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Choose the Best Buyer’s Agents in Houston, Texas

Do you daydream about owning your own home so nobody can ever tell you that you have to move out, ever again? Have you ever vowed that you will never give up another beloved family dog for a rental? Or, promise your kids they can still stay in the same school, only to find out that rents have gone up in the neighborhood, and you can’t find another reasonable rental within the school district?

We are the best buyer’s agents to work with because we understand why home ownership is so important. Experiencing the freedom, stability and benefits of home ownership is life changing. We promise to deliver you out of renting, and guide you safely into owning a home of your very own, to build a life in.

Your can trust us. Your purchase contract is negotiated as if it was our own. That’s why we rank in the top% of buyer’s agents in the Metro area. We are expert negotiators; helping, educating, negotiating, and caring!

You Get More When You Choose Us

Buyer’s Premier Program:

  1. Free Upgraded Home Warranty at closing OR reimbursement for your Home inspection cost (up to $375.00 value.)
  2. Free Subscription to automatic email updates of available homes coming on the market.
  3. 1% Rebate back to you when you hire us to represent you in your purchase and sale of existing home! (Rebate based off lowest sale price)
Why is Getting Pre-Approved for a Home Loan Important?

Steps to buy a house

1. Write the Contract

Buyers write an offer with the guidance of their agent; their agent submits it to the seller’s agent, sometimes along with proof of funds (bank statement), pre-approval letter, and an introduction letter. When the seller accepts an offer and a contract is signed; the escrow process begins.

2. Earnest Money Deposit

The buyer gives a deposit called earnest money. The earnest money is deposited with; the seller’s real estate brokerage, or an escrow agent, or an attorney - depending on the contract. (The seller does not get the earnest money deposit at this stage.)

3. Option Period

Additionally, a small amount of money (less than 1,000.00) is given in exchange for a period of about 10 days usually, in which the buyer buys the right to change their mind(s) and exit the contract for any reason, still recovering their earnest money deposit. This is window of time is called the option period.

4. Disclosures

The buyer receives, reads and approves disclosure paperwork provided by the seller. These documents disclose any issues that the house or property itself may have. Anything materially affecting the value of the property should be noted in the disclosure forms. Disclosures are also used to let buyers know about prior improvements, repairs or potential environmental hazards.

A common disclosure form buyers receive is called the, Seller’s Disclosure of Property Condition. Typically it is provided on the day the contract is signed, or even the day before. Sellers often times see this as a good move because then buyers can factor the disclosed items, into their contract price

5. Buyer’s Inspections

Next, buyer’s inspections are performed on the property. Unlike other states, Texas really does not have a formal inspection contingency written in the contract. Because of this, the option period is used a lot like a contingency period; giving buyers the time to inspect the property, before their right to withdraw without penalty expires.

The types of inspections vary by property type and situation. In Texas, common inspections include a home inspection by a licensed home inspector, and additionally a termite inspection.

6. Repairs

Based upon the outcome of inspections, buyers may ask the seller to do repairs. Buyers may also ask for a closing cost credit or for a reduction in the sale price. Sellers can respond in one of three ways: Agree to all of the buyer’s requests, offer a modified solution to the buyer, or decline to make any concessions. In response, the buyer also has three options: Continue to negotiate, accept the seller’s response, or exit the transaction. If you decide to exit the transaction, be sure to do so before the option period expires so you can get your earnest money deposit back!

7. Home Warranty

The buyer may also negotiate for a residential service contract, otherwise known as a home warranty. This warranty policy covers major appliances in case of failure and some other property related potential issues, depending on the scope of the service contract. The warranty typically lasts for one year and can be renewed annually.

8. Financing Contingency Removal

On the specified date written on the financing addendum to the purchase contract, buyer removes the financing contingency, (loan contingency).

9. Appraisal

The mortgage broker or lender orders the appraisal next. The lender doesn’t select the specific appraiser however, appraisers are chosen by an appraisal management company. Even though the appraiser cannot be specifically chosen, he lender can reject the appraiser.

If the appraisal value comes in lower than the price agreed upon, the lender can require the buyer to increase their down payment to account for the difference between appraised value and loan amount. Or, the purchase price may be lowered to align with the appraised value.

10. Title Commitment and title insurance

The title company examines the quality of the title and any findings from the property survey that is provided (if there is no existing property survey, one will likely need to be done). If everything is in order, a title commitment and title insurance is prepared, certifying that the title is free and clear and ready for transfer to another owner.

11. Homeowner’s insurance

A homeowner’s insurance policy is purchased (or evidence of homeowner’s insurance currently in place by way of association dues is provided), and proof is provided to the lender.

12. Hazard Insurance

This type of insurance may be required by the lender to protect the property from things like fire, and storms. If the home or property is located on a documented flood plain, then specific flood insurance may be required.

13. Wrapping up the loan process

Buyer’s lender sends final loan documents to the escrow agent. Then the final closing date is scheduled.

14. Closing documents to sign

The closing itself convenes at the escrow office (or sometimes the title company office). Customarily, the seller signs their documents first. Buyer will have more to sign than the seller because they sign closing documents, the HUD-1 and their final mortgage loan documents.

15. Down payment and closing costs

Buyer pays the remaining balance of their down payment and closing costs owed. These funds are given to the escrow agent / title officer via cashiers check.

16. Deed recorded and house bought!

The deed gets recorded with the necessary municipality and the sale transaction is complete! Buyer gets keys to their new home and officially takes possession of the property!

Tips: What to avoid during your home buying & home loan process.

  • Changing jobs
  • Applying for a new car loan / lease
  • Applying for any new revolving credit accounts
  • Co-signing for anyone on anything
  • Taking on any type of new debt

Want to know what to expect during the homeloan process?

Click here to see the Steps of the Home Loan Process

What are the costs of the loan itself?

Why You Need to Work with A Buyer’s Agent

Until a few years ago all real estate agents in Texas represented the seller of a property. Even the buyer’s agent was considered an agent of the seller!

Texas law does not allow one agent to represent both the buyer and seller. If or some reason, a buyer really wants to work directly with the seller’s agent, that agent’s broker must establish an intermediary situation, which Texas law controls very closely.

Today, buyer’s agents are specifically bound by contract to keep the interests of the buyer their sole concern.

Simply put, it’s in the best interests of the buyer to have their own specific representation when buying a home. This way the agent can focus solely on the objectives and desires of the buyer, and zero in on getting the buyer the best deal possible.

How to Start Your Home Search

We would love to talk with you and find out we can make your dream of home ownership, a reality! No pressure, no obligation. Just help and a smile.

What are the costs of the loan itself?
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