to be your Real Estate Agent for buying, selling, or assisting on real estate in
and around West Baden Springs, French Lick, Orange County and surrounding areas.
If you are looking for Patoka Lake property, and we do not have what you are looking for,
allow me to assist as a Buyer's Agent to search with your criteria
and show what is
available in and around the area and where via
Easy Steps to Buying a House
buying is a very important financial process in your life.
Following are guidelines in procuring your home and equity in your
Do you have what it
Whether you're a first time homebuyer or you're ready to upsize or
down size, buying a house is based on your ability to take on the
financial responsibility and commitment of a home mortgage, if that
may be the case.
Getting pre-approved for a mortgage is a high priority.
3. Looking at homes
and selecting a Real Estate Broker in your area.
To obtain a mortgage for the purchase of a home, the best place to
start is to schedule an appointment for the approval process with a
mortgage lender. A mortgage lender will work with you to see if you
qualify and what price range you may be able to afford, so
you can begin your house search.
Searching the internet for "homes for sale in 'your' area" will
give you an idea of what is available and information on location,
price, bedrooms, acres, etc. Calling a well known local real estate
agency is also a less stressful method by giving them your criteria
of what you would be looking for and the price range you would be
comfortable in purchasing. Let them do the research and work for
you. They will assist and represent you in every aspect of the home
4. Making an offer.
After you have found the home you would like to purchase and would
like to make a written offer, a purchase agreement can be written by
your representing agent so it can be properly presented to the
seller. All terms such as price, method of payment, taxes,
possession, earnest money, and any further conditions, etc, will be
specified in the "contract to purchase" for submission to the
seller. Any negotiations or counter offers will be properly
presented back and forth until both parties are in full agreement.
5. Accepted offer
When both parties have come to an agreement, the purchasing
process will proceed towards an established closing date specified
on the purchase agreement and coordinated by your lender and real
estate agent. Additional processes, such as inspections and
appraisals, may be conducted to verify that everything is to your
satisfaction and meet the requirements of your lender, giving you
the comfort and satisfaction of purchasing a solid valued home.
After this, complete title search work is performed to insure you
have a clear and legal title commitment, and you can then proceed
with the purchase of homeowners insurance for you new home.
All ends well with the closing process and all parties involved
come together to review and complete the real estate transaction. It
is typical in this area for possession to be within 30 days from the
date of closing; however this varies with each individual situation.
When your "possession date" arrives, you get the keys to your new
home and you're ready to move in! Enjoy!
Licensed Real Estate
Broker of Indiana
Wayne Ferguson Agency
Check out the listings below
to be connected and
get current updates and new listings!