Ever imagined yourself and your family finally playing and relaxing in the living rooms of a house you have worked for and dreamed for all your life? Most citizens in the USA prefer buying property than renting. When looking for a property to buy, you must have a list of your requirements or a minimum threshold that the property must attain before making a purchase offer. However, the more the requirements, the higher the cost and the less available a potential property becomes.

It is therefore important to prioritize your necessities into, "must have" and "would like" as well as adding a list of dislikes with " Do not want" or " Dislike."

Buying a house or an apartment is a complex process, and there are a couple of things you have to keep in mind during the whole process. One of those things is the cost aspect. Having a real estate agent that you trust is key. Apart from assisting you in the paperwork, closing costs and other details, Grand Mondial real properties gives a unique offer where you buy your dream house with cash and get a 10% OFF! Quite a great deal, right?

Home Buying Process

1. Decide on a real estate agent
In the majority of the states, real estate agents must have a Real Estate License. However, this is not true in every country. The simplest way to know that you are dealing with a qualified professional is to look for a realtor who is a licensed real estate agent in the National Association of Realtors.

You can use search engines like google to find a realtor near you. You can also note a couple of realtors while searching for properties in the area you are moving to.

You can also get referrals from people who have bought property recently. Ask them the real estate agent they used and if their services were excellent.

2. Interviewing a real estate agent
After selecting two or three real estate agents, arrange for a meeting with them. It can be via phone, Skype, or through emails. In the session you are going to ask questions and find out a few facts about them like; how long they have been operational, whether they are full-time agents or not, how many clients they have assisted get homes in the last year, do they have a website or a blog and why you should choose them to and not any other real estate agent. You can also find out if they have special offers like Grand Mondial real properties which give a 20% off your cash payment.

3. Buyer Agency Agreement
A buyer's agency agreement is vital since it spells your requirements and expectations in writing. Once it is signed, it ensures that your real estate agent ensures proper accountability of your money confidentiality and sound advice so that you can make the final decision.

Any residential purchase transaction in real estate might have long term implications, and it is wise to understand the following:

• What constitutes a purchase offer

• What could affect its execution

• Responding to any counter offers by the seller

Components of a purchase offer
Most purchase offers in the USA vary depending on the state location, but the major components are:

Consideration Window. Outlines how long the offer remains valid and the duration which the buyer can make another offer if the seller does not respond to the initial offer.

Earnest money deposit. About 1% of the total money is deposited to show that the buyer is serious about purchasing the house.

The legal description of the property. Constitutes a lawful depiction of the property as it appears on the title deed. It is composed of physical boundaries of the plot and the numerical measurements.

A purchase offer becomes binding when both parties sign it. During the contract execution, some contingents may arise. They are mainly put in for the buyer for buyer protection or the seller for seller protection.

The major purchase contingencies include:

Home inspection – This is where a licensed inspector looks over your house in all areas pointing out any faults and flaws that regular buyers cannot detect. If any significant issue is discovered, the buyer has the right to demand it to be fixed, or he/she walks away.

Hazard inspections – They are optional though recommended when the likelihood of a particular hazard is high.

Sewer inspection – Involves assessment of a house's water and sanitation systems.

Getting a suitable dream house to purchase is not a walk in the park. Getting a good deal when purchasing is even harder. Not only do you get your dream house at Grand Mondial properties but Grand Mondial's 10% off on all cash payments ensures you save up some funds for other needs and ease the financial pressure in your home ownership journey.

**Offer opportunies may change at any time. Please submit your contact information for the latest offers in your inbox. You will also get access to our e-book on real estate investing.