Buying a Home

Buying the Right Home for You and Your Family
Purchasing a new home today requires an experienced and recognized professional realtor. Buying the right home is always “a work in progress” because every buyer has his or her particular needs and preferences. We understand. With over 35 years experience of helping buyers in the Greater Houston area, we know where to look and what to do to fulfill those individual necessities.
Getting to know you

In our initial conversation, we will ask you many questions. It’s our way of getting to know you and what you really want in a home. You can expedite this process. One of the first things you can do is think about all your special prerequisites in a home. Do you prefer to live nearby or away from children? Will you need a handicap-friendly floorplan? Separate in-law suite? Secret safe box? Rural acreage or urban living? Near or away from water like ponds, pools and lakes? Do you have oversized furnishings? Need a sound-proof studio? A pool with a particular depth? The list is endless but the more we know, the better and faster we can begin to narrow the search for your next home.

Getting to Know What You Need
You may also need information about child care facilities, religious worship centers, recreational areas, and more. If you do not readily have the answer to your questions, our strong resource network will help us find out.

In addition to finding the right home, TEAM MURRAY uses the Better Home and Gardens, Gary Greene relocation division to help you obtain education statistics, tax information, and other vital decision-making information. When you submit a request for relocation assistance, we will provide you with information from qualified relocation provides such as:

  • Mortgage Lenders
  • Moving & Storage
  • Corporate/Temporary Housing Providers
  • Air, Hotel & Rental Cars
  • Residential Leases
  • Facts on Selling a Home
  • Facts on Buying a Home
  • Mortgage & Closing Information
  • Our Preferred Provider Directory

Getting to Work!
Pre-qualifying your mortgage potential is important. It is highly recommended, in some cases required, that you could consult a mortgage broker before beginning the search for your next home.
We can recommend the best in the area—they are the only ones with whom I work. With so many homes on the market, time is of the essence. A mortgage broker can help narrow your search within the price range that will target your time and effort towards areas that meet both your social and economic circumstances.

Online searching of homes is one way to quickly narrow the field of homes in your price range in privacy. We can recommend you begin your search here on our www.teammurray.com website. In it you’ll find information, virtual tours, and brochures of our team’s featured listings. From our website you can also link to the Houston Association of Realtors. Regardless of w here you find the home, we can help you obtain information, take a personal tour of the home, and negotiate a purchase price.

It would be our pleasure to accompany you as you torn several homes. Sometimes you’ll find the right one within a few visions; sometimes it takes longer. As your search narrows, I will provide additional information as needed to help you make a final decision. With some many available homes, this can be the busiest and most trying time for both of us. However, we will not stop working for you until we find the right home.

Getting the Contract
Once we find the home you like, it’s time to negotiate. We’ll draft the initial contract (offer) and present it to the listing Realtor who in turn will present it to the seller. This process is our field of expertise. It may take several attempts to reach the perfect deal, or an accord can be reached within hours. TEAM MURRAY will be there for you every step of the way.

Next, we will provide you with an estimate of closing costs including the total for earnest money (1-10% of the negotiated price) that you must provide in a certified check made payable to the title company or the builder. Your personal attorney is welcomed at any point throughout this process.

Once a purchasing agreement has been reached with the seller, it’s time to complete the transaction.

Getting it Right
Timing is everything. The contract agreement will include a time frame in which you must apply for a loan and get the house professionally inspected. This option period gives you a certain number of days to get this done and send your request along with any amendment to the seller. We can provide you with a list of top qualified loan companies and home inspectors from which you can select one for the final stages of your purchase.

After the contract has been received by the Title Company, within a few days, you should receive a preliminary Title Report stating any liens, encroachments, etc. on the residence. It is imperative that you read over these documents very carefully. Ask us, or your attorney for help, if you’d like. Also necessary are certified funds for the closing, insurance for the home, pest control treatment, if necessary, and arranging for utilities. We will be actively insistent and persistent at this stage to assure you the fastest and easiest completion of the transaction.

Getting a Head Start
You can help expedite this process, too. Begin getting the following information for a mortgage loan application:

  1. Personal Data: name, address, birthday, phone number, email, government issued photo ID, social security card
  2. Housing Information: address, current landlord or mortgage company (and company contact information + loan number)
  3. Employment Information: name and contact numbers of employer(s) for the last two years (plus length of employment for each position held); if you are self-employed, you will need a copy of your federal income tax returns for the past two years and current financial statements and balance sheets; proof of other income, if applicable; and proof of wages, no more than 30 days past.
  4. Asset Information: cash, bank accounts, investments, and the two most recent statements of each bank deposit account (with bank contact information and account numbers + balances of each); proof of value for auto(s), household and personal property, and real estate properties.
  5. Debt Information:  name, address, account number(s) and balances of open accounts, including past and present mortgages
  6. Present Source of Down Payment and Closing Costs
  7. Personal Check or Check Card for Credit Report and Appraisal
  8. Veteran’s Certificate of Eligibility or Copy of VA DD214 for VA Loans

Getting it Done!
It seems like a lot of work, and it is! That is why we offer you our professional services, experiences and resources. Our team has a high repeat clientele, including referrals from our Corporate Relocation clients. It is our goal to include you in our long list of satisfied customers, referrals and friends. As a full-service real estate team, we stay very busy, but we will never be too busy to serve your real estate needs. Our hope is that we will help you find the perfect home today, and that you’ll call on us again tomorrow for any other real estate needs.

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