Home Buyer Consultation

Are you thinking of buying a home in Iowa City, Coralville, North Liberty or surrounding areas in the near future? Do you have questions about how to begin?

We offer a complimentary home buyer consultation to people thinking of buying a home to give them an overview of the home being process. It gives them an opportunity to ask questions and get familiar with the whole process.

Whether you are a first time home buyer or a current homeowner looking for another home, we know you have questions. This is as one on one session and lasts about 1 hour. There is no obligation to you and it is absolutely free.

Below is an outline of what we will cover. But, if you would like to discuss a topic not listed, just let us know. We will provide all of the information you need.

"Home Buyer" Consultation

1. Introductions
2. Buyers Goals ~ When, Where, How big, How much. Is now the right time for you to buy a home and what you need to do to position yourself for buying.
3. Working with a Real Estate Professional ~ We will explain how a real estate agent can assist you and how the industry works!
4. Working with a Financing Professional ~ We will explain what to look for and what to avoid to get you started toward choosing a mortgage professional.
5. The Home Buying Process – Time-line
6. Financing a Home – On request we will schedule a mortgage consultant to explain the following:
  • Factors affecting your ability to get a loan
  • Pre-Qualification vs Pre-Approval
  • Documentation needed to apply
  • Your Credit Report and Score
  • Credit Report and Review
  • Improving your credit
  • Buyer action plan
  • Credit Dos and Don’ts
7. Searching for a home ~ We will discuss the best way to search for a home and the resources and tools you can use including:
  • Techniques for searching
  • “Wide to Narrow”
  • The “Drive by”
  • Viewing homes
8. Making an offer on your new home
  • What is the offer? And what do you need to make an offer?
  • Common questions and misconceptions
  • The contract
  • What is an “Escrow” deposit and how much is needed
9. Due Diligence and other contract contingencies
  • Home Inspections
  • Common questions and misconceptions
  • Approximate Costs
Call the Vermace Team today anytime at 319-339-7721 or email us at Vermace@Vermace Realty.com