Buying A Home, What You Need To Know
Buying a Home? We are here to help you purchase your new home.
So many choices!
- What can I afford
- What is available in my price range
- Is the home a good buy at this price?
We are here to assist you in finding you a home. As Realtors, we have worked with buyers since 1998 helping them find the home to meet their needs and dreams!
What do I do first you might ask? Think about how much you want to spend on your new home…are you purchasing it with cash or are you obtaining a mortgage? For mortgages, how much will you feel comfortable spending each month? If you are obtaining a mortgage, we suggest that you contact a Mortgage Broker and get pre-qualified, that will determine how much you can spend on your dream home! If you need suggestions on Mortgage Brokers check out the bottom of this page
Now, how involved do you want to be on the home search….you can be totally involved or not at all…its up to you. We have worked with clients at both extremes. If you want to be involved, we suggest that you use the real-time MLS for your searches, since some of the other real estate sites out there are only updated on a monthly basis. Don’t want you wasting time looking at homes that have already been sold! You can use the same MLS that we use simply by clicking here. Once you have registered (suggested), you can rate the homes and we will be able to know which homes you like, and which ones you have given a thumbs down!
Before we get to the fun stuff, looking for homes, we would like to meet with you for about an hour, to go over your wants and needs, your time line, and go over the process of purchasing a home. That way when you find your dream home, you will be armed with the knowledge you need, know the forms, and feel comfortable making an informed decision.
See what my clients have to say!
“If you are moving to the great Phoenix area we recommend Bill Gemmill. Hands down, there is not a better realtor in this country. He is well prepared every day, has wealth of knowledge and has to be the easiest person to get along with that we’ll ever meet and is not a pushy salesman. He is the most honest person you will ever meet, it was a pleasure working with him, we can’t say enough good things about him."
Jeff and Milka Love
“Bill is the perfect realtor to have on your team. He learns your tastes quickly, and is fast at finding homes that fit precisely what you’re looking for. He’ll be there every step of the way, from offer to escrow to closing, and he has the contacts and experience to make the process go smoothly. You will love working with Bill Gemmill!”
Michael R Set & Jeanine M L’ecuyer
We want you to make an informed decision. While we are experts on the buying and selling of homes, we are not construction experts and we cannot tell you all of the facts of a certain area, Greater Phoenix is too big to know everything!
There are three important documents that we want to share with you. A general buyers information disclosure, a Stigmitized Property Disclosure to advise you about certain activities/conditions that we by law do not inform you about on your potential home purchase, and the last one is the Buyers Advisory that gives you the ability to research almost any information you might need to make an informed decision.
Financing Your Purchase, or Cash?
If you are not paying cash for your home, you will need to obtain a loan. The lender will provide you with a Loan Pre Qualify form that will tell you the approved amount, what type of mortgage, and the name/address of the mortgage company. This document will need to be signed by both the Mortgage Company and buyer. Effective July 1, 2010 all non-bank Loan Officers must be licensed by the State of Arizona to close loans. Please ask to ensure your loan office is LICENSED! New regulations that went into effect Oct 2015 require mortgage lenders to give you advanced notice of finance charges in writing. Some lenders that we work with that might be able to help you obtain a mortgage: