Informed Home Buying
Get the Assistance You Need From Start to Finish
Outside of buying the home itself, the most important decision you'll make when house hunting is selecting the person who will represent you in the search.
At C. R. Realty, our job is to support you throughout the process and to find the right home with the best possible terms. We'll keep you fully informed regarding all the various activities that need to happen and familiarize you with the documents and procedures you will encounter.
From viewing to escrow to moving in, C. R. Realty is your premier choice in Realtors®.
How to Select a Realtor and Get the Best Results
When you're deciding on a Realtor, you want to be sure you get a true professional.
- Knowledgeable about the communities you're interested in
- Aware of the complicated local and state regulations that affect your transaction
- Experienced and effective in multiparty, face-to-face negotiations
- Highly-trained with access to programs for continued learning and additional certifications
- Comfortable with and focused on technology that works for your search
- Supported by professional legal counsel
Why You Should Pre-Qualify for a Home-Buying Loan
Pre-qualifying for your home loan before you start your search offers several advantages.
- Determine your price range
- Understand the kinds of loans available and which ones you qualify for
- Know what your monthly payment will be
- Estimate your down payment and closing costs
Get Help Understanding the Financing Process
Once your sales associate from C. R. Realty helps you select a mortgage lender, we will walk you through the next steps.
- Application
- Once the pertinent documentation is obtained, fees and down payments will be discussed. You will receive a Good Faith Estimate (GFE) and a Truth-in-Lending statement (TIL) that itemize the rates and associated costs for your loan. You also will be asked to provide certain documents to your lender so your loan can be processed quickly and efficiently.
- Loan Submission
- When all the necessary documentation is received, your completed file is submitted to a lender for approval.
- Loan Approval (Underwriting)
- Loan approval, also called underwriting, generally takes from 24 to 72 hours. All parties are notified of the approval and any loan conditions that must be received before the loan can close.
- Closing
- Once all parties have signed the loan documents, they are returned to the lender. If all the forms have been properly executed, the lender sends the loan funds by wire transfer. At this point, the borrower finishes the loan process and actually buys the house.
Helping You Find and Choose the Right Home
You and your C. R. Realty sales associate will establish the criteria that are most important to you in buying a new home.
- Location
- Bedroom count
- Bathroom count
- School district
- Amenities
We know this area extremely well and will apply our community knowledge and professional resources to locate available properties so you can view the homes that best fit your expectations and requirements.
At the same time, you may browse the internet on your own and find a property that interests you. Just let us know and we'll set up a showing.
We understand that as you view a range of properties, your criteria may change. Again, let us know what you're thinking so we can work together for a successful search.
Putting Together an Effective Offer on the Home You Want
Once you locate the home you want to buy, we'll apply our expertise and research skills in helping you structure an effective offer.
It's at this point that our multiparty negotiating skills come into play. The seller has the option of accepting your offer, rejecting it outright, or counteroffering, and your sales associate will continue to negotiate the best possible terms in your favor.
Once the terms have been settled, we'll draft the purchase agreement, advise you of protective contingencies, customary practices, and local regulations that may affect your purchase. Home warranty, title, and escrow arrangements will also be detailed.
Remember that, although we will give you our best advice and information, you have the final decision regarding the exact price and terms you wish to offer.
Managing the Escrow and Waiting for the Paperwork
Once your purchase agreement is accepted and signed by everyone involved, we'll open escrow for you and deposit your earnest money. Escrow is the third party that receives, holds, and distributes funds in a property transaction.
In the meantime, we'll be ensuring all contingencies are met.
- Approval of the Seller's Property Disclosure Statement
- Approval of the preliminary title report
- Property appraisal and loan approval
- Property inspections
- Pest inspections and certifications
- Acquisition of homeowner's insurance
Closing Escrow and Moving Into Your New Home
Closing comes after all the purchase agreement conditions have been met.
- You'll sign your loan documents and closing papers
- You'll deposit the balance of your down payment and closing costs in escrow
- Your lender will deposit the balance of the purchase price
- The deed will be recorded at the County Recorder's office
- You'll assume ownership of the home!
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C. R. Realty5604 1st Street Suite #101Katy, TX 77493
"Chad is an amazing realtor! He’s is very knowledgeable and very helpful! As first time buyers we had lots of questions and Chad was always glad to answer. I would definitely recommend him to anyone that’s wanting to buy or sell there home!"
Feedback on Barker Park Court 11/12/2017
Have one of our agents contact you with more information on selling your home!