7. Mortgage A pplication
• A pplication and interview
• B uyer provides financial documents
• C redit report pulled
• A pprais al for current home (if any)
• Determine your purchasing power and monthly
payment

8. MOVING IN!

9. Determine Needs & Des ires
How s oon are you moving?
# of B edrooms ?
# of B aths ?
A reas of interes t?
Dis tres s ed Homes ?

10. Dis tres s ed Homes

11. MOVING IN!

12. Previewing Homes
C lient availability to
view homes ?

13. MOVING IN!

14. Making the Offer
Offer Price & Terms Depends on:
– Length of time on the market
– B uyer activity
– Recent S olds / Neighborhood C omparables
– Urgency of the s eller

15. C ontingencies
• Home Ins pection ($)
• Financing
• A pprais al ($)
• Homeowner’s A s s ociation Dis clos ure
Documents

16. Offer S ubmis s ion
• C ompleted C ontract
• E arnes t Money Depos it
• Lender A pproval Letter

17. What happens after offer s ubmis s ion?

18. Your Offer C an B e…
A c cepted
Rejected
C ountered

19. MOVING IN!

20. C ontract A cceptance!
• Ratified in Virginia means buyer and s eller
agree to terms IN WRITING
• A nd NOW the real works begins …
• Role of our Trans action C oordinator,
Dawn Knox

21. MOVING IN!

22. Financing / Mortgage A pproval
• Proces s or
• Underwriting
• Loan approval
• Funding

23. MOVING IN!

24. Home Ins pection
• You NE E D to be there for
the ins pection
Home Ins pector's J ob is :
• 50% to find is s ues
with the home
• 50% to s how you
how you c an maintain the home

25. MOVING IN!

26. S elect S ettlement A ttorney
• Role of S ettlement A ttorney
• Title S earch Performed
• Title Ins urance

27. MOVING IN!

28. Termite Ins pection as
required by Lender
Obtain Hazard Ins urance
C ontact utility company

29. MOVING IN!

30. MOVING IN!

31. Finally Settlement!
• Bring photo ID
• Cashier’s check or wire funds to title
company
• You will be signing the Deed of Trust &
Mortgage Loan Documents

32. C ongratulations! MOVE IN!

33. Ques tions ?

34. 877-VA -S E LLS
A jTeamRealty.c om
Info@ajteamrealty.com