Selecting a Home
Purchase Your Dream Abode Without the Hassle
Finding the perfect home can be challenging, with various factors to consider. These can include price, location, size, neighborhood amenities, and schools, depending on your requirements. Additionally, with the real estate market constantly changing, combing through countless listings and communicating with multiple sellers can be incredibly time-consuming. This is where Cribbed comes in to simplify the home-buying experience.
Cribbed understands the hurdles that come with finding the perfect residence. Our mission is to make home-buying a seamless experience for you. We aim to achieve this through our comprehensive, customer-centric, and technologically advanced platform, which makes submitting offers and reaching closing a breeze.
Our innovative approach offers an all-inclusive service that keeps you informed at every stage of the process. With text notifications to keep you in the loop and a reminders system in place, you will never miss an appointment or essential updates.
We also understand that your schedule might vary regularly, so our platform allows buyers to request showings directly with sellers 24/7. This removes intermediaries and ensures that your home search proceeds efficiently and transparently.
At Cribbed, we take immense pride in our passion for delivering a professional and hassle-free experience when finding the perfect home. We’d be thrilled to be your partner in making your dream home a reality.
How it Works
Revolutionizing Home Buying Through Innovative Solutions
Making an Offer
While it’s possible to negotiate on every detail of the transaction, it’s crucial to keep the process in good faith, providing quick replies and updates. Location is often the most critical factor in determining a home’s price and desirability. But before making an offer, it’s necessary to research the seller to confirm that they are the property’s legitimate owner. A diligent effort in this area will help ensure a smoother transaction and minimize any legal issues arising during the sale process.
Financing Contingency
Securing financing for your new home is often one of the most time-consuming tasks, with pre-approval typically taking between 30 and 45 days. Before signing an offer contingent upon financing, it’s wise to contact the lender to understand their criteria better, as this information may not be fully represented on the pre-approval letter. Let the lender know they can expect to be contacted by the homeowner or their representative, and encourage them to answer any questions about your qualifications.
Home Sale Contingency
The home sale contingency allows a potential home buyer to make an offer on a new property while still owning their current one. In this case, the offer depends upon finding a buyer for the current home within a specific time frame or upon the successful closing of the current home by a set deadline. One significant benefit of using a home sale contingency is that it helps avoid the risk of having to carry two mortgages simultaneously, which can become financially burdensome.
Under Contract: What’s Next?
Once you’ve found your ideal home and your offer has been accepted, you enter the “Under Contract” phase, which marks the beginning of the formal buying process. You will gain access to a personalized buyer portal that guides you through the various steps leading to the sale’s closing. As part of the process, you will submit an agreed-upon earnest money payment to the title company handling the closing. This payment demonstrates your commitment to purchasing the property.
The Inspection
The inspection typically takes three to four hours depending on various factors like the home’s size, age and condition. During this step all utilities must be turned on. This enables the inspector to thoroughly assess the home’s structural integrity, systems, and overall condition. If the inspection uncovers defects that significantly impact your interest in the home or its value relative to the price paid, several common resolutions are available:
- Repair request
- Closing cost credit
- Renegotiate the price
- Combination of those mentioned above
From Inspection to Closing
After completing the inspection phase, several critical tasks must be addressed before the closing date. These include arranging for movers and packers to facilitate a smooth transition to your new home, notifying your insurance company to update your policy for the upcoming purchase, checking with local authorities or your attorney regarding transfer taxes, ensuring utilities are set up to avoid disruptions on closing day and completing a change of address with the post office and other relevant institutions. These steps are essential to streamline the process and ensure a seamless transition into your new home.
Final Walk-Through
Before closing a real estate transaction, it is customary for the buyer to conduct a final walk-through. This is usually scheduled for the morning of the closing day. The final walk-through is crucial to ensure that the property’s condition aligns with the expectations set during previous visits. If there were any agreed-upon repairs or changes, this step verifies that the tasks have been satisfactorily completed. It’s important to note that any damages or issues discovered between the final walk-through and the actual closing are generally the buyer’s responsibility.
Closing
The closing is scheduled once all contingencies and inspections have been satisfied. If you’re obtaining financing, the lender will issue a “clear to close” once all mortgage commitments are met. The closing process involves coordinating with the attorney or title company to finalize the transaction, sign necessary documents and transfer ownership. This can occur at various locations, including a title company office, attorney’s office or even online. Be prepared to wire funds for your contribution as this guarantees a smooth and successful closing process.
Why Choose Cribbed When Selecting a Home
Experience Seamless Property Acquisition With Us
Simplified Transactions
At Cribbed, we prioritize barrier-free transactions to streamline your home selection process. Our platform is designed to remove unnecessary complexities, making it easier for you to find and purchase your dream home.
Personalized Access
Gain exclusive access to personalized portals on Cribbed, offering a tailored experience to meet your needs. Our exclusive portals empower you with the tools and information necessary to make informed decisions throughout your buying journey.
Transparent Showing Requests
Experience transparent and straightforward showing requests through Cribbed. We provide clear communication and seamless scheduling to ensure a smooth viewing process for potential properties.
Privacy Assurance
Your privacy and security are paramount at Cribbed. We implement robust measures to protect your personal information and ensure a secure environment for all transactions and interactions on our platform.
Expert Insights
Benefit from our in-depth knowledge and expertise in the real estate market. Cribbed provides valuable insights and resources to help you confidently navigate the complexities of buying a home.
Responsive Communication
Expect timely and responsive communication at every step of the way. We understand the importance of clear and prompt communication in real estate transactions and strive to keep you informed throughout the process.
Effortless Procedures
Enjoy hassle-free processes when choosing Cribbed for your home selection. We prioritize efficiency and simplicity, allowing you to focus on finding your ideal home while we seamlessly handle the intricacies of the transaction process.