Step 1

Meet with a REALTOR®

Meeting with me, Nikolas Tineo, is an important first step in the home buying process. In this meeting you will get to know me, ask any questions you may have and complete a detailed questionnaire. The questionnaire is important because it will be the basis of your home search. Examples include; price, location, amenities, age and style.

Step 2

Get Pre-Approved

Pre-Approval is an important step in the home buying process because, it gives you an exact idea of what your buying power is. Whether using a Mortgage Broker or a Direct Lender; be prepared to submit pay stubs, bank statements and W-2s. Armed with the pre-approval letter, you are ready to tour properties and submit an offer. 

Step 3

Search for Homes

Touring homes is the fun part! With the answers to the questionnaire you completed, and a target budget, I will create a custom Austin MLS search portal for you. The properties will be targeted toward finding you exactly what you want; no time wasted. As soon as we have a few in mind that you want to tour, we will schedule an appointment.

Step 4

Make an Offer

We have located a place you want to make an offer on, yes! Together, we will proceed to draft up a contract based on the price and terms you as the buyer choose. One tool we will utilize to prepare an informed offer, is the historical sales data provided by the Austin MLS. Once the contract is prepared, we will submit it to the listing agent/seller for review.

Step 5

Negotiation and Contract

At the end of the day, everybody has the same objective; to close on the transaction. Once all the terms of an offer have been agreed to and signed by the parties, and acceptance is communicated to the offeror, the contract becomes binding. From the effective date to closing, both the buyer and the seller have duties they must perform. They are all clearly laid out in the contract.

Step 6

In Escrow

You and the seller have agreed to the price and terms of the contract. The Escrow and Closing process for a purchase begin when the contract and earnest money are delivered to the title company.

Step 7

Final Details

Perform due diligence, order the appraisal, conduct the inspection and review terms with the lender.

Step 8

Closing

This is the transfer of funds and ownership. A title company or an attorney typically acts as an independent third party to facilitate the closing.