BUYING

READY TO GET STARTED?

Apply now to see what you qualify for. 

Not sure if you are ready? We will walk you through the entire process.

LET'S TALK

If you’re considering a move, whether it’s to a starter house, a bigger house to hold a growing family, or a smaller house now that the kids are off on their own, we can help.

Scout partners with you throughout your search, bringing our expertise and knowledge of the Spokane real estate market to lead you home. We take the time to understand each client individually so we know their overall objectives and lifestyle. 

When you use Scout to buy a home, we make sure you are informed and prepared for the journey ahead.

GET READY

First, we will counsel you on the way you need to start your journey, like helping you find out how much you are capable of spending. 

This is the time we suggest reevaluating your budget and speaking with a mortgage broker. While pre-approval up front isn’t necessary, it will often be needed when you make and offer on your home. These steps arm you with the info you need to begin as an informed and realistic buyer.

See what you qualify for here.

THE SEARCH

Determining the right home and neighborhood is next. With your maximum price in mind, we will talk about the neighborhoods, quality and characteristics that you desire in a home. We listen closely and provide a questionnaire to help us narrow in on your dream home.

Scout will email you listings as they come available. You can just communicate with us if you are interested and want to go take a look. As agents, we have access to all houses listed on the MLS so viewing properties is easy.

YOU AND THE SELLER

Finding the right home can take time depending on what you want and the market. This is why Scout is with you to lead the way, counsel and be a patient ally with you in the search for the perfect home. In the relatively short amount of time it takes to write an offer you are making decisions that affect how you live for the next several years, if not the rest of your life. Likewise, the seller is going to review your offer carefully, because it also affects how he or she lives the rest of their life.

THE OFFER

The nitty-gritty of buying a house comes into play with the offers and negotiations. Scout will lead you to the right property and write up an offer to purchase it, as well as walk you through the purchase and sale agreement and explain the benefits and drawbacks of each section and each decision you make. This will all help you decide what price to offer, as well as other important terms of the contract. Once the seller signs and returns the offer you have a contract to purchase your home! This is obviously the simplified version.

If you have opted to have a home inspection as well, we will assist with any negotiations that result from it. For example, you may ask the seller to repair something to complete the sale.

LOAN

The loan process begins for a home as soon as the purchase and sale agreement is signed by both parties. Your lender works in the background to get your mortgage together. They will usually need paperwork from you throughout the process and it’s important to stay in constant contact.

ESCROW AND CLOSING

Escrow also begins working in the background as soon as the purchase and sale agreement is signed by both parties. Escrow is an independent third party between you and the seller. Their job is to handle deposits, prepare the final settlement statement, arrange legal transfer of the property and release proceeds to the seller. 

A couple days before the closing date you will need to meet with escrow to sign all the paperwork to transfer the property into your name and secure your mortgage against it. Then closing occurs - the day that the transfer becomes official, the deed is recovered.

...THAT'S THE SIMPLIFIED VERSION

Hopefully, this gives you an idea of what to expect in your home buying journey. If you choose to work with us, Scout will be with you the entire way and will provide helpful packet resources, check-lists and guidance for you throughout.

LET'S GO!

Want to discuss the process more or are you ready to start looking for a home? Give us a call at 509-703-7634 or email contact@scoutnw.com and we can get started! Don't forget to also check out our Facebook page - click here!