1. Find a Realtor: Check credentials: licensing, training, and results. How will they market your property and/or assist you in the buying/selling experience. 1 SOURCE REALTY brokers are professionally trained and able to help you every step of the way! 2. Money/pre-approval of Loan Determine approved price range and type of financing required. Expect to pay around $50 for a credit report and $300 for an appraisal (current estimated rate in Dyer County).

3. Tour Available Properties: Your realtor will make all the arrangements and accompany you on all site inspections. Be sure to take good notes detailing what you like and don't like about each property. It is a good idea to take a camera to further help you remember which home is which. Try not to see too many homes in one day, as it will get confusing. It is also a good idea to only look at properties in your desired location and price range. 4. Select Home: Be honest with yourself as to which home best meets your needs. Is the location where you wish to live, i.e. school district, shops, and neighborhood? Is the house in the shape you want, how much work will you have to do before you can move into it. Will it meet your available financial terms?

5. Negotiation/Making Offer: Your realtor will work with you to reach an agreement with the other buyer/seller. The seller may require the buyer to put up earnest money, the amount of which will vary. 6. Sales Contract: After an agreement is reached, a series of inspections and reports are generated. The seller will pay for a termite inspection. The buyer pays for the recommended home inspection if desired, and the appraisal report. The realtor schedules all of the inspections and reports. 7. Money: Verification of funds and employment, acceptance from mortgage lender-typically done by mortgage lender as per step 2. 8. Closing: Typically done at lawyer's office or lender's office. This is the transfer of all funds. Down payment, (unique to type of financing, i.e. conventional, HUD1, VA, etc.) and closing costs and title transfer (around 3% of purchase price) are paid by the buyer. Also at this time the buyer usually takes possession of the property. 9. Move: Choose your moving date and make arrangements to move your possessions. Arrange to transfer utilities, phone and cable to your name. Notify your local Post Office and request a change of address booklet.

10. How Your Realtor Gets Paid and Why: Your realtor is professionally trained in successful marketing. His time is spent working with buyers and sellers doing cost analysis, market value comparisons, marketing plans, showings, open houses, etc. Marketing especially entails a large percentage of your realtor's expenses. When the time comes, he lends his expertise in contract negotiations. At RE/MAX 1 Source Realty, we are leaders in real estate and have many marketing plans and resources in place. Nobody sells more real estate in the world than RE/MAX!