East Side El Paso street

Section 02

Shopping For Your Home

This is the fun part. Before you start searching, think about what matters most to you. Very few homes check every single box, and knowing your priorities makes it much easier to recognize the right home when you find it.

Things worth considering:

  • Location
  • Price range
  • Bedrooms and bathrooms
  • Square footage
  • School districts, if important to you
  • Commute
  • Yard size
  • Garage or parking
  • HOA
  • Property taxes
  • Age and condition of the home
  • Neighborhood amenities

It helps to sort your list into three groups:

1

Must-Haves

2

Nice-To-Haves

3

Deal Breakers

New Construction vs. Resale

Both can be great options.

New construction

  • Brand-new systems and appliances
  • Modern layouts and finishes
  • Builder warranties
  • Potential builder incentives
  • Fewer immediate repairs

Resale homes

  • Established neighborhoods
  • Mature landscaping
  • More information about how the area has developed
  • Potential opportunities to negotiate
  • Existing upgrades or improvements
If you visit a model home, remember that the salesperson working in it works for the builder. You can still have your own REALTOR® helping you through the purchase and looking out for your interests.

Making An Offer

When you find a home you love, I can help you prepare an offer. An offer includes much more than price. It can cover:

  • Purchase price
  • Financing terms
  • Earnest money
  • Option fee and option period
  • Closing date
  • Seller concessions, if requested
  • Items included with the property

Once an offer is submitted, the seller may accept it, reject it or counter it. I will help you understand your options and negotiate the terms.

Earnest Money & The Option Period

Earnest money is money delivered according to the contract that demonstrates your commitment to the transaction. If the purchase closes, it is generally applied according to the terms of the contract.

The option fee is a separate amount paid for your unrestricted right to terminate the contract during a negotiated period of time.

The option period gives you time to further evaluate the property. This is usually when inspections happen, when you review the findings and when you decide how you would like to proceed. These deadlines are extremely important, so I will help you keep track of them.

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