Brian Phillip Real Estate

I am relentless about helping my clients realize their dreams, so that at the end of the day you can emerge with a house you're proud to call home, and the confidence you made the right decision.

YOU BEGIN WITH A VISION, I FACILITATE THE DREAM

Buying a new home can generate a lot of emotions and may seem a bit overwhelming. I'm here to consult and guide you through every step of the way to ensure an effortless and enjoyable process. You begin with a vision, I'll help facilitate the dream.

 

 

READY TO TAKE THE NEXT STEP?

LET'S WORK TOGETHER!!!

Would love to hear how I may help with your real estate adventure.

Brian Phillip Real Estate Buyers Sellers Living Room

WHERE DO YOU BEGIN?

Whether you’re ready to buy or just starting to think seriously about buying, there’s a lot you can do to prepare. With so much information available it can be hard to know where to begin, so here are a few things to help you get started.

Step one to getting ready to buy a home is to figure out your budget. The best way to do this is to meet with a mortgage professional, who will review your income, assets, and credit history in order to pre-approve you for a loan. Not only does getting pre-approved allow you to narrow your home search, but it also makes your offer stronger when it comes time to buy. If you don’t currently have a lender, I would be happy to recommend one.

Imagine your ideal home then make a list of everything you envisioned, such as the number of bedrooms and bathrooms, the style of home, and the location. Afterwards break the list down into high-priority items you can’t live without and lower-priority things that would be an added bonus. This will help you figure out what your new home will look like.

Once you know what you can afford and what you want in a home, it’s time to start your search. And the best place to start is online. Consider setting up a MyWindermere account so you’re notified when a new homes come onto the market that match your search criteria. Also, I can send you potential homes and take you to tour them in-person once you’re ready to. In the meantime, if you want some inspiration, you can peruse the pages of Windermere Living Magazine.

I take my responsibility of helping my clients through the buying journey very seriously. This is probably one of the largest financial purchases you’ll ever make, so it's critical to have a full-service professional who understands the market and navigate you through the buying process. During this journey I will be there to guide, counsel, advocate for you every step of the way.

 

 

 

 

 

You're ready to buy, what now?

When it comes to buying a home, for some, the process can be quite intimidating. What often fuels the desire to buy is imagining moving in, building a life there and making it your own. It's not having a knowledgeable expert navigating you through this process that can lead to stress.  As your Trusted Real Estate Advisor I will guide you through this process, and here's steps of the process. 

STEPS TO CLOSING

Brian Phillip Real Estate Closing Process

When we first meet we will take some time to get to know each other. During this time I will also go through a "10-Step Buyer Process" where I go through a preset questionnaire to help identify features and benefits you are looking for in your ideal home. Doing this helps not only find "what" you are looking for, but also the "why". When I'm able to understand the reasons behind what you're looking for, the better equipped I am to help you.

This is where the fun begins! Based on the information gathered during our initial consultation, I will put together a selection of homes that meet the parameters you're looking for in a home so we can view these together. During this time you may see homes you're interested in and you may see some you're not interested in. The point of the educational day is to help you identify what you like and don't like in a home. Which only helps identify and narrow your search down.

The educational day may take from 2-4 hours, however, by the end of the day we’ll have a much more thorough understanding of what your ideal home looks like. Sometimes people find their dream home during this step, and if you do, we want to make sure you're prepared to act so you don't miss out on it. If you don't find your dream home during this time, no worries, we will continue the search and will update you with new homes that come onto the market until we find the right home for you. 

The Purchase and Sales Agreement outlines the terms and conditions of the sale and is signed by both parties. This is a legal contract the buyer and seller enter into once the buyer’s offer has been accepted by the seller. 

Once a buyer and seller reach mutual acceptance on a property, a home inspector is hired to investigate every part of the home to see if it is in need of any repairs. An inspector will check items such as the roof, basement, heating system, water heater, air-conditioning system, structure, plumbing, and electrical. Afterwards, buyers will have a chance to negotiate with the sellers to cover the costs of certain repairs or ask for concessions.

When making an offer on a home, as your real estate agent I will negotiate on your behalf in order to attain the best terms for you. This can include negotiating the price, repair costs, timelines, and contingencies.

You may already be pre-approved, but now that you’re closer to the actual purchase price, you’ll be working more in-depth with your lender on your final loan approval. During this time I will communicate with your lender to help ensure you have your loan approval and necessary documents in place to close on time.

You will receive a full report detailing the property history for you and your lender to review. This ensures there are no legal encumbrances between a new owner and the property being purchased.

Once the offer is accepted and a closing date agreed upon, escrow allows the buyer and the seller to have an outside party ensure all parts of the contract are complete. I will help coordinate the completion of all necessary forms to the escrow company and monitor the process until the transaction is complete.

At closing, all the paperwork is signed by the buyer and seller, both parties pay any settlement fees and the documents are officially recorded. Prior to closing, you'll receive a settlement statement outlining any fees which may apply to you. After closing is finalized and recorded, the home is yours!

 

 

 

 

 

BUYING 101

Understanding the language of real estate and having a roadmap for success helps make the process of moving less stressful. Here are some of the most common terms you may hear, as well as a checklist to help you get organized. If you have any questions, feel free to contact me.

 

 

 

 

 

MORTGAGE OPTIONS

Interest rates and your personal finances will influence the amount of house you can afford. That’s why it’s always good to talk to a lender before you start shopping for a home. There are a wide variety of loan programs available to buyers. I am able to refer you to mortgage specialists who will review all of your options with you.

 

 
 

CURRENT INTEREST RATES

For 7/27/2021

30 Year Fixed
3.125%
15 Year Fixed
2.25%
5/1 ARM
5.0%

For general informational purposes only. Actual rates available to you will depend on many factors including lender, income, credit, location, and property value. Contact a mortgage broker to find out what programs are available to you.