Analyze your wants and needs (i.e., 3-bed, 2-bath home with 2-car garage).
Meet with a mortgage broker.
Determine your purchasing power with mortgage pre-qualifications.
Review listings online. Drive by properties. Eliminate any definite “no’s”.
Visit properties with Krista
1. Select a home to buy.
2. Decide key elements of your offer, purchase price, earnest money, closing date, and down payment.
3. Write an offer with Krista.
Accept, reject, or counter.
Deposit earnest money ASAP!
Apply for a loan and work with your lender.
Schedule inspection ASAP!
Deposit down payment and closing costs.
Sign closing documents and load papers.
The lender funds the load and the title company records the deed. Get the keys! WELCOME HOME!
Provide feedback on Krista’s performance. Refer Krista to your friends and family!
Real estate purchases are often the largest financial transactions of our lives. Yet we do it so rarely that it is difficult to feel comfortable with the forms, the legalese, the players, and the whole process. Let Krista help you through this complicated, essential, and critical world.
We are not a loan officer, escrow agent, title officer, underwriter, web administrator, attorney, inspector, home repairman, city planner, pet sitter, housecleaner, magician, or mind reader. We are practicing within the limits of our license.
Your Best Resource - A Great Lender
When shopping for a lender, you should shop around for the best rates and lowest fees. But also consider who gives you quality customer service—someone who explains the financial intricacies, someone who keeps you informed, someone who is on top of details, someone who is available, and someone who remembers your name. After all, does it matter what deal you get if you can't get a human on the phone when there's a problem? Does a slightly lower interest rate matter if you can't close when you can't reach your lender?
Whether it’s your first home or if you’re an experienced buyer, purchasing a home is a complex process. By working with me, you’ll find a home in the neighborhood where you want to live, one that fits your budget and meets your goals for features, quality and value. Once you’ve found the home that’s right for you, I will guide you through the process of making an offer; negotiating the terms of the sale; getting your potential purchase inspected, repaired and appraised; and closing the sale.
Absolutely not! Unlike shopping for vehicles, you do not need the agent listing the property to assist you. You should work with one agent from beginning to end. Working with one agent will assure you have someone on YOUR side. The agent should know your likes, wishes, wants, and needs. They will give you advice on the process, the market, and the area. Then if you see a yard sign in front of a home that you think is the one, call your agent.
This is an easy answer: as few as possible. This isn't the time to bring all your friends and family along. Only bring the important decision maker(s) into the transaction.
Most importantly, make the showing adult only. We have no way of knowing if there are firearms, illegal substances, etc. in the home. Your child’s safety is very important to Krista!
Great question! Local Pullman lender Ray Wallace has an excellent information video on the subject. Check it out!
Start with a REALTOR. Real estate agents can go over the big picture process and how the financing functions with the other pieces. They can also recommend lenders that are a good fit for you. It's important to have a lender who suits your personality and your needs.
But if you have already worked with a mortgage advisor before you meet with a REALTOR, you will make the agent very happy!
Generally speaking, real estate agents do not need to know the details of your financial situation. You can share those confidential pieces with your lender. The agent will need to know your pre approval amount, what type of loan you will be using, and how much you will have for the down payment.
Generally speaking, there are three statuses for home sales: active, pending, and sold. Active means the property is for sale and is actively being marketed. Sold means the home has been purchased and is no longer available. Pending encompasses all of the phases in between to complete the inspection, the loan approval, and the appraisal, among other details specific to that purchase. So don't expect to be let in for a showing on a property listed as pending. There is already a buyer whose offer has been accepted.
If your agent is safety-savvy, yes!
Being a real estate agent comes with considerable dangers. Visit the Beverly Carter Foundation's website for more information on why realtor safety is important.
There is a difference and it is an important one. Both are paid for by the buyer. The simple difference is that an inspector works for you. They will give you a detailed report showing the status of the home. They will call out concerns and issues. Inspection reports are used to request repairs from the seller. The inspection report is yours.
An appraisal is for the bank. Appraisers are neutral experts who estimate the value of the home based on the square footage, features, and condition of the property so that, in case a buyer defaults, the bank can recuperate their money.
There are several ways to look at this question. First, let's look at it from your buyer's perspective. Let's say your agent shows you a home that you love and know it's THE one. You want to put in an offer and start talking to a lender. Then you realize that you cannot afford the home. Homebuying can be a very emotional process. Don't set yourself and your family up for heartbreak.
BEWARE! Many online loan calculators do not incorporate taxes or insurance into their monthly estimates. Although you have the option not to pay those out of an escrow and instead pay them on your own, you still owe them. They are still part of your monthly expenses.
Next, be mindful that showings take time and effort for others. Consider the time not only from your schedule, but the agent's busy schedule and the seller's schedule. Who knows the seller's/sellers' home situation? Some sellers need to kennel their animals or remove them from the property during showings. Sellers may have babies, small children, or other members of their family who need extra time and are planning to leave the house.
Lastly, a buyer's agent's duty is to bring a "ready, willing, and able" buyer. Your agent is doing their duty to confirm that you are, in fact, ready, willing, and able.
Krista stands by her word and is her clients' best advocate—whether during the home purchasing transaction or lobbying at the legislative level for homeowners' rights. Krista is respected by her colleagues and well known and well liked throughout the community.Let's Connect