CONGRATULATIONS!  You've made the decision to buy a home... now what? Here are a few steps to  

   guide you through the home-buying process, whether you are a first time or experienced homebuyer.

   Select a Real Estate Agent

    If you are serious about buying a home, it makes sense to work with a

   Preparing and Marketing Your Home.  

    How your home looks to potential buyers has an immense impact on how quickly and at what price your   

    home will sell.  We  look at your home through the "buyer's eyes" to help you prepare it for showing  inside

    and out.  Once the house is ready to show, we work with you to establish a marketing strategy that will 

    attract qualified buyers. 

   Selling Your Home. 

    Selling your home begins when the buyer makes an offer and ends at closing.    The professionals at

   Texas Home Source will monitor the entire process to make sure things proceed as smoothly as possible

    from beginning to end.

The Offer. Once an offer is received we will present it to you along with an estimate of your closing costs and net proceeds, so you can make an informed decision.   

 

Escrow. Once an offer is accepted, the contract and earnest money are deposited with the escrow agent, who will then open title.

 

Inspections, Appraisals and Surveys.  The buyer (at buyer's expense) will usually hire a professional inspector to thoroughly check the condition of the home.  The buyers lender will begin assembling the loan package which may require an appraisal and survey be done on the home. 

 

Closing and funding.  The closing is where ownership of the home is officially transferred to the buyer.  Once the title company/closing office has received closing instructions and documents from the buyer's lender, they will schedule a time to close and prepare the Settlement Statement (also referred to as a HUD-1). Once all parties have signed the closing documents, they are returned to the lender who reviews the loan package.  If all the forms have been properly executed, a check is issued to fund the loan.   Once the loan has funded, you will your proceeds from the sale.  The title company/closing office will record the document necessary to transfer the property into the new owner's name.  Escrow is now officially closed and your home is SOLD!

Texas Home Source  

8235 Shoal Creek Blvd  

Austin, TX 78757  

P: 512/371-0267  

F: 512/371-3681  

info@txhomesource.com