Helpful Information When Buying or Selling a Home in Clinton, OK, or the Surrounding Areas

Whether you plan to buy a primary residence or investment property or sell an existing home, you have many important things to consider. Count on us to provide the expert assistance you need as we do the following:

Assist in determining how much you can afford and getting you prequalified or preapproved for a loan.
Simplify your property search by helping you define your preferred home and neighborhood criteria.
Screen new listings daily and inform you about homes that match your criteria.
Update you on local market conditions to help you make informed decisions.
Gather in-depth information on all listed homes, schedule tours, and identify the pros and cons of each property.
Help you draft an appropriate offer and represent you when presenting it to the seller.
Negotiate a contract that considers your goals and leads to a successful closing.
Refer you to trusted service providers, including appraisers, attorneys, carpenters, inspectors, insurance agencies, movers, title companies, warranty providers, etc.
Advocate for and represent you when dealing with buyers, their agents, and service providers.
Establish a fair asking price that meets your goals.
Offer advice on esthetically staging your home to enhance its appeal to potential buyers.
Create a customized marketing plan promoting your home 24 hours a day, 7 days a week. (Note: The plan can include advertising, direct mail campaigns, flyers, internet listings, multiple listing services, open houses, and yard signs.)
Schedule and host open houses and home tours.
Present written offers and discuss their advantages and disadvantages.
Present counteroffers.
Represent you when closing the sale and resolve last-minute obstacles to ensure a smooth and successful transaction.

Services We Provide Sellers

As professional real estate brokers, we will:

Help you determine the best price to sell your home.
Suggest ways to improve your home’s marketability.
Refer you to reputable repair companies if necessary.
Strategize how to show off your home in the best way possible.
Enter your home in the Multiple List Service immediately.
Create an effective marketing plan for your home.
Meet with you at least once a month to review your sales progress.
Advise you of changes in the real estate market.
Present all offers and assist you in evaluating them.
Monitor progress toward closing the sale when a contract is accepted.
Advise you of events that may compromise or delay your closing.
Coordinate and monitor the settlement process.
Monitor the appraisal and buyer’s loan approval.
Stay in contact with the selling associate to ensure the sale is proceeding smoothly.
Be present during the closing of the sale to ensure a successful conclusion.

Items Needed for a Credit Application

Employment

Addresses for Two (2) Full Years
Gross Monthly Income
W-2s (If Available)
Proof of the following:
- Social Security, Disability, Retirement, or Pensions
- Income from Investments, Rentals, etc.
- Child Support or Alimony Paid/Received
Year to Date Pay Stub

*Note: For self-employed applicants, you also need to provide two (2) years’ worth of 1040 tax returns and your profit and loss statement for the current year.

Banking

Names and Addresses of Saving Institutions
Account Numbers for All Accounts
Types of Accounts and Present Balances

Creditors

Names, Addresses, and Account Types of All the Creditors
Account Numbers
Monthly Payments and Approximate Balances
Amount of Child Care Expenses

Miscellaneous

List of Assets in Stocks, Bonds, and Land
Life Insurance Cash Value (Documented If Used as Cash Down Payment)
A Copy of Sales Contracts (Applicable Only to Applicants Selling Homes)
Social Security Numbers of All Parties Involved
Certificate of Eligibility and DD Form 214 (Applicable Only to Applicants Who are Veterans)
Payment in Cash or Check for the Application Fee

Closing Process for Sellers

We advise that you talk to your real estate agent, so you are fully prepared to handle and negotiate multiple offers. After accepting an offer, your agent will provide the necessary documents to the closing agent who will ask you for the following details:

The Lender Who Provided Your Loan
Your Loan Numbers
The Last Four (4) Digits of Your Social Security Number
Your Forwarding Address

Your chosen buyer will then schedule an inspection. Remember to turn on your water, power, and gas lines while the inspection is being conducted. An appraiser will also examine your property and inform your lender of any required repairs. Should repairs be needed, your lender will contact your agent.

Next, your agent will consult with you to schedule a date for closing the sale. Should you need to bring money during the closing, bring a cashier’s check or money order made out to the title company. Remember to bring your driver’s license in case some documents need notarizing.

Get your utilities and insurance out of your name on the closing day. Once your property has been recorded at your local courthouse, the title company will release your net proceeds. You can also bring your keys and garage door openers to the house during the closing or leave them in your home.