The right REALTOR will help you through every stage of your transaction. So, when choosing a REALTOR, you want to make sure that they are knowledgeable about the entire process and that they are someone you can trust. At Velocity Real Estate & Investments, we take pride in listening to our clients to ensure that we cater to every one of their specific needs. With a wealth of knowledge and years of experience in the industry, we have the skills to assist you every step of the way.

After finding the right REALTOR, obtaining a projection of your loan is key. This step is an estimate of the amount of money you will be able to borrow, and it is calculated by looking at your income, assets, debt, and credit. This will allow you to know how much you can afford and what you are comfortable with when looking for a property. We work with premier lenders who can help you with this process.

This is made easy by using Velocity’s resources and through multiple MLS sources as well. In addition to these searches, Velocity Real Estate & Investments will regularly email you listings and updates on previous listings that match your criteria. We will do everything in our power to help you find a property that meets all of your needs and exceeds your expectations.

You will need to make an offer once you’ve found the right property. Velocity Real Estate & Investments will make sure that your offer covers all of the necessary details and ensures that you are getting the best possible price. We will also help you through the negotiation period from start to finish. The seller may either accept the offer or prepare a counter offer. Negotiations will stop when either both parties agree to acceptable terms, or when they decide to move on.

Earnest money is up-front funding offered by the buyer in order to let the seller know they are serious about the property. Once both parties have accepted an offer, the money is deposited into an escrow account used at the time of closing.

In order to receive a loan from the mortgage company, you must show proof of title insurance and homeowner’s insurance.

There will be a final walkthrough prior to closing the deal. The reason for the final walkthrough is to make sure that the property is left in the condition that was initially agreed upon and that all items expected to be left still remain on the property.

The final papers are signed and the small details are taken care of by your realtor. We will provide you with everything you need to know in order to close quickly.